Moody's raises India's growth forecast to 9.5% for 2022

American credit rating agency, Moody's Investors Service has raised India's growth forecast to 9.5 per cent from 7 per cent for the calendar year 2022. The agency today revised its growth projection for India citing a stronger-than-expected economic recovery from the national lockdown of 2020 and the second wave of the COVID-19 pandemic in mid-2021. Moody's said in a statement that they have raised the 2022 calendar year growth forecasts for India and maintained the fo...