Moody’s slashes India’s growth projection to 9.3% from earlier estimate of 13.7% | Business – Times of India Videos

Moody’s Investors Service sharply scaled down this year’s growth projection for India to 9.3% on Tuesday from its earlier estimate of 13.7%, citing “the negative impact of the second wave”, and warned that the spread of the Covid-19 virus as well as the rate of vaccinations will have a direct impact on economic outcomes.