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Moody's cuts India growth forecast to 0.2% for '20

Moody's Investors Service on Tuesday slashed India expansion forecast for calendar 12 months 2020 to zero.2%, from 2.5% projected in March. For 2021, Moody's expects India's expansion to rebound to 6.2%. In its file titled - Global Macro Outlook 2020-21 (April 2020 update), Moody's has diminished G-20 complex economies as a group to contract by means of 5.8% in 2020.

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