Subdued global demand to challenge growth: Moody’s

NEW DELHI: India’s growth over the coming years will be challenged by lacklustre global demand, high corporate leverage and impaired credit supply, Moody’s Investors

NEW DELHI: India’s growth over the coming years will be challenged by lacklustre global demand, high corporate leverage and impaired credit supply, Moody’s Investors Service said on Tuesday. The passage of land acquisition and Goods and Services Tax Bill has stalled, which illustrates that “political friction will keep the reform process uneven and slow-moving,” Moody’s said in ‘Inside India’ report.

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