India to grow 7.5% in FY16: Moody's
"India is forecast to be the strongest performer among the G20 countries, with GDP growth of 7.5% in both 2015 and 2016. Cheaper oil and reforms designed to enhance growth are expected to support robust economic activity," read Moody's website.
Speaking on China, it said: "In China, domestic factors will mainly account for economic developments. Moody's maintains its forecast that GDP growth will slow to 6.8% in 2015 and 6.5% in 2016, from 7.4% last year. In Japan, Moody's forecasts growth of 0.5% this year and of 1% in 2016. The weaker yen is only slowly boosting exports with no noticeable effects on domestic demand yet."
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