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India might face a larger structural slow down: Moody's report

Nabanita Dutta

News Editor

India's credit rating outlook has worsened as Moody's Investors Service has rated it down from Stable to Negative citing a prolonged slowdown in the economy. India's growth outlook has weakened sharply this year. Geng Fang of Moody's said that the negative outlook indicates risks in the medium-term trajectory and there are chances of a lower trajectory for a longer period of time. They are keeping an eye on GDP growth too.