India's GDP forecast in 2022 is from 9.1% to 8.8% says Moody

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Sharp rise in crude oil, food, and fertilizer prices will weigh on household finances and spending in the months ahead. Moody's Investors Service has slashed India's economic growth projection to 8.8 percent for 2022 from 9.1 percent earlier, citing high inflation. It also slashed its forecast for advanced economies from 3.2% to 2.6%. The Rate increase is going to prevent energy and food inflation from becoming more generalised and will slow the demand recovery’s momentum, the rating agency said in its latest Global Macro Outlook. However, Moody’s added that unless global crude oil and food prices rise further, the economy seems strong enough to maintain solid growth momentum. High-frequency data suggest that the momentum from Q4 2021 carried through into the first four months of this year because of strong reopening momentum. Strong credit growth, a large increase in investment intentions announced by the corporate sector, and a high budget allocation to capital spending by the government indicate that the investment cycle is strengthening.

The main drivers of the slowing economic momentum are the ongoing supply shocks that are stoking inflation and eroding consumer purchasing power, and a shift toward more hawkish monetary policy globally, accompanied by financial market volatility, asset repricing and tighter credit conditions, it said. The agency said the post-pandemic global economic recovery faces a complex set of challenges. Several crosscurrents have hit the global economy all at once, and will slow growth more significantly than we envisaged only a few months ago. The economic spill-overs of the Russia-Ukraine military conflict are still unfolding, as is the effect on global growth from the slowdown in China amid strict enforcement of its zero-Covid policy. Although we expect headline inflation rates to ease through next year, price levels remain high and will weigh on consumer demand, it added. Moody’s said the primary focus of inflation.

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    Sharp rise in crude oil, food, and fertilizer prices will weigh on household finances and spending in the months ahead. Moody's Investors Service has slashed India's economic growth projection to 8.8 percent for 2022 from 9.1 percent earlier, citing high inflation. It also slashed its forecast for advanced economies from 3.2% to 2.6%. The Rate increase is going to prevent energy and food inflation from becoming more generalised and will slow the demand recovery’s momentum, the rating agency said in its latest Global Macro Outlook. However, Moody’s added that unless global crude oil and food prices rise further, the economy seems strong enough to maintain solid growth momentum. High-frequency data suggest that the momentum from Q4 2021 carried through into the first four months of this year because of strong reopening momentum. Strong credit growth, a large increase in investment intentions announced by the corporate sector, and a high budget allocation to capital spending by the government indicate that the investment cycle is strengthening.

    The main drivers of the slowing economic momentum are the ongoing supply shocks that are stoking inflation and eroding consumer purchasing power, and a shift toward more hawkish monetary policy globally, accompanied by financial market volatility, asset repricing and tighter credit conditions, it said. The agency said the post-pandemic global economic recovery faces a complex set of challenges. Several crosscurrents have hit the global economy all at once, and will slow growth more significantly than we envisaged only a few months ago. The economic spill-overs of the Russia-Ukraine military conflict are still unfolding, as is the effect on global growth from the slowdown in China amid strict enforcement of its zero-Covid policy. Although we expect headline inflation rates to ease through next year, price levels remain high and will weigh on consumer demand, it added. Moody’s said the primary focus of inflation

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    - ASHI, Haryana's website - https://ashi-haryana.org/

    About ASHI, Haryana:
    Association for Social Health in India (ASHI) is a Voluntary and Social Organization aiming at challenging those conditions that lead to exploitation of women and children for anti-social purposes by providing shelter for Destitute & Orphan children and arranging for their education, vocational training and rehabilitation are one of the Association’s main activities. The Governor of Haryana, their Chief Patron, visits the Home once a year to encourage and bless the children.

    All Rights Reserved - Pinaka Mediaworks LLP - 2019
    Produced by: Association of Social Health in India (Haryana State Branch), Pinaka Mediaworks & Rolling Frames Entertainment.
    Director: Ojaswwee Sharma

    Production House - Pinaka Mediaworks LLP
    - Associate Director: Rohit Kumar
    - Editor: Bhasker Pandey
    - Cinematography Team:
    Raman Kumar
    Harjas Singh Marwah
    Surinder Singh
    - Subtitles: Diveeja Sharma

    For Pinaka Mediaworks LLP (India)

    - Co-founder & CFO: Sunil Sharma
    - Brand Communication Head: Diveeja Sharma
    - Head of Post Production: Bhasker Pandey
    - Legal Advisor: Vishal Taneja

    Kids video | 35208 views

  • Watch Samarpan - Promo 03 ft. Dr Vibha Taluja | 29th December 19 | RFE TV | ASHI Haryana | Ojaswwee Video
    Samarpan - Promo 03 ft. Dr Vibha Taluja | 29th December 19 | RFE TV | ASHI Haryana | Ojaswwee

    SAMARPAN is an ode to the dedicated team of ASHI, Haryana and Ashiana Children's Home, as they mark their Golden Jubilee this year in 2019. Available in Hindi and English Subtitles.
    Watch the full film 'SAMARPAN' online on
    - Rolling Frames Entertainment - (https://rfetv.in)
    - VEBLR - (https://veblr.com/)
    - ASHI, Haryana's website - https://ashi-haryana.org/

    About ASHI, Haryana:
    Association for Social Health in India (ASHI) is a Voluntary and Social Organization aiming at challenging those conditions that lead to exploitation of women and children for anti-social purposes by providing shelter for Destitute & Orphan children and arranging for their education, vocational training and rehabilitation are one of the Association’s main activities. The Governor of Haryana, their Chief Patron, visits the Home once a year to encourage and bless the children.

    All Rights Reserved - Pinaka Mediaworks LLP - 2019
    Produced by: Association of Social Health in India (Haryana State Branch), Pinaka Mediaworks & Rolling Frames Entertainment.
    Director: Ojaswwee Sharma

    Production House - Pinaka Mediaworks LLP
    - Associate Director: Rohit Kumar
    - Editor: Bhasker Pandey
    - Cinematography Team:
    Raman Kumar
    Harjas Singh Marwah
    Surinder Singh
    - Subtitles: Diveeja Sharma

    For Pinaka Mediaworks LLP (India)

    - Co-founder & CFO: Sunil Sharma
    - Brand Communication Head: Diveeja Sharma
    - Head of Post Production: Bhasker Pandey
    - Legal Advisor: Vishal Taneja

    Kids video | 85691 views

  • Watch Samarpan - Promo 04 ft. Maj Gen IJS Dhillon | 29th December 19 | RFE TV | ASHI Haryana | Ojaswwee Video
    Samarpan - Promo 04 ft. Maj Gen IJS Dhillon | 29th December 19 | RFE TV | ASHI Haryana | Ojaswwee

    SAMARPAN is an ode to the dedicated team of ASHI, Haryana and Ashiana Children's Home, as they mark their Golden Jubilee this year in 2019. Available in Hindi and English Subtitles.
    Watch the full film 'SAMARPAN' online on
    - Rolling Frames Entertainment - (https://rfetv.in)
    - VEBLR - (https://veblr.com/)
    - ASHI, Haryana's website - https://ashi-haryana.org/

    About ASHI, Haryana:
    Association for Social Health in India (ASHI) is a Voluntary and Social Organization aiming at challenging those conditions that lead to exploitation of women and children for anti-social purposes by providing shelter for Destitute & Orphan children and arranging for their education, vocational training and rehabilitation are one of the Association’s main activities. The Governor of Haryana, their Chief Patron, visits the Home once a year to encourage and bless the children.

    All Rights Reserved - Pinaka Mediaworks LLP - 2019
    Produced by: Association of Social Health in India (Haryana State Branch), Pinaka Mediaworks & Rolling Frames Entertainment.
    Director: Ojaswwee Sharma

    Production House - Pinaka Mediaworks LLP
    - Associate Director: Rohit Kumar
    - Editor: Bhasker Pandey
    - Cinematography Team:
    Raman Kumar
    Harjas Singh Marwah
    Surinder Singh
    - Subtitles: Diveeja Sharma

    For Pinaka Mediaworks LLP (India)

    - Co-founder & CFO: Sunil Sharma
    - Brand Communication Head: Diveeja Sharma
    - Head of Post Production: Bhasker Pandey
    - Legal Advisor: Vishal Taneja

    Kids video | 57201 views

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