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.
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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On account of the negative impact of the second wave of Covid-19, Moody's Investors Service on Tuesday slashed India's growth forecast for the current financial to 9.3 per cent, from the 13.7 per cent projected earlier.
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Moody's cuts India's GDP growth forecast to 9.3 per cent from 13.7 per cent for fiscal 2021
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India's GDP or gross domestic product grew 5 per cent in the quarter ended June 30, government data showed on Friday, marking the slowest pace of expansion recorded since March 2013. The country's GDP growth was sharply lower than economists' estimates. Economists in a poll by news agency Reuters had expected the GDP growth at 5.7 per cent in the first quarter of the current financial year. #GDPData #EconomyGoneBJPmaun #GDP
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Moody's pegs India GDP growth at 9.3% in FY22 and 7.9 % in FY23
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In the midst of a raging controversy over India's economic growth under the new GDP series, former Chief Economic Adviser Arvind Subramanian has said India is grossly overestimating its GDP growth rate.
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Check out my Podcast - 'Dada Bartender Podcast' https://open.spotify.com/show/0ub0ll4SUUWwHDo5qk5Nb5?si=7b3ac81e1c194caf
Please follow me on Instagram: https://www.instagram.com/cocktailsindia2016/
Instagram (2): www.instagram.com/dada.bartender
Please follow me on Facebook: https://www.facebook.com/profile.php?id=100092566239501&mibextid=LQQJ4d
For Business / Suggestion: dada@cocktailsindia.com
sponsor.cocktailsindia@gmail.com
Affiliate Link
********************************************************************
My Camera - Canon EOS 200D II - Link To Purchase - https://amzn.to/3ZXuNQD
My Best Camera - Sony A7 3 - https://amzn.to/3ZjAkAJ
My Sound - GODOX MoveLink M2 - https://amzn.to/3JcqaMJ
My Light setup - GODOX LC500R RGB LED Light Stick - https://amzn.to/3SQmu6P
My Lens Setup - Sigma 18-35mm f/1.8 DC for Canon - https://amzn.to/3ZDqbyD
My Lens Setup - Canon EF50MM F/1.8 STM Lens - https://amzn.to/41CEeX4
My Audio Setup - Zoom H1n Handy Recorder - https://amzn.to/3mudhFa
Home Bar Accessories - https://amzn.to/3LedEOv
Glassware - https://amzn.to/3KRPSrf
Ice mould - https://amzn.to/3EWlecr
Disclaimer:
The purpose of this channel is not to support or encourage underage drinking but to provide knowledge of the products we consume. This channel does not promote or sell any alcoholic product. The purpose of this channel is to strictly entertain and inform people about products available on the market. We are strictly against underage drinking and do not support it.
About The Channel:-
If you love homestyle cocktails, reviews of Alcohol, Drink knowledge, Bartending and many more then this channel is for you. India is the biggest alcohol consumer in the world. We buy and consume more whiskey in the worl
Cooking video | 11982 views
Kolkata’s Best Bartending School with LAB Felicity “The Spirit Vidyalaya”. If you love bartending then come and join us
Please call Sourav +91 755-8204535 for further dissertation. Thanks
What My Students Speaking? About My Bartending School “The Spirit Vidyalaya” Kolkata
Cooking video | 1584 views
PEG क्या है, इसे PEG क्यों कहा जाता है? | What Is Peg
Join Our Bartending School The Spirit Vidyalaya, Call us on 7558204535
Check out our website - www.cocktailsindia.com
Check out my Podcast - 'Dada Bartender Podcast' https://open.spotify.com/show/0ub0ll4SUUWwHDo5qk5Nb5?si=7b3ac81e1c194caf
Please follow me on Instagram: https://www.instagram.com/cocktailsindia2016/
Instagram (2): www.instagram.com/dada.bartender
Please follow me on Facebook: https://www.facebook.com/profile.php?id=100092566239501&mibextid=LQQJ4d
For Business / Suggestion: dada@cocktailsindia.com
sponsor.cocktailsindia@gmail.com
Affiliate Link
********************************************************************
My Camera - Canon EOS 200D II - Link To Purchase - https://amzn.to/3ZXuNQD
My Best Camera - Sony A7 3 - https://amzn.to/3ZjAkAJ
My Sound - GODOX MoveLink M2 - https://amzn.to/3JcqaMJ
My Light setup - GODOX LC500R RGB LED Light Stick - https://amzn.to/3SQmu6P
My Lens Setup - Sigma 18-35mm f/1.8 DC for Canon - https://amzn.to/3ZDqbyD
My Lens Setup - Canon EF50MM F/1.8 STM Lens - https://amzn.to/41CEeX4
My Audio Setup - Zoom H1n Handy Recorder - https://amzn.to/3mudhFa
Home Bar Accessories - https://amzn.to/3LedEOv
Glassware - https://amzn.to/3KRPSrf
Ice mould - https://amzn.to/3EWlecr
Disclaimer:
The purpose of this channel is not to support or encourage underage drinking but to provide knowledge of the products we consume. This channel does not promote or sell any alcoholic product. The purpose of this channel is to strictly entertain and inform people about products available on the market. We are strictly against underage drinking and do not support it.
About The Channel:-
If you love homestyle cocktails, reviews of Alcohol, Drink knowledge, Bartending and many more then this channel is for you. India is the biggest alcohol con
Cooking video | 1460 views
What is Wheat Beer? | व्हीट बीयर क्या है?
Join Our Bartending School The Spirit Vidyalaya, Call us on 7558204535
Check out our website - www.cocktailsindia.com
Check out my Podcast - 'Dada Bartender Podcast' https://open.spotify.com/show/0ub0ll4SUUWwHDo5qk5Nb5?si=7b3ac81e1c194caf
Please follow me on Instagram: https://www.instagram.com/cocktailsindia2016/
Instagram (2): www.instagram.com/dada.bartender
Please follow me on Facebook: https://www.facebook.com/profile.php?id=100092566239501&mibextid=LQQJ4d
For Business / Suggestion: dada@cocktailsindia.com
sponsor.cocktailsindia@gmail.com
Affiliate Link
********************************************************************
My Camera - Canon EOS 200D II - Link To Purchase - https://amzn.to/3ZXuNQD
My Best Camera - Sony A7 3 - https://amzn.to/3ZjAkAJ
My Sound - GODOX MoveLink M2 - https://amzn.to/3JcqaMJ
My Light setup - GODOX LC500R RGB LED Light Stick - https://amzn.to/3SQmu6P
My Lens Setup - Sigma 18-35mm f/1.8 DC for Canon - https://amzn.to/3ZDqbyD
My Lens Setup - Canon EF50MM F/1.8 STM Lens - https://amzn.to/41CEeX4
My Audio Setup - Zoom H1n Handy Recorder - https://amzn.to/3mudhFa
Home Bar Accessories - https://amzn.to/3LedEOv
Glassware - https://amzn.to/3KRPSrf
Ice mould - https://amzn.to/3EWlecr
Disclaimer:
The purpose of this channel is not to support or encourage underage drinking but to provide knowledge of the products we consume. This channel does not promote or sell any alcoholic product. The purpose of this channel is to strictly entertain and inform people about products available on the market. We are strictly against underage drinking and do not support it.
About The Channel:-
If you love homestyle cocktails, reviews of Alcohol, Drink knowledge, Bartending and many more then this channel is for you. India is the biggest alcohol consumer in th
Cooking video | 1278 views
भारत में पहला BAR कौन सा है? Which is the First BAR in India? Do you know?
#firstbar #Indiasfirstbar #bar #cocktailsindia
Check out my Podcast - 'Dada Bartender Podcast' https://open.spotify.com/show/0ub0ll4SUUWwHDo5qk5Nb5?si=7b3ac81e1c194caf
Please follow me on Instagram: https://www.instagram.com/cocktailsindia2016/
Please follow me on Facebook: https://www.facebook.com/cocktailsindia1975/
For Business / Suggestion: sponsor.cocktailsindia@gmail.com
Affiliate Link
********************************************************************
My Camera - Canon EOS 200D II - Link To Purchase - https://amzn.to/3ZXuNQD
My Best Camera - Sony A7 3 - https://amzn.to/3ZjAkAJ
My Sound - GODOX MoveLink M2 - https://amzn.to/3JcqaMJ
My Light setup - GODOX LC500R RGB LED Light Stick - https://amzn.to/3SQmu6P
My Lens Setup - Sigma 18-35mm f/1.8 DC for Canon - https://amzn.to/3ZDqbyD
My Lens Setup - Canon EF50MM F/1.8 STM Lens - https://amzn.to/41CEeX4
My Audio Setup - Zoom H1n Handy Recorder - https://amzn.to/3mudhFa
Home Bar Accessories - https://amzn.to/3LedEOv
Glassware - https://amzn.to/3KRPSrf
Ice mould - https://amzn.to/3EWlecr
Disclaimer:
The purpose of this channel is not to support or encourage underage drinking but to provide knowledge of the products we consume. This channel does not promote or sell any alcoholic product. The purpose of this channel is to strictly entertain and inform people about products available on the market. We are strictly against underage drinking and do not support it.
About The Channel:-
If you love homestyle cocktails, reviews of Alcohol, Drink knowledge, Bartending and many more then this channel is for you. India is the biggest alcohol consumer in the world. We buy and consume more whiskey in the world than anyone else. This channel helps give information about your favorite drink. How to make fantastic cocktails at ho
Cooking video | 1174 views
एक Wine की बोतल की सेल्फ लाइफ क्या होती है? What is the shelf-life of a bottle of wine?
#wine #Wineshelflife #cocktailsindia #dadabartender
Join Our Bartending School The Spirit Vidyalaya, Call us on 7558204535
Check out our website - www.cocktailsindia.com
Check out my Podcast - 'Dada Bartender Podcast' https://open.spotify.com/show/0ub0ll4SUUWwHDo5qk5Nb5?si=7b3ac81e1c194caf
Please follow me on Instagram: https://www.instagram.com/cocktailsindia2016/
Instagram (2): www.instagram.com/dada.bartender
Please follow me on Facebook: https://www.facebook.com/profile.php?id=100092566239501&mibextid=LQQJ4d
For Business / Suggestion: dada@cocktailsindia.com
sponsor.cocktailsindia@gmail.com
Affiliate Link
********************************************************************
My Camera - Canon EOS 200D II - Link To Purchase - https://amzn.to/3ZXuNQD
My Best Camera - Sony A7 3 - https://amzn.to/3ZjAkAJ
My Sound - GODOX MoveLink M2 - https://amzn.to/3JcqaMJ
My Light setup - GODOX LC500R RGB LED Light Stick - https://amzn.to/3SQmu6P
My Lens Setup - Sigma 18-35mm f/1.8 DC for Canon - https://amzn.to/3ZDqbyD
My Lens Setup - Canon EF50MM F/1.8 STM Lens - https://amzn.to/41CEeX4
My Audio Setup - Zoom H1n Handy Recorder - https://amzn.to/3mudhFa
Home Bar Accessories - https://amzn.to/3LedEOv
Glassware - https://amzn.to/3KRPSrf
Ice mould - https://amzn.to/3EWlecr
Disclaimer:
The purpose of this channel is not to support or encourage underage drinking but to provide knowledge of the products we consume. This channel does not promote or sell any alcoholic product. The purpose of this channel is to strictly entertain and inform people about products available on the market. We are strictly against underage drinking and do not support it.
About The Channel:-
If you love homestyle cocktails, reviews of Alcohol, Drink kn
Cooking video | 1239 views