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Home News Item Xinhua Asia-Pacific news summary at 1600 GMT, Nov. 28
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Xinhua Asia-Pacific news summary at 1600 GMT, Nov. 28

november 28, 2022by Reacties uitgeschakeld voor Xinhua Asia-Pacific news summary at 1600 GMT, Nov. 28

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NEW DELHI — American credit rating agency S&P Global Ratings on Monday cut India’s economic growth forecast for fiscal year 2022-23 from 7.3 percent to 7 percent.

It noted the domestic demand-led Indian economy will be less impacted by the global slowdown.

S&P Global Ratings’ Asia-Pacific chief economist Louis Kuijs said: “The global slowdown will have less impact on domestic demand-led economies such as

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