Moody’s cuts India’s economic growth projections to 7pc for 2022 | Biden News

Moody’s cuts India’s economic growth projections to 7pc for 2022

 | Biden News

[ad_1] Representative Image New Delhi: Moody’s on Friday cut India’s GDP growth projections for 2022 to 7 percent from 7.7 percent previously, as the global slowdown and rising domestic interest rates will dampen economic momentum. This is the second time that Moody’s Investors Service has cut India’s growth ratings. In September, it cut projections for … Read more

Intel Earnings Expected to Decline on PC Rut, Economic Weakness | Biden News

Intel Earnings Expected to Decline on PC Rut, Economic Weakness

 | Biden News

[ad_1] Intel corp. INTC -0.73% is expected to report a sharp drop in quarterly revenue, hurt by a rapidly shrinking market for personal computers in which its chips go. The company after the closing bell Thursday is projected to post sales of about $15 billion during the quarter ended in September, a pullback of more … Read more