Indian economy is in a sweet spot with solid growth: Moody's

Moody's Ratings, in its Global Macro Outlook, said, "The Indian economy is in a sweet spot with a mix of solid growth and moderating inflation." "High-frequency indicators...signal steady economic momentum in Q3. Household consumption is poised to grow," Moody's stated. The agency expects inflation, which reached a 14-month high of 6.21% in October, to moderate in the coming months.