Explanation:

• Moody's Investors Service lowers India's economic growth forecast from 5.8 % to 5.6 % for 2019-20.
• It expects economic activity to pick up in FY2020 and 2021 to 6.6% and 6.7% respectively.
• Moody's predicted that the slow growth would be prolonged and would also have debt rises.
• Earlier,Moody's Investors Service downgrades India's Credit rating outlook to 'negative' from 'stable'.
• The ratings agency also cut its outlook for 21 Indian companies, including State Bank of India, Indian Oil Corporation Ltd, Infosys Ltd and NTPC Ltd to "negative" from "stable".