Rating agency Moody’s has said Indian economy could be slowing more than expected. ?Our forecast is for 7.2% yoy growth, but the risks to this forecast are weighed heavily to the downside. Anything below 7% ? which seems increasingly likely ? will be viewed as a policy failure,? said Moody?s. India will be releasing its Q2 GDP data on Wednesday. India has just come out of a decent monsoon, which will boost production through the first half of 2012, but it’s not likely to show up in Q3 GDP.