ETV Bharat / Moody Affirms India Baa3 Rating

Moody Affirms India Baa3 Rating

Moody's Investors Service on Friday affirmed India's rating at the lowest investment grade of 'Baa3', with a stable outlook, saying high growth will support a gradual increase in income levels, but flagged risks of populist policies due to rise in political tensions. Moody's said although India's potential growth has come down in the past 7-10 years, the growth would outpace all other G20 economies through at least the next two years, driven by domestic demand.

Moody's: India to outpace all G20 economies; Manipur ethnic-strife suggests risk of populist policies

Aug 19, 2023

Copyright © 2024 Ushodaya Enterprises Pvt. Ltd., All Rights Reserved.