Moody’s affirms India’s Baa3 rating with stable outlook
“Moody's expects India's economic growth to outpace all other G20 economies through at least the next two years, driven by domestic demand,” the rating agency said in justification of affirmation of India’s rating. The agency also lauded the government’s efforts on infrastructure, which it noted, had led to improvements in logistic performance and quality of trade and transport-related infrastructure.
The Insiders
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“Moody's expects India's economic growth to outpace all other G20 economies through at least the next two years, driven by domestic demand,” the rating agency said in justification of affirmation of India’s rating. The agency also lauded the government’s efforts on infrastructure, which it noted, had led to improvements in logistic performance and quality of trade and transport-related infrastructure.
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