Moody’s Says India Can Handle Modest Fiscal Slippage This Year
India can withstand a potentially wider-than-forecast fiscal deficit this year without jeopardizing its investment-grade rating, according to Moody’s Ratings, as higher energy prices are expected to pose only temporary budget...
By Pratigya Vajpayee, Ruchi Bhatia · Bloomberg Markets
India can withstand a potentially wider-than-forecast fiscal deficit this year without jeopardizing its investment-grade rating, according to Moody’s Ratings, as higher energy prices are expected to pose only temporary budget pressures.