Moody’s ratings

Nirmala Sitharaman on India’s economic roadmap: Fiscal consolidation, growth strategies and global challenges | India News

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Nirmala Sitharaman on India’s economic roadmap: Fiscal consolidation, growth strategies and global challenges | India News

NEW DELHI: Union finance minister Nirmala Sitharaman on Sunday outlined India’s economic trajectory, fiscal policies, and key government initiatives after she presented the 8th consecutive union budget a day earlier.Sitharaman reaffirmed the Centre’s commitment to fiscal consolidation while ensuring economic growth, infrastructure expansion, and sectoral support. Addressing global economic challenges, she detailed strategies to navigate … Read more

India’s rising water stress can dent its sovereign credit profile: Moody’s Ratings

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India’s rising water stress can dent its sovereign credit profile: Moody’s Ratings

Photo used for representation purpose only. | Photo Credit: Reuters Moody’s Ratings warned on June 25 that India’s growing water shortage and increasingly frequent climate change-driven natural disasters, amid a rise in consumption and rapid economic growth, can negatively affect the country’s sovereign credit strength. Currently rated Baa3 stable by Moody’s, which denotes the lowest … Read more