Exclusive: Moody's defends India political risk comment, says had to explain change in assessment
In an August 18 statement affirming its Baa3 rating on India, Moody's had made note of
Source: moneycontrol.com
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Interview: Moody's to re-examine India's fiscal strength when deficit well below 4.5%
The global ratings agency does not expect India to meet its target of reducing the fiscal deficit to 4.5 percent of GDP by 2025-26, although any slippage is unlikely to be meaningful, Moody's Senior Vice President Christian de Guzman told Moneycontrol in an interview
Source: moneycontrol.com
India's FY22 Fiscal Deficit Target Slightly Wider Than Expected: Moody's Analyst
India's finance minister, Nirmala Sitharaman, set a fiscal deficit target of 6.8% of GDP for the year ending March 2022, while for the current financial year it is estimated to jump to 9.5% - nearly thrice the government's target of 3.5% set before the pandemic struck.
Source: moneycontrol.com