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After 14 yrs, Moody’s ups India’s rating to highest since ’91 reforms
MUMBAI: Global ratings agency Moody's on Friday revised the country's sovereign ranking to Baa2 from Baa3 - its first upgrade in almost 14 years — citing implementation of a string of economic reforms, including demonetisation and rollout of the goods and services tax. The new rating, India's highest since the 1991 reforms, comes as a huge boost for the government.
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After 14 yrs, Moody’s ups India’s rating to highest since ’91 reforms
MUMBAI: Global ratings agency Moody's on Friday revised the country's sovereign ranking to Baa2 from Baa3 - its first upgrade in almost 14 years — citing implementation of a string of economic reforms, including demonetisation and rollout of the goods and services tax. The new rating, India's highest since the 1991 reforms, comes as a huge boost for the government.
Get #NarendraModi & #BJP #latestnews and #updates with - nm4.in/dnldapp
www.narendramodi.in/downloadapp. Download Now.