The government may need the support of its allies to carry out urgent reforms, some of which may not be to the their liking
Moody’s Investor Service warned in a research report that red tape could decelerate investments into India, where slow approval processes and licenc
Much, however, depends on transmission speed, virulence, hospitalisation and death, as also the effectiveness of vaccines
The rating agency with strong links to the government, assumes that it will provide a very high level of support for rated public sector banks
A gradual fiscal consolidation will further boost the sentiment, say analysts
In the meeting, the officials highlighted the upward movement of the growth in GDP in June 2021 and also the fiscal deficit and borrowing numbers
Moody's had in June projected a 9.3% growth for the current fiscal ending March 2022.
Several national and global bodies have trimmed India’s GDP growth estimates after the second wave and a third one could send growth even southwards
Indian economy contracted by 7.3 per cent in fiscal 2020-21 as the country battled the first wave of Covid, as against a 4 per cent growth in 2019-20
India's economy contracted by 7.3 % in fiscal 2020-21.