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Moody’s Downgrades India’s Outlook to Negative
November 10th, 2019 - 09:30 GMT

Moody’s Downgrades India’s Outlook to Negative

Moody's downgraded its outlook on India to negative from stable amid claims by the government that its economic fundamentals remain "quite robust". {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-a…","video_id":"a06ff7b5-e051-482b-ae88-2aba2a9cea1d","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Top 10 Arab Countries in terms of Ease of Doing Business 2019"} In a statement late Thursday, the credit rating agency said the Indian economy was facing increasing risks "leading to a gradual rise in the debt burden”. The downgraded rating came as India’s gross domestic product (GDP) ...
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