Key Points
Moody's expects India's economic growth to outpace all other G20 economies through at least the next two years, driven by domestic demand, the rating agency said in justification of affirmation of Indias rating...
Moody's expects that the economic benefits of the DPI will materialise over time and support India's growth potential, the agency pointed further stating that the economic and social benefits of digitalisation could be larger than currently assumed by Moody's...
The curtailment of civil society and political dissent, compounded by rising sectarian tensions, support a weaker assessment of political risk and the quality of institutions, Moodys noted, pointing to the Manipur incident...
Experts point that inflation is likely to be higher than RBIs target band of 2-6% in August as well.. While Moodys pointed that the fiscal strength of the country was a key weakness for its outlook and rating...
While Moodys noted that an improvement in fiscal consolidation and debt affordability could lead to an upgrade, an escalation of political tensions and/or a further weakening of checks and balances that would undermine India's long-term growth potential along with resurgence of financial sector stress could contribute to a downgrade...
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