International

A little too moody to be realistic
agencyInternational
By guteblog
Editors’ Choice
Nov 2019

A little too moody to be realistic

International rating agency Moody’s has Changed its outlook for the Indian market to’negative’ from’stable’ while reaffirming its current long-term sovereign rating at Baa2, its second-lowest investment score. Moody’s has cited the continuing deceleration on the expansion to revise its outlook for India, but we are in the midst of a worldwide economic downturn, with growth …