Moody’s affirms India’s Sovereign Rating at ‘Baa3’ with Stable Outlook on growth strength
Moody’s affirms India’s ‘Baa3’ rating with stable outlook, citing strong economic growth and sound external position. Long-standing fiscal weaknesses and high debt burden remain concerns, but strong GDP growth and gradual fiscal consolidation expected. US tariffs may hinder India’s manufacturing investment, but limited impact on economic growth.