In a report released on September 6th , rating agency Moody's said India's credit profile reflects key strengths including its large and diversified economy with high growth potential, a relatively strong external position, and a stable domestic financing base for government debt. "The Indian economy has higher capital buffers and...
World Bank Expects India to Grow by 8.3%
India’s economy is expected to grow by 8.3 percent this fiscal year, according to the World Bank, making it the second-fastest-growing major economy. The Bank’s Regional Economic Update for Fall 2021, said that after the "deadly second wave" of Covid-19 in India "the pace of vaccination, which is increasing, will...