US-Iran war: Moody’s confident India can withstand fiscal deficit target breach without impacting rating

Jun 29, 2026 - 15:30
US-Iran war: Moody’s confident India can withstand fiscal deficit target breach without impacting rating

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Moody's currently rates India at Baa3, the lowest level within the investment-grade category, with a stable outlook. According to de Guzman, the rating reflects the government's consistent progress in strengthening its fiscal position since the Covid-19 pandemic.

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