Moody’s raises India rating, cites Modi’s economic reforms
The move comes almost two months after their ratings on regional rival China citing the
Moody’s raised its rating on India to Baa2 from -
services tax and a controversial 2016 ban on -
They have acted as a drag on growth, which
- last few years.”
The move boosted Indian stocks more - ened to 64.86 against the dollar, from Indian laundry worker reads a newspaper at one of the city’s oldest laundry facilities, or ‘dhobi ghats’, in Chennai on November 17, 2017.