CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business

Moody’s Investors warns India

Published: 03 Sep 2014 - 11:33 pm | Last Updated: 21 Jan 2022 - 06:51 pm

Apple vendors wait for customers outside their shop at a wholesale fruit market in the southern Indian city of Bangalore yesterday. India’s fiscal deficit and inflation outlook could prevent any upgrades in the country’s sovereign rating, even as the economy is headed for recovery, Moody’s Investors Service said yesterday.