Global ratings agency Moody’s on Friday revised the country’s sovereign ranking to Baa2 from Baa3 – its first upgrade in almost 14 years -- citing implementation of a string of economic reforms. The new rating, India's highest ever, comes as a huge boost for the Narendra Modi government.
Global ratings agency Moody’s on Friday revised the country’s sovereign ranking to Baa2 from Baa3 – its first upgrade in almost 14 years -- citing implementation of a string of economic reforms. The new rating, India's highest ever, comes as a huge boost for the Narendra Modi government.
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