According to Moody’s, a Global Rating Agency, the Indian interim budget was supported with the policy assumptions that strengthen the government’s Baa3 rating and gave more stabled outlook. Moody’s stable outlook on the Baa3 sovereign rating of India includes the macro-economic risks laid by the govt’s high debt and deficit ratios. It also includes the recent efforts taken by … [Read more...] about Indias Fiscal Position Still Very Weak, says Moody’s