8: Does Moody’s downgrade indicate fiscal risks overdone?
All Things Markets
English - November 14, 2019 07:04 - 10 minutes - 9.29 MB - ★★★★★ - 1 ratingNews Commentary News industry news fmcg construction stocks banking rbi bse aadani financial news financials Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: 7: Is it all ‘gloom and doom’ in consumption sector
Next Episode: 9: What's next for markets post Q2 earnings?
Moody’s cut India’s sovereign rating outlook to negative from stable while retaining the issuer rating at Baa2. Following the cut, the government is expected to persist with its focus on structural reforms to improve the investment climate and to attract more capital inflows into India. Mint's Nasrin Sultana speaks to Garima Kapoor, Economist, Elara Capital if the Moody’s downgrade indicates fiscal risks is overdone.