Moody's may upgrade India's rating - 0 views

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  #1 india incorporated on 31 Oct 14

   

  The Narendra Modi government's efforts to revive the Indian economy are beginning to bear fruit. International credit rating agency Moody's gave it a thumbs up, saying it would consider upgrading the country's sovereign rating if the government manages to keep inflation under control and implement recent measures to ramp up growth.
  
  This is the second major international vote of confidence in India's economy that is showing signs of revival after three years of stagnation and slow growth. Earlier this week, iconic Japanese investor Mayaoshi Son, founder chairman of Softbank, committed $10 billion investments in this country in a sign that India is once again on the radars of major foreign investors.
  
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  <div class="cArrow"> </div><div class="cContentInner">The Narendra Modi government's efforts to revive the Indian economy are beginning to bear fruit. International credit rating agency Moody's gave it a thumbs up, saying it would consider upgrading the country's sovereign rating if the government manages to keep inflation under control and implement recent measures to ramp up growth.<br /><br />This is the second major international vote of confidence in India's economy that is showing signs of revival after three years of stagnation and slow growth. Earlier this week, iconic Japanese investor Mayaoshi Son, founder chairman of Softbank, committed $10 billion investments in this country in a sign that India is once again on the radars of major foreign investors.<br /><br /><a href="http://www.indiaincorporated.com/item/3972-moody-s-may-upgrade-india-s-rating.html" rel="nofollow">Read More...</a><br /><br />Visit us at: <a title="Link: http://www.indiaincorporated.com" href="http://www.indiaincorporated.com" rel="nofollow">www.indiaincorporated.com</a></div>

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