In a massive setback for India, Moody’s Investors Service changed its outlook on India’s ratings to “negative” which was earlier termed as “stable”. It cited increasing risks that the country’s economic growth will remain lower than in the past. It said the outlook partly reflects government and policy ineffectiveness in addressing economic weakness, which led to an increase in debt burden from already high levels. In this episode of the Business Tit-Bits, our Business Editor Mr Akhilesh Bhargava tshares his take. #Moodys #EconomicSlowdown #NirmalaSitharaman
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