News > Moody's says inflation, global factors unlikely to impact India's recovery

Moody's says inflation, global factors unlikely to impact India's recovery

Latesttalks | 07/09/2022 08:46 AM | Click to read full article

The Russia-Ukraine military conflict, higher inflation, and the tightening financial conditions on the back of policy tightening are unlikely to derail India’s ongoing recovery from the pandemic in 2022 and 2023, global ratings agency Moody’s Investor Service said on Tuesday.

The agency also retained India’s sovereign credit rating at Baa3 with a stable outlook.

-