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The Economic Times

Top News / The Economic Times

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Oil risks rise, but Moody's sees India holding firm

Moody's Ratings believes India can manage a wider fiscal deficit this year without jeopardizing its investment-grade credit rating. Despite elevated oil prices posing risks, the agency views their impact as temporary and trusts New Delhi's commitment to fiscal consolidation. While high debt servicing remains a concern, Moody's remains confident in India's steady financial improvement and conservative fiscal path.

29 Jun 2026 2:13 pm