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Moody’s lowers India’s outlook to ‘negative’ from ‘stable’; cites increased risks to economic growth recovery
Business

Moody’s lowers India’s outlook to ‘negative’ from ‘stable’; cites increased risks to economic growth recovery

If nominal GDP growth does not return to high rates, Moody's expects that government will face very significant constraints in narrowing general budget deficit and preventing a rise in debt burden

Absence of reforms in infrastructure, power sectors led to rising NPAs, says Arun Jaitley
Business

Absence of reforms in infrastructure, power sectors led to rising NPAs, says Arun Jaitley

He said bringing reforms in the country has become more easier now than it was some years back.