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Moody’s Maintains India’s Long-Term Credit Rating Amid Fiscal Concerns

The agency warns that easing fiscal discipline could pose risks, even as the country's rating remains steady.

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Terms & Concepts
  • Credit Rating: An evaluation of a borrower's creditworthiness, issued by agencies such as Moody’s, reflecting the risk of default.
  • Fiscal Discipline: The practice of maintaining control over government spending and debt to ensure financial stability.