New Delhi: Pinning faith in the continued progress on economic front backed by institutional reforms, Moody`s Investor Services lifted the Government of India`s local and foreign currency debt ratings to Baa2 from Baa3.


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The rating agency said that the reforms will improve the business climate in the country and raise productivity. 



Moody`s expects India`s real

Moody`s also raised India`s local currency senior unsecured debt rating to Baa2 from Baa3 and its short-term local currency rating to P-2 from P-3.


The government of Prime Minister Read More