Moody's raises concerns over India's fiscal strategy
pre-market1 source ↓written by the desknot a recommendation
- of budget estimates
- 43.3%
- for India's economy
- 7% growth
Moody's Ratings has expressed concerns regarding India's fiscal strategy, stating that recent tax cuts have hindered revenue growth. As of September FY26, only 43.3% of budget estimates for net tax revenue were achieved. Despite these challenges, Moody's forecasts a 7% growth for India's economy in 2025, driven by domestic consumption and infrastructure spending.
Not investment advice. For informational purposes only.