Water crisis can impact India's sovereign credit strength: Moody's

Quick Summary:

Moody's Analytics forecasts India's economy to grow by 6.

The sustainable finance market in India can provide companies and regional governments with a critical avenue to raise funds, it said.

S&P Global Ratings retains India's growth forecast for FY25 at 6.

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Article Details

Category: BusinessFinance

Markets: IndiaSouth Korea

Topics: Moody's Water crisis Water shortage Indian economy Delhi water crisis State of Indian economy Water supply

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-25 @ 10:07:20 (5 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 439 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 21379077

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Official Website: business-standard.com

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