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Moody's holds India's credit rating steady, cites strong economic growth

Business

Moody's has kept India's credit rating steady at Baa3, saying the country's economy is strong and growing fast—even as global pressures like high US tariffs linger.
The stable outlook basically means Moody's believes India can handle bumps in the road, thanks to its solid financial base.

India's challenge: High government debt

India's big challenge? Managing its high government debt.
While economic growth and plans to cut deficits could help lower this over time, recent pushes to boost spending might slow down progress.
For now, it's all about keeping growth on track while making sure public finances stay healthy.