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Indian government counters Moody's downgrading, says proactively taken policy decisions

Indian government counters Moody's downgrading, says proactively taken policy decisions

Nov 08, 2019, at 03:14 pm

New Delhi, Nov 8 (UNI) Countering Global ratings major Moody's Investors Service downgrading India's ratings outlook to 'negative' from 'stable', the Government said on Friday that it has undertaken series of financial sector and other reforms to strengthen the economy as a whole and also proactively taken policy decisions in response to the global slowdown .