No immediate upgrade of India’s sovereign rating: Moody’s

February 1, 2025

Moody’s Ratings has stated that despite India’s efforts to maintain fiscal discipline and reduce the fiscal deficit, these measures are not sufficient for an immediate sovereign rating upgrade. The debt burden and high interest payments remain substantial challenges.

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Boost in urban infrastructure: HUA ministry allocated Rs 96,777 cr in Budget 2025-26

The Indian government increases the Union Housing and Urban Affairs Ministry’s budget allocation by 18% to Rs 96,777 crore for FY 2025-26. Key initiatives include

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Govt to focus on reducing debt-GDP ratio to about 50% by FY31

The government is set to reduce the debt-GDP ratio to 50 per cent by March 2031 from the current 57.1 per cent, with Finance Minister

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