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Moody’s Downgrades US Credit Outlook to Negative Amid Rising Debt Concerns

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Moody's downgrades US credit outlook to negative due to rising debt concerns. Urgent action needed to address national debt issue.

Moody’s Projects India’s Q1 GDP Growth at 6-6.3%, Cautions Against Fiscal Slippage Risks

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Moody's predicts India's economy will grow by 6-6.3% in Q1 of this year but warns of fiscal slippage risks due to weaker government revenues. Despite the country's high general government debt, Moody's notes strengths in their sound external position and stable domestic financing base. They project growth for the 2023-24 and 2024-25 fiscal years at 6.1% and 6.3%, respectively. All three global rating agencies have India at the lowest investment grade rating but with a stable outlook.

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Moody’s Projects India’s Q1 GDP Growth at 6-6.3%, Cautions Against Fiscal Slippage Risks

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Moody's predicts India's economy will grow by 6-6.3% in Q1 of this year but warns of fiscal slippage risks due to weaker government revenues. Despite the country's high general government debt, Moody's notes strengths in their sound external position and stable domestic financing base. They project growth for the 2023-24 and 2024-25 fiscal years at 6.1% and 6.3%, respectively. All three global rating agencies have India at the lowest investment grade rating but with a stable outlook.

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