(Image source from: India’s outlook Changed to Positive from Stable})

Indian economy and politicos have got positive affirmation by the Moody's Investors Service as they have affirmed the Government of India's Baa3 issuer and senior unsecured ratings. They also changed the outlook to positive from stable, which can attract the investors and international firms. They have also affirmed the affirmed India's P-3 short-term local currency issuer rating.

The affirmations would drive India’s growth to continue to go high, and the macro-economic situation would meet the targets fixed by the new government of India, who are on mainstream of reformations in the economic processes.

The forecasts and ratings might have come from favourable demographics, economic diversity, increased savings and investment altogether. The weakened global commodity prices and stability in Indian exports also encouraged India’s outlook.

The Baa3 rating incorporates the risk that higher levels of growth and infrastructure development will be accompanied by higher leverage. The financial strength over coming years would be high as expected by the government and the rating agencies if the investment trend continues. The reforms aided the growth predictions and hope.

-Kannamsai