Oil risks rise, but Moody's sees India holding firm
- Posted on June 29, 2026
- By Business News Today
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- 1 min read
Oil risks rise, but Moody's sees India holding firm
Moody's Ratings believes India can manage a wider fiscal deficit this year without jeopardizing its investment-grade credit rating. Despite elevated oil prices posing risks, the agency views their impact as temporary and trusts New Delhi's commitment to fiscal consolidation. While high debt servicing remains a concern, Moody's remains confident in India's steady financial improvement and conservative fiscal path.
