You are here: Home » Economy & Policy » News
Flavoured milk to draw 12% GST: Gujarat-based Authority for Advance Rulings
IOC to buy Guyanese crude as India doubles up on cutting Opec dependence
Business Standard

India fiscal health weak for quantitative easing, says Moody's

India is among the 11 emerging markets (EMs) that have jumped on the QE bandwagon

Topics
Indian Economy | Fiscal health | Moody's

Anup Roy  |  Mumbai 



economy, fiscal
But it has one of the highest public debts and weakest debt affordability, global rating agency Moody’s said on Wednesday

A quantitative easing (QE) programme by the (RBI) may not go well with the country’s fundamentals, even as it bought Rs 3.13 trillion of debt from the secondary market in the last fiscal year and committed to Rs 1 trillion of bond purchase in the first quarter.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Thu, April 15 2021. 01:36 IST

RECOMMENDED FOR YOU

.