Inflation and slow growth decrease rating

Global rating agency Moody's warned that India is once again lowering the rating . Moody 's Baa 3 rating with Stable Outlook Currently, India has given .
Moody's says that the growth of the Indian economy in the second half of 2014 are expected to remain sluggish . Besides inflation to remain high and to increase government spending cuts expected in the ratings go up.




The general election will be the economy dose
Moody's said that next year the growth rate can affect the outcome of the general election . It would , however, impact on results and policy environment . In the first half of the current fiscal year, India's economic growth rate is 4.6 per cent . The government expects that the growth rate will increase in the second half , the full financial year will grow by five per cent . Inflation still remains a cause of concern . Seven per cent in October, inflation based on wholesale prices and retail prices is at 10.09 per cent .