India’s rising water stress can dent its sovereign credit profile: Moody’s Ratings
Photo used for representation purpose only. | Photo Credit: Reuters Moody’s Ratings warned on June 25 that India’s growing water shortage and increasingly frequent climate change-driven natural disasters, amid a rise in consumption and rapid economic growth, can negatively affect the country’s sovereign credit strength. Currently rated Baa3 stable by Moody’s, which denotes the lowest…
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