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Moody’s Ratings

Moody’s to Review Adani Group’s Governance Following Bribery Allegations

Leave a Comment / By / Governance Community

Global credit rating agency Moody’s has announced a governance review of the Adani Group following allegations of bribery against its chairman Gautam Adani and other senior officials. U.S. prosecutors have accused the billionaire and his associates of orchestrating a scheme to pay over $250 million (approximately ₹2,100 crore) in bribes to Indian officials for favorable …

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Weakened Modi Government Faces Challenges in Fiscal Consolidation

Leave a Comment / By / Blogs

Can a weakened Narendra Modi government continue its work of narrowing the fiscal gap, which it has been able to do in recent years? Economists say it is doable, but perhaps not at the pace the government would have preferred. Following exit polls, analysts were optimistic about the Indian economy’s fiscal deficit coming down to …

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