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We have witnessed a slew of depressing data about
Indian economy in the last three months. Pick any
macroeconomic data and you are bound to get a
negative feeling about economy and uncertain
future. Fitch and S&P revised India’s credit rating
outlook to negative from stable whereas Moody’s
reaffirmed credit rating outlook to stable.Future
looks quite uncertain and direction will depend upon
supporting policies by political class.
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