Moody's Warning! Water Shortage May lead to India Downgrade

Published On: June 26, 2024 - Moody's Ratings has issued a warning to India. If the severe water crisis that the country is facing this sweltering summer is not resolved, it could pose a significant threat to the country's economic stability. Moody's currently rates India at 'Baa3,' which is the lowest investment grade rating assigned by the agency.