Budget 2026 'tactical', not 'breakthrough', Moody's Ratings says
Published on: Feb. 1, 2026, 2:33 p.m. | Source: The Economic Times
Moody's Ratings described India's annual federal budget as tactical rather than a breakthrough. While planned fiscal consolidation will narrow the budget gap, it won't alter India's credit profile, as the deficit remains wider than pre-Covid levels. The agency affirmed India's stable outlook last year, citing economic strength and domestic funding.
