Wednesday, November 4, 2015

Government dismisses Moody's report, calls it opinion of junior analyst

NEW DELHI: Government today dismissed a recent report quoted to Moody's Analytics, saying it was the personal opinion of a junior analyst which was passed off as a commentary on India by a rating agency "by the media to buttress the narrative it wants to portray." "It is with regret the Government of India notes the irresponsible and distorted reporting by certain sections of the Indian media on what was the personal opinion of a Junior Associate Economist employed with Moody's Analytics," an official release said. The Economic Times Photo