UPDATE 1-Moody's upgrades India rating outlook to positive

April 9, 2015 3:20 AM

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MUMBAI, April 9 (Reuters) - Moody's ratings revised India's sovereign rating outlook to "positive" from "stable" on Thursday as it expects the actions by policymakers will enhance the country's economic strength in the medium term.

Moody's also said that it expected structural advantages, supported by relatively benign commodity prices and liquidity conditions globally, will keep India's growth above its peers over the rating horizon. (bit.ly/1GqJyzY)

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