India dismisses global rating agency Moody's report

India has dismissed international rating agency Moody's report which suggested Prime Minister Narendra Modi should keep the ruling Bharatiya Janata Party members in check.

"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 Wednesday.

"The government notes with distress that the personal opinion of a junior analyst was passed off as a commentary on India by a rating agency by the media to buttress the narrative it wants to portray."

The report came out last Friday and urged Modi to keep his party members in check or risk losing domestic and global credibility. Endit