International economic rating agency Moody's today said that India's rating outlook is stable because of the country's strong economic growth along with high savings and investment rates. In its Credit Analysis on India report, the agency said, India's Baa3 rating and stable outlook are supported by credit strengths which include a large, diverse economy, strong GDP growth and savings, and investment rates that exceed emerging market averages.Our Correspondent reports, the government aims to restrict the fiscal deficit to 5.3 per cent of GDP this fiscal. It has also announced a slew of measures to spur infrastructure development and liberalised foreign direct investment norms. The agency said its stable outlook on India's rating is based on expectations that India's structural strengths high household savings rate and relatively competitive private sector will ultimately raise the GDP growth ratefrom around 5.4 per cent in financial year 2013 to 6 per cent or higher in financial year 2014.