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  Moody's changes US credit outlook to 'negative' in another blow to Biden ahead of poll year

  World | November 11, 2023 11:09 IST

  A lower rating on US debt could cost taxpayers if it leads borrowers to demand higher interest rates on Treasury bills and notes.

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  Moody's flags fiscal slippage risks, projects India's GDP growth at 6-6.3 per cent in June quarter

  Business | June 11, 2023 19:11 IST

  Gene Fang, Associate Managing Director of Moody's Investors Service, stated in an interview with PTI that India's general government debt will be approximately 81.8% of GDP in 2022 and 23 and that the country will have low debt affordability.

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  'India GDP will be fastest-growing economy over next few years, but bureaucracy...': Moody's report

  Business | May 23, 2023 22:41 IST

  It said despite the economy's strong potential, there is a risk that the pace of investment in India's manufacturing and infrastructure sectors could slow because of limited economic liberalization or slower policy implementation.

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  Moody's slashes India's economic growth forecast to 7.7% for 2022

  Business | September 01, 2022 13:43 IST

  Business news updates: This is a sharp 1.1 percentage points cut from the growth projection of 8.8 per cent for current year made in May by Moody's.

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  Moody's slashes 2022 India growth estimate to 9.1%

  Business | March 17, 2022 13:55 IST

  In its Global Macro Outlook 2022-23 (March 2022 Update) titled: Economic Growth will suffer as fallout from Russia's invasion of Ukraine builds, the rating agency said that India's growth is likely to be 5.4 per cent in 2023.

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  Moody's pegs India GDP growth at 9.3% in FY22

  Business | June 01, 2021 12:25 IST

  "We expect a decline in economic activity in the April-June quarter, followed by a rebound, resulting in real, inflation-adjusted GDP growth of 9.3 per cent in the fiscal year ending March 2022 and 7. 9 per cent in fiscal 2022-23," Moody’s Investors Service said

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  GDP still likely to grow in double digits during 2021: Moody's

  Business | April 14, 2021 12:46 IST

  GDP is still likely to grow in the double digits in 2021 given the low level of activity in 2020 according to Moody's Investors Service.

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  IndiaEs inflation uncomfortably high: Moody's Analytics

  Business | March 30, 2021 13:59 IST

  IndiaEs inflation trend is uncomfortably high which will restrict the Reserve Bank's ability to offer further rate cuts, Moody's Analytics said.

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  Reliance Ebitda back to pre-pandemic levels driven by consumer businesses: Moody's

  Business | January 25, 2021 16:10 IST

  Billionaire Mukesh Ambani's Reliance Industries Ltd (RIL) has seen pre-tax profit recover to pre-pandemic levels on the back of continued growth in consumer businesses, Moody's Investors Service said on Monday. 

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  Merger with LVB to strengthen DBS Bank's India business: Moody's

  Business | November 18, 2020 19:06 IST

  Moody's Investors Service on Wednesday said Singapore's DBS Bank will strengthen its India business following merger with troubled Lakshmi Vilas Bank.

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  India’s second round of stimulus to provide limited support to growth: Moody's

  Business | October 15, 2020 15:00 IST

  After a long clamour for fiscal stimulus, the government had on October 12 come up with measures with direct fiscal support to people and states and to generate demand.

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  Bank shares tank after Moody's changes outlook on Indian banks to negative; RBL, Kotak, top losers

  Business | April 03, 2020 13:17 IST

  Bank shares on Friday dropped up to 15 per cent after Moody''s Investors Service changed the outlook for Indian banking system to negative from stable.

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  Moody's downgrades Vedanta Resources' corporate family rating

  Business | March 03, 2020 22:06 IST

  Moody's Investors Service on Tuesday said it has downgraded Vedanta Resources Limited's (Vedanta) corporate family rating (CFR). The rating was downgraded to B1 from Ba3.

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  Potential payment of past-due fees weighs on Bharti Airtel's credit profile

  Business | December 03, 2019 17:18 IST

  Potential payment of past due fees weighs on the credit profile of Bharti Airtel Ltd despite spectrum moratorium and price hikes, it said.

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  Challenges ahead for most Indian non-financial companies in 2020: Moody's

  Business | November 28, 2019 11:54 IST

  "Rated companies’ credit profiles are unlikely to improve significantly over 2020-2021 due to elevated debt levels, weakening profitability and the continued economic slowdown, which is pressuring both investment and consumption," Kaustubh Chaubal, a Moody’s Vice President and Senior Credit Officer said.

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  Moody's cuts India GDP growth forecast to 5.8% for FY'20

  Business | October 10, 2019 14:25 IST

  Moody's attributed the deceleration to an investment-led slowdown that has broadened into consumption, driven by financial stress among rural households and weak job creation.

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  Corporate tax cut positive but growth faces headwinds: Moody's

  Business | September 21, 2019 14:15 IST

  On Friday, the Centre announced a reduction in the base corporation tax rate to 22 per cent from 30 per cent as part of stimulus measures to revive slowing economic growth.

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  Vedanta Resources to be taken private by Chairman Anil Agarwal on October 1

  Business | September 04, 2018 7:58 IST

  Vedanta will need approval for waivers from its lenders prior to delisting, as it has a requirement under its bank loans to remain listed.

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  Moody's slashes India's GDP forecast from 7.5% to 7.3% for 2018

  Business | May 30, 2018 18:28 IST

  The agency said that the GDP forecast has been cut down due to higher oil prices and tighter financial conditions.

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  Moody's sees no material impact of slippage in fiscal deficit

  Business | February 05, 2018 11:14 IST

  The government has revised its 2018-19 fiscal deficit projections to 3.3 per cent of GDP and for the current fiscal to 3.5 per cent of GDP, against original targets of 3 per cent and 3.2 per cent, respectively.