New Delhi: Ratings agency Moody's expects India's GDP to grow at 5.3 per cent in the July-September quarter of the current fiscal, better than 4.8 per cent clocked in the year-ago period.It said the general
Mumbai: Rating agency Moody's on Thursday said the recent reform measures by the government coupled with those unveiled by the Reserve Bank on the economic, fiscal and financial fronts, are credit positive as they will
Mumbai: Global rating agency Moody's Investors Service on Monday said it has withdrawn the 'Baa3' insurance financial strength rating of the Life Insurance Corporation (LIC)."We have withdrawn the rating on LIC for our own business
New Delhi: Rating agency Moody's expects the GDP to grow at 5.1 per cent in the first quarter (April-June) of current fiscal, better than 4.7 per cent clocked a year ago."The Indian economy likely accelerated
Mumbai: A fragmented government of smaller parties will be the “biggest threat” to the country's credit quality, according to international rating agency Moody's.“History has often revealed election outcomes to be quite different from poll data,
Mumbai: The country's banking system is well-positioned to cope with the financial impact of the reduction in monetary stimulus by the US Federal Reserve and the resultant rise in interest rates, according to global rating
Mumbai: International rating agency Moody's on Monday maintained its negative outlook on the country's banking sector, citing worries over asset quality and overall economic growth prospects."The negative outlook reflects our views that economic growth will
New Delhi: The S&P BSE Sensex snapped four weeks of gaining spree, dropping sharply on profit-bookings and concerns that RBI would hike rates further to curb high inflation.After riding high on the back of a
Mumbai: Two international rating agencies - Moody's and Fitch - have downgraded debt ratings of India's top three public-sector banks - State Bank of India, Bank of Baroda and Punjab National Bank - citing worsening
New Delhi: Moody's Investors Service has downgraded subordinated debt ratings of 11 Indian banks, including SBI, ICICI Bank and HDFC Bank.The subordinated debt and junior subordinated debt ratings of eight public sector banks and three
New Delhi, July 18: The rupee fall may constrain country's sovereign credit rating, as it will "exacerbate inflationary and fiscal pressures", even though forex currency denominated debt is only around 6% of total government debt,
New Delhi, May 7: The finance ministry has told global rating agency Moody's that though the economic picture is not fully rosy, India's growth story is credible and the government is taking steps to deal
New Delhi, Jan 20: Retaining India's credit rating at the existing level, global agency Moody's has cautioned that a high fiscal deficit could pull down the growth in the coming years."Large government deficits and debt
New Delhi, Dec 11: Withdrawal of support to government by an 'obstinate coalition partner' and flurry of reforms have improved India's growth prospects in 2013, said global rating agency Moody's on Tuesday."...(growth prospects have improved)
New Delhi, Nov 27: Moody's today said India rating outlook is stable because of the country's strong economic growth along with high savings and investment rates. "India's Baa3 rating and stable outlook are supported by credit
New Delhi, Jun 25: Global agency Moody's today retained outlook on India's rating at stable despite slowdown in GDP growth rate saying that it is unlikely to be even a medium-term feature.Moody's Investors Service in
New Delhi, Jun 14: Global financial services firm Moody's today said Indian economy is facing stagflation, where growth is slow and inflation high, and cautioned that the Reserve Bank cannot be too aggressive in cutting
New Delhi, Apr 26: A day after slamming the government for its tardy attitude, Congress' first family has come under criticism by Moody's Analytics for failing to restart the legislative process for reforms, accusing it
New Delhi, Dec 21: Global agency Moody's today upgraded the credit rating of Indian government's bonds from speculative to investment grade, a move that could encourage FIIs to increase their exposure in gilts and help
New Delhi, Nov 14: India today told global rating agency Moody's that it deserves higher rating, at least two notches above the present grade, on the back of improvement in basic economic parameters witnessed in
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