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Dr Rajiv Kumar was declared as the new Vice Chairman of Niti Aayog.

Business

India's rating upgrade reflects growth story: NITI Aayog

Moody's upgraded India's sovereign rating after a gap of 13 years to Baa2.

17 Nov 2017 7:47 AM GMT

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

Business

Bank stocks surge up to 6 pc as Moody's ups India rating

The broader market also cheered the news as the BSE Sensex jumped 331.72 points to trade at 33,438.54.

17 Nov 2017 6:47 AM GMT

The agency also said that these firms have limited ability to incur fresh debt at their current rating levels.

Business

Buybacks to hit IT firms' future

Moody's, however, said that the global IT services industry is set to grow strongly over the next 18-24 months.

17 Oct 2018 7:41 PM GMT

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Business

Easing capital rules get flak

Moody's said that the track record of such dispensations on asset classification, when seen over the last few years in...

20 Nov 2018 10:25 PM GMT

However, HFCs operating in the affordable housing space, with a total portfolio of Rs 1.2 lakh crore, continued to grow at a faster pace of 28 per cent in FY17 compared to the industry.

Business

Affordable home-loans next threat to banks: Moody's-Icra report

Gross-nonperforming assets in the affordable housing segment have inched up to 1.8 per cent as of Sept 2017.

9 Jan 2018 4:15 AM GMT

$Moodys Investors Service on Monday termed mining giant Vedantas acquisition of bankrupt Electrosteel Steels through insolvency process as \credit positive\, saying the move would augment the formers business profile and revenue generation.$ Business