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International rating agency Moodys Investors Service on Tuesday warned that weak growth prospects for India will complicate the governments fiscal consolidation efforts, weighing on the sovereigns credit quality.

Fiscal challenges continue: Moody's

The infrastructure sector, property developers, some domestic producers and securitization transactions.

10 July 2019 3:06 AM IST

Reliance Industries limited

Moody's says Reliance stake sale to Aramco credit positive

RIL also entered a deal with BP to sell 49 pc stake in its fuel marketing business in India for USD 1 billion.

14 Aug 2019 11:51 AM IST

International rating agency Moodys Investors Service on Tuesday warned that weak growth prospects for India will complicate the governments fiscal consolidation efforts, weighing on the sovereigns credit quality.

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

On Friday, the Centre announced a reduction in the base corporation tax rate to 22 per cent from 30 per cent.

21 Sept 2019 1:16 PM IST

International rating agency Moodys Investors Service on Tuesday warned that weak growth prospects for India will complicate the governments fiscal consolidation efforts, weighing on the sovereigns credit quality.

RBI mandate on floating rate benchmark rates is credit negative for...

This is credit negative for India's banks as it will limit their flexibility in managing interest rate risk, Moody's...

10 Sept 2019 2:12 PM IST

Shares of Yes Bank jumped 35 per cent before closing with gains of 24 per cent after the lender informed the exchanges that it has received a $1.2 billion binding offer (around Rs 8500 crore) from a global investor. The bank is yet to consider the offer, it said.

Moody's places Yes Bank's ratings under review; direction uncertain

Moody's has downgraded Yes Bank's Baseline Credit Assessment (BCA) and adjusted BCA to caa2 from b3.

17 Jan 2020 12:22 PM IST

Representational image (ANI photo)

Moody's revises India GDP forecast to 5.4 pc in 2020

Banks have been both unwilling to lend and to lower lending rates despite successive interest rate cuts by the central...

17 Feb 2020 12:07 PM IST

Congress leader Rahul Gandhi. (PTI Photo)

Moody's rated Modi's handling of economy a step above junk, says Rahul...

He said lack of support to the poor and small and medium industry indicates that the worst is yet to come

2 Jun 2020 3:33 PM IST

Moodys base case assumes a sharp contraction in the Indian economy in fiscal 2021 before returning to modest growth in fiscal 2021. (PTI Photo)

Public sector banks will need Rs 2.1 lakh crore to plug capital...

Moody's base case assumes a sharp contraction in the Indian economy in fiscal 2021 before returning to modest growth in...

21 Aug 2020 2:06 PM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

High operating profit to help ONGC cut borrowings, says Moody's

ONGC reported 47.2 per cent increase in EBITDA or operating profit to Rs 14,240 crore.

6 Aug 2018 1:56 PM IST

Moodys Investors Service

India to grow at '7.5 per cent' in 2018, says Moody's

Moody's said RBI in July raised the benchmark repo rate by 25 basis points for the second time in two months to 6.5 per...

24 Aug 2018 12:41 AM IST

Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)

Govt aid will give capital relief to banks, but stress will remain:...

The government plans to provide Rs 65,000 crore of new capital for public sector banks.

21 Aug 2018 2:11 PM IST

Moodys upgrading Indias sovereign credit rating is a recognition of a series of reforms undertaken by the government, Commerce and Industry Minister Suresh Prabhu said on Friday. (Photo: AFP)

India may breach 3.3 pc fiscal deficit target as oil prices rise:...

Moody's expects the current account deficit to widen to 2.5 per cent of GDP.

29 Aug 2018 2:58 PM IST