Moodys Investors Service Moodys
Business  /  Published 02.06.21

SBI slashes growth forecast

SBI has come out with its Ecowrap report in which it has slashed its 2021-22 GDP growth forecast to 7.9 per cent from 10.4 per cent earlier. However, it imparted an "upward bias” to the nu...
By Our Special Correspondent in Mumbai

Business  /  Published 18.05.21

More stimulus measures in the works

The Modi government is mulling another round of stimulus measures, which could include direct benefit transfer, higher infrastructure spending, including speeding up the implementation of the National...
By R. Suryamurthy in New Delhi

Business  /  Published 15.05.21

Questions on investment grade rating

India’s devastating Covid-19 crisis is making investors question more than ever whether after years of debt accumulation and patchy progress on reforms, a country touted as a future economic sup...
By Reuters in New York

Business  /  Published 14.05.21

GVA loss seen at Rs 1.25trn

Brokerages continue to prune their growth estimates for India as the second wave of Covid-19 ravages the country and the vaccination process is proceeding at a disappointing pace. According to a repo...
By Our Special Correspondent in Mumbai

Business  /  Published 12.05.21

Moody's trims growth to 9.3%

Moody’s Investor Service on Tuesday has lowered its growth forecast for India in the current fiscal to 9.3 per cent from 13.7 per cent because of the second wave of the coronavirus running amock...
By Our Special Correspondent in New Delhi


Business  /  Published 04.02.21

Moody’s alert on deficit

Rating agency Moody’s on Wednesday said India's fiscal deficit projections were higher than expected and slower consolidation would constrain its fiscal strength over the medium term. India...
By PTI in New Delhi

Business  /  Published 20.11.20

Moody’s new forecast

Moody’s Investors Service on Thursday said the economy would contract 10.6 per cent this fiscal against its earlier forecast of 11.5 per cent contraction as the Centre’s stimulus measures ...
By Our Correspondent in New Delhi

Business  /  Published 13.11.20

Moody’s alters GDP forecast

Moody’s Investor Service (Moody’s) has revised upwards its GDP forecast for India to an 8.9 per cent contraction in 2020 from a 9.6 per cent contraction forecast earlier as the economy inc...
By Our Special Correspondent in Mumbai

Business  /  Published 21.10.20

Vedanta Resources rating heat

Moody’s Investors Service on Tuesday placed Vedanta Resources Limited’s rating under review for downgrade following its failure to delist the Indian listed subsidiary. Moody’s place...
By PTI in New Delhi

Business  /  Published 12.09.20

Moody’s sees 11.5% contraction

Domestic rating agency CARE Ratings said the economy is likely to shrink 8-8.2 per cent in the current financial year compared with a decline of 6.4 per cent it had projected earlier. ...
By PTI in New Delhi


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