Moody’s on Monday slashed India’s growth forecast for 2020 to 5.4 per cent from 6.6 per cent projected earlier, on slower than expected economic recovery.In its update on Global Macro Outlook, Moo...
Moody's Investors Service on Thursday slashed its 2019-20 GDP growth forecast for India to 5.8 per cent from 6.2 per cent earlier, saying the economy was experiencing a pronounced slowdown which is pa...
Shares of Yes Bank continued to rally for the fourth consecutive day on Wednesday, sharply rising by 50 per cent after SBI chairman said the bank was keel to to up stake to 49 per cent in the pr...
Amid a shortfall in revenue and the need for more public spending, newly elected CII president Uday Kotak said India needs to maintain financial and fiscal stability even as fiscal deficit will inevit...
Congress leader Rahul Gandhi on Tuesday voiced concern over the state of India's economy, saying global rating agency Moody's has termed its handling by Prime Minister Narendra Modi 'a step above junk...
The government plans to come out with another round of Bharat 22 ETF next month, which along with the acquisition of Rural Electrification Corporation (REC) by Power Finance Corporation (PFC), will he...
Moody’s Investors Service on Monday has lowered its GDP growth projection for the 2019-20 fiscal to 4.9 per cent from 5.8 per cent. The rating agency said India’s weak household consumption will c...
Moody's Investors Service on Tuesday said the measures announced by the government for financial institutions as part of Rs 20 lakh crore-economic package will help ease their asset risk, but will not...
Moody’s Investors Service (Moody’s) has placed on review the ratings of Bharti Airtel for a downgrade. Bharti Airtel now has a Baa3 rating, which is the lowest investment grade from Moody’s. The...
Moody’s Investors Service on Thursday changed the outlook for the Indian banking system to negative from stable as it expects a deterioration in the asset quality of banks because of the disruption ...