Ukraine war, inflation, rate hike unlikely to derail Indian economy: Moody's
Moody's retains its sovereign rating for India at Baa3 with a stable outlook.
moody s
September 2022
July 2022
May 2022
March 2022
October 2021
May 2021
February 2021
June 2020
December 2019
Moody's cuts India's GDP growth forecast to 7.7% in 2022
This is the third cut in India's GDP growth forecast by Moody's this year.
Govt to earn ₹95,129 cr from windfall gain taxes on fuel: Moody’s
Centre has imposed special additional excise duty of ₹6/litre on petrol export and ₹13/litre on diesel export. Special additional excise duty of ₹6 per litre was also imposed on ATF export too
Moody’s slashes India’s 2022 growth forecast to 8.8%
Moody’s cautioned that growing inflation and rate hikes to control it will impede India’s demand recovery momentum.
Fitch, Moody’s downgrade Russia to junk status as sanctions rise
Moody's lowered Russia's credit rating by six notches to ‘B3’ from ‘Baa3’, while Fitch downgraded to 'B' from 'BBB' amid rising macro-financial stability risks in wake of international sanctions.
Fight is on against Covid, don't lower guard: PM Modi
Prime minister says world is looking at the Indian economy with a lot of optimism.
Second wave takes the wind out of India’s GDP sails
International rating agencies, brokerages, and economists have slashed their projections on India’s economic growth. The RBI said the duration of the second wave is the biggest risk to the outlook.
India out of technical recession in third quarter
As expected, the economy staged a turnaround in the third quarter of FY21 with a GDP growth figure of 0.4%. The stage is now set for a big rebound in FY22.
Moody’s India downgrade is not unexpected: BofA Securities
While the rating agency downgraded India’s sovereign rating, BofA Securities’ economists see the present downturn as cyclical rather than structural; say fiscal stimulus is critical for recovery.
YES Bank shares tumble after Moody’s downgrade
Trouble hit the private lender once again after ratings agency Moody’s cut the bank’s credit rating and assigned a negative outlook to the company. YES Bank shares dived 10% on the BSE on Friday .
