Moody's maintains stable outlook on Indian banks
Moody’s said as strong data in the second half of 2022 created large carry-over effects for 2023, India’s growth projection has been “meaningfully raised”.
Moody's ups India's growth projection for 2023 to 5.5 per cent on higher capex Budget
Moody's said India's growth projection has been "meaningfully raised" as strong data in the second half of 2022 created large carry-over effects for 2023.
Adani group stocks slide in morning trade, Adani Enterprises falls more than 4 per cent
In the morning session, the 30-share BSE Sensex was trading 393.56 points or 0.65 per cent lower at 60,289.14 points.
Most rated Indian companies can withstand weaker rupee: Moody's
A steady rise in interest rates in developed economies combined with higher energy prices has resulted in a widening current account deficit, pressuring the rupee.
India's growth could slow down next year: Moody's
In the APAC region as a whole, the report noted that economic growth is slowing down.
India's fiscal consolidation trend intact; to see strong revenues, debt stabilisation: Moody's
Moody's had earlier this month cut India's growth projection for 2022 to 7 per cent, from 7.7 per cent projected earlier.
Moody's accords negative credit outlook to countries on high prices, slowing growth
Global GDP growth will slow to 1.7 per cent in 2023, from 3 per cent in 2022 as higher prices and tighter monetary policy hurt consumer spending, investment and economic sentiment.
Kumble calls for separate Indian teams in Test and white-ball cricket
England's roaring success in ODIs and T20Is has ignited the debate for different teams and coaches in white and red-ball cricket.
Moody's cuts India's growth projection for 2022 to 7 per cent on global slowdown, rising rates
Moody's expects growth to decelerate to 4.8 per cent in 2023 and then to rise to around 6.4 per cent in 2024.
iPhone 14 manufacturing in India shows maturity of Apple's India production capabilities: Moody's
The iPhone 14 will be shipped from Foxconn's Sriperumbudur facility on the outskirts of Chennai. Foxconn is the world's largest contract electronics manufacturer and major iPhone assembler.
Moody’s retains India rating with stable outlook
It sees India’s debt burden stabilising around 80% of the GDP, which is still higher than similarly-rated countries.
Moody's slashes India's economic growth forecast to 7.7 per cent for 2022
Rising interest rates, uneven monsoon, and slowing global growth will dampen economic momentum on a sequential basis, it said.
Sri Lanka way? Moody's, Fitch and S&P downgrade Pakistan's rating
Pakistan has a weak external position, high commodity prices, and is witnessing a huge slump in its currency in comparision to the US Dollar.
India to ramp up coal output to reduce dependence on imports: Moody's Investors Service
The government has recently mandated CIL to import coal as an emergency measure to avoid a shortage of coal for the country's power utilities and build up buffer stock
Moody's slashes Indian economy growth forecast to 8.8 per cent for 2022
In its update to Global Macro Outlook 2022-23, Moody's said high-frequency data suggest that the growth momentum from December quarter 2021 carried through into the first four months this year.
Prolonged high temperatures could worsen inflation, hurt growth in India: Moody's
The Indian government has revised its estimates for wheat production by 5.4 per cent to 105 million tonnes for the crop year ending June 2022, given lower yields amid higher temperatures.
India's steel exports to remain strong in coming months: Moody's
Moody's also expects the domestic steel demand to grow by around 10 per cent through 2022 amid the government's continued focus on the construction of roads, railways, ports and airports.
Why change something that's working: Moody happy to continue with Williamson as opener
Skipper Williamson is enduring a wretched run in this season of the IPL. The Kiwi has collected just 208 runs from 12 games at an average of 18.92.
Washington Sundar injured his right hand again: Sunrisers Hyderabad coach Tom Moody
Washington, who made a comeback in the game against the Gujarat Titans after missing three matches due to split webbing in his bowling hand, re-injured the same area while fielding against CSK.
Debt-ridden Pakistan's policy continuity in doubt, says Moody's Investors Service
The GDP growth forecast is based on expectations of a reform agenda and the China-Pakistan Economic Corridor (CPEC) helps boost economic growth.
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