Moody's Investors slashes India's growth forecast for 2021 to 9.6 per cent from 13.9 per cent

Moody's said that the 10 states that have been hardest hit by the second wave collectively account for more than 60 per cent of the pre-pandemic level of India's GDP.

published on : 23rd June 2021

Conflict in Israel has limited economic implications: Moody's Investors

Moody's said that the violence risks further complicating efforts to assemble a stable majority coalition government which will have negative implications.

published on : 24th May 2021

Second Covid wave poses credit-negative threat: Moody’s

As per official estimates, the Indian economy contracted 8 per cent in 2020-21 fiscal year, which ended on March 31, 2021.

published on : 13th April 2021

Moody's revises Tata Steel outlook to stable from negative

Its profitability has steadily improved to its 10-year high of Rs 18,948 EBITDA/tonne during the third quarter of FY21, from Rs 4,969 in the first quarter.

published on : 1st April 2021

Spectrum buys to bolster telecom firms' market position: Moody's Investors Service

Some telcos have large cash holdings while others recently raised debt to fund the purchases, there will not be a significant impact on their balance sheets particularly.

published on : 5th March 2021

Moody's projects 13.7 per cent growth in FY'22, expects 7 per cent contraction this fiscal

For current fiscal, the US-based rating agency expects the economy to contract 7 per cent, lower than its previous estimate of 10.6 per cent contraction.

published on : 25th February 2021

Moody's expresses doubts on higher revenue targets from tax, divestment

The Fiscal Responsibility and Budget Management Act will also be amended to achieve a fiscal deficit of 4.5 per cent of GDP by 2025-26 only.

published on : 1st February 2021

Moody's assigns provisional Baa3 rating to Adani International Container Terminal bonds

The provisional Baa3 rating also benefits from AICTPL's strong and committed shareholders as well as the bond's fully amortising fixed-cost debt structure.

published on : 11th December 2020