Tag: Moody

Moody's revises global banking outlook to 'stable' from 'negative'
Posted in Economy

Moody’s revises global banking outlook to ‘stable’ from ‘negative’

Moody’s has changed its global banking outlook from ‘negative’ to ‘stable,’ noting that steady economic growth along with lower interest rates are likely to create…

Continue Reading
The Moody's Corp. headquarters in New York, US, on Tuesday, Aug. 27, 2024. Moody's Corporation is a credit rating, research, and risk analysis firm(Jeenah Moon/Bloomberg)
Posted in Business

‘Indian economy is in a sweet spot’: Moody’s forecasts 7.2% growth for India in 2024

Nov 18, 2024 10:55 AM IST Moody’s has forecasted a 7.2% growth rate for the Indian economy in 2024 due to a rebound in household…

Continue Reading
Inside Image (1).
Posted in Economy

Cocktail of growth, inflation to bring 7.2% GDP high: Moody’s

The Indian economy is in a sweet spot with a combination of robust growth and easing inflation, said Moody’s Ratings while forecasting a 7.2% GDP…

Continue Reading
India's fast growing economy, large population to drive carbon-intensive product demand: Moody's
Posted in Economy

India’s fast growing economy, large population to drive carbon-intensive product demand: Moody’s

Moody’s Ratings on Thursday said India has made rapid progress building its renewables capacity, but its fast-growing economy and expanding population will drive up carbon-intensive…

Continue Reading
Indian pharma, electronics industries poised to gain from US investment restrictions in China
Posted in Economy

Indian pharma, electronics industries poised to gain from US investment restrictions in China

India stands to benefit from the US further restricting investments into strategic sectors in China, thereby reducing global companies’ exposure in that country, Moody’s Ratings…

Continue Reading
India's growth story brightens: Moody's boosts GDP forecast to 7.2% for 2024
Posted in Economy

India’s growth story brightens: Moody’s boosts GDP forecast to 7.2% for 2024

Moody’s has raised its real GDP growth projections for India on Thursday expecting a robust 7.2% growth in 2024 (up from 6.8%) and 6.6% in…

Continue Reading
India expects Moody's to upgrade sovereign rating as indicators propel growth view, Fin Min official says
Posted in Economy

India expects Moody’s to upgrade sovereign rating as indicators propel growth view, Fin Min official says

India expects global rating agency Moody’s to upgrade the sovereign ratings of the Asian nation that is stuck in the lowest-possible investment grade, a finance…

Continue Reading
India's debt burden likely to decline, key determinant of fiscal strength will be affordability: Moody's
Posted in Economy

India’s debt burden likely to decline, key determinant of fiscal strength will be affordability: Moody’s

Moody’s Investors Service on Thursday said the key determinant of India’s fiscal strength and the credit profile will be debt affordability and projected a downward…

Continue Reading
Net NPAs on course to fall to decadal best this fiscal: Report
Posted in Economy

Net NPAs on course to fall to decadal best this fiscal: Report

The banking sector is on course to report the best asset quality in over a decade this fiscal, with headline gross NPAs and net NPAs…

Continue Reading
Indian Economy: Moody's flags high government debt and fiscal slippage risks for Indian economy
Posted in Economy

Indian Economy: Moody’s flags high government debt and fiscal slippage risks for Indian economy

Ratings agency Moody’s in an interview on Sunday flagged risks of fiscal slippage arising from weaker-than-expected government revenues in the current fiscal. In an interview…

Continue Reading