Moody's credit rating: Why it matters to govts around world
The company ranks the creditworthiness of borrowers using a standardized ratings scale which measures expected investor loss in the event of default. Moody's Investors Service rates debt securities in several bond market segments.
Nov 17, 2017, 12:07 PM ISTGovt welcomes Moody's rating upgrade move, says investment revival is on priority list
Chief Economic Adviser Arvind Subramanian said that the government will do what it has to do on domestic front, jobs growth and investment revival.
Nov 17, 2017, 10:38 AM ISTS&P cuts Volkswagen's credit rating after scandal
VW has already said it will set aside 6.5 billion euros (USD 7.4 billion) in provisions in the third quarter.
Oct 12, 2015, 20:31 PM ISTMoody`s pushes Puerto Rico debt deep into junk status
Ratings company Moody`s on Tuesday slashed Puerto Rico`s debt rating by three notches into even deeper junk status after the US territory passed a debt-restructuring law.
Jul 02, 2014, 03:30 AM IST