Moody's

Water Shortage Detrimental To India's Credit Health; May Spark Social Unrest: Moody's

India is facing a growing water shortage as water consumption increases amid rapid economic growth and increasingly frequent natural disasters due to climate change, Moody's said in a report on environmental risk facing India.

Jun 25, 2024, 11:46 AM IST

India To Remain Asia-Pacific's Fastest Growing Economy In 2024: Moody’s

A stronger economic growth prospect has been propelled by a good show in the Lok Sabha elections, that has led to Moody's analysis of a uptick in the economy.

Jun 14, 2024, 14:57 PM IST

US Stocks Sink As Moody's Warns It Could Cut Credit Ratings Of 6 Big Banks

A lower credit rating could push funding costs for those banks even higher.

Aug 09, 2023, 07:29 AM IST

Moody's Ups India's Growth Projection For 2023 To 5.5% On Higher Capex Budget

In its February update to Global Macro Outlook 2023-24, Moody's raised the baseline 2023 real growth projections "meaningfully" for several G20 economies, including the US, Canada, the Euro area, India, Russia, Mexico, and Turkiye, accounting for a stronger end to 2022.

Mar 01, 2023, 14:08 PM IST

Adani-Hindenburg Saga: Global Firm Moody's Cuts Rating Outlook of Four Adani Companies from 'Stable' to 'Negative'

Adani group companies have lost USD 100 billion in market value since the US short-seller Hindenburg Research came out with a damning report alleging fraud at the conglomerate helmed by Gautam Adani.

Feb 11, 2023, 08:04 AM IST

PT5M19S

Moody's made a big claim regarding Adani Group

Moody's rating agency has made a big claim regarding Adani Group. The agency said that it would be extremely difficult for the Adani Group to raise funds. Gautam Adani has now slipped even below the 15th position. He has reached the 21st position in the list of the world's richest person.

Feb 03, 2023, 16:40 PM IST

ONGC, IOCL, Vedanta's bonds worth $1.9 bn mature in FY23: Moody's

Capital markets are volatile and investor appetite remains selective, so refinancing risks will remain elevated particularly for high-yield issuers such as Vedanta, which accounts for around 47 per cent of the upcoming bond maturities, it opined in a report on December 1.

Dec 02, 2022, 15:13 PM IST

Moody's cuts 2022 India growth estimate to 9.1% on lower capex

Moody's slashed India's growth estimate for the current year to 9.1 per cent, from 9.5 per cent earlier.

Mar 17, 2022, 18:25 PM IST

Moody's ups FY'21 India growth forecast to -10.6%; says stimulus to boost manufacturing, jobs

Moody's forecasts government debt to increase to 89.3 percent of GDP in fiscal 2020 and decline to 87.5 percent in fiscal 2021, from 72.2 percent in fiscal 2019. According to Moody's fiscal deficit would reach around 12 percent of GDP, with some upside risk, in fiscal 2020 and narrowing to about 7 percent of GDP over the medium term, still above the deficit of 6.5 percent of GDP in 2019.

Nov 19, 2020, 14:56 PM IST

Moody's projects Indian economy to contract 11.5% this fiscal

For 2021-22, it projected the economy to clock a growth of 10.6 per cent.

Sep 11, 2020, 17:59 PM IST

Public sector banks need capital up to Rs 2.1 lakh cr over next 2 years: Moody's

According to Moody's, the sharp slowdown in India's economic growth, exacerbated by the virus outbreak, will hurt the asset quality of public sector banks (PSBs) and drive up credit costs.

Aug 22, 2020, 00:16 AM IST

ONGC, OIL earnings to decline, credit metrics weaken due to lower oil prices: Moody's

ONGC and OIL get rates equivalent to those prevalent in the international markets. Oil prices in the international markets last month slumped to a two-decade low of USD 18 per barrel before rebounding by some measure.

May 07, 2020, 18:23 PM IST

Moody's lowers India's outlook to 'negative' from 'stable'

Moody`s Investors Service on Thursday changed its outlook on India`s ratings to "negative" from "stable", citing increasing risks that the country`s economic growth will remain lower than in the past.

Nov 08, 2019, 07:53 AM IST

India to grow at 7.3% in 2019, 2020: Moody's

Moody's growth estimates in based on calendar year. India, however, measures its economic growth on the basis of fiscal year (April-March).

Mar 01, 2019, 13:58 PM IST

GST cut to boost sales of under-construction flats; no ITC may hit builders' profit margin: Moody's

The GST Council had on Sunday decided to cut goods and services tax (GST) rate on affordable homes to 1 per cent without input tax credit (ITC) from earlier 8 per cent with ITC.

Feb 27, 2019, 13:56 PM IST

Cash transfer to farmers, middle-class tax relief to boost growth: Moody's

It said that while the middle-class tax relief will weigh somewhat on direct tax revenues, GST collections will continue to pose risks to indirect tax collections if they fall short of budgeted expectations.

Feb 06, 2019, 12:26 PM IST

US-China decision to not impose higher tariffs de-escalates hostilities temporarily: Moody's

Signalling an end to the six-month-long trade war, Trump agreed that on January 1, 2019, he will leave the tariffs on USD 200 billion worth of product at the 10 percent rate, and not raise it to 25 percent at this time.

Dec 04, 2018, 13:01 PM IST

After its parent Moody's, now Icra downgrades Yes Bank

The agency had placed the bank on rating watch earlier this month and had said the resignations--there were three so far--would impede the bank's ability to raise capital.

Nov 29, 2018, 14:41 PM IST