Moody's

India pitches for rating upgrade, says will keep fiscal in check

Pitching for the country's rating upgrade, Finance Ministry officials on Monday informed credit ratings agency Moody's that the Budget 2014-15 has provided an impetus to growth and the government is taking steps to keep the fiscal deficit under check.

Sep 08, 2014, 17:19 PM IST

RBI's new rules to help banks raise capital for Basel III: Moody's

The changes in the rules for raising Basel III-compliant capital announced by India`s central bank this month are "credit positive" as they make it easier for banks to raise funds and attract more investors, Moody`s said on Monday.

Sep 08, 2014, 14:09 PM IST

High fiscal deficit, inflation cap rating upgrade: Moody's

Rating agency Moody's on Wednesday said high fiscal deficit and sticky inflation limit chances of an upward revision in the country's sovereign ratings.

Sep 03, 2014, 15:08 PM IST

Splitting subsidy with oil producers credit positive: Moody's

Global rating agency Moody's Investors Service said Monday that the oil ministry's plan to divide fuel subsidies equally between the government and the two state-owned upstream oil and gas producers namely ONGC and Oil India, is credit positive for both companies.

Sep 01, 2014, 22:14 PM IST

High inflation constraining recovery, rating: Moody's

Moody's assigns a 'Baa3' rating on India, with a stable outlook.

Aug 28, 2014, 15:28 PM IST

Non-financial cos to raise $14 billion in Fx debt this year: Moody's

Bond sale by non-financial sector firms is on course to touch a record USD 14 billion this year, helped by improved investment climate which has increased investor appetite for Indian papers and sliding hedging costs on the back of a strong rupee, says ratings agency Moody's.

Aug 27, 2014, 20:01 PM IST

Moody's project Apr-June quarter GDP growth at 5.1%

Rating agency Moody's expects the GDP to grow at 5.1 percent in the first quarter (April-June) of current fiscal, better than 4.7 percent clocked a year ago.

Aug 27, 2014, 14:41 PM IST

Pharma sector to continue growth in double digits: Moody's

The Indian pharmaceutical market will continue to grow in the double digits, representing a better growth opportunity than many other geographic markets, Moody's Investors Service says.

Aug 25, 2014, 16:06 PM IST

'Zest, Bolt success hold key to Tata Motors car biz profits'

The profitability of the struggling domestic unit of Tata Motors, especially that of its passenger car division, depends on the success of the newly launched sedan Zest and the forthcoming roll out Bolt, says global rating agency Moody's.

Aug 15, 2014, 14:37 PM IST

Moody's pegs India growth at 5% this year

Projecting a better growth outlook for India, global rating agency Moody's on Tuesday said the country's GDP will grow by 5 percent this year and accelerate further in 2015.

Aug 12, 2014, 20:22 PM IST

Deutsche Bank hit by Q2 profit fall, Moody`s downgrade

Deutsche Bank, Germany`s biggest lender, said Tuesday its net profit in the second quarter fell by 29 percent, due mainly to a heavier tax bill.

Jul 29, 2014, 18:12 PM IST

Higher FII cap in G-secs, bank infra bonds credit +ve: Moody's

Global ratings agency Moody's Monday said the recent RBI measures on raising foreign investment limit in government bonds and easy norms for infrastructure bond issuances by banks will help the growth process and thus are credit positive for the country.

Jul 28, 2014, 19:12 PM IST

India's FII debt limit hike credit-positive: Moody's

Moody`s rates India with a "Baa3" rating, the lowest investment-grade rating, and a "stable" outlook.

Jul 28, 2014, 12:09 PM IST

FinMin to pitch for ratings upgrade with S&P, other agencies

Moody's assigns a 'Baa3' rating on India, with a stable outlook.

Jul 27, 2014, 15:00 PM IST

RIL's Q1 performance supports credit profile: Moody's

Moody's Investors Service Tuesday said Reliance Industries' largely stable performance metrics for the first quarter of the current fiscal continue to support its credit profile.

Jul 22, 2014, 20:36 PM IST

Budget modestly credit positive for India: Moody's

Rating agency Moody's Monday said the budget 2014-15 has outlined steps to support faster economic growth, but absence of detailed implementation plan makes it modestly credit positive for India.

Jul 14, 2014, 18:40 PM IST

Rating agencies say Jaitley's fiscal targets hard to achieve

Rating agencies on Friday said Finance Minister Arun Jaitley's assumption of containing fiscal deficit at 4.1 percent of GDP is difficult to achieve given the poor outlook on the revenue front and absence of reduction in subsidies.

Jul 11, 2014, 17:03 PM IST

Diesel price may be deregulated over next 12 months: Moody's

Moody's expects the new government to increase the retail selling prices of controlled fuel products-- kerosene and liquefied petroleum gas (LPG) -- to help control its subsidy burden.

Jul 02, 2014, 15:57 PM IST

Moody's expects govt to reduce fuel subsidy bill

Rating agency Moody's expects the government to reduce its fuel subsidy bill through a gradual process that in turn will lead to higher product prices and prove credit positive for oil marketing companies.

Jul 01, 2014, 19:44 PM IST

High fiscal deficit exposing India to shocks: Moody's

India's credit outlook will depend on government's initiatives in the next month's budget to contain expenditure, Moody's said.

Jun 19, 2014, 11:10 AM IST