Rating upgrade depends on fiscal prudence: Moody's analyst
US-based Moody's has a caveat before considering a rating upgrade for India -- the country should stick to fiscal consolidation and effectively address weaknesses in the banking sector.
Apr 14, 2015, 17:52 PM IST
'Rating upgrade for India in next 12-18 months'
India is currently at the last rung of investment grade, just a notch above the 'junk' status, by all three leading global credit rating agencies - Moody's, S&P and Fitch.
Apr 12, 2015, 13:51 PM IST
Credit outlook rating upgrade to help attract FDI: FICCI
With rating agencies Fitch and Moody's affirming India's credit outlook as "stable" and "positive" respectively, Ficci Thursday said the move will uplift investor sentiment and help attract foreign investments.
Apr 09, 2015, 22:25 PM IST
Nifty up by 64 points, Bank stocks surge
Extending gains for the fifth consecutive session, the NSE Nifty rose by 63.90 points to end at 8,778.30 on buying in banking and financial counters after Moody's upgraded India's outlook to positive from stable.
Apr 09, 2015, 22:19 PM IST
Moody's lowers ratings of ICICI, Axis & HDFC Bank
Global rating agency Moody's Thursday downgraded local currency bank deposit ratings and senior unsecured ratings of three biggest private lenders, ICICI Bank, HDFC Bank and Axis Bank, on a change in its fundamental view about government support to such instruments.
Apr 09, 2015, 21:59 PM IST
Moody's ups India's rating outlook to positive; Fitch keeps it stable
In a big vote of confidence in the Modi government, rating agency Moody's Thursday raised India's credit outlook to 'positive', while Fitch projected faster growth -- raising hopes for an upgrade in its sovereign rating in the next 12-18 months.
Apr 09, 2015, 20:01 PM IST
Stocks climb as Moody's upgrades India outlook; rupee steady
Bolstered by Moody's upgrading India's rating outlook to 'positive' from 'stable' Thursday, the benchmark BSE Sensex surged over 177 points to close at near four-week high of 28,885.21 as lenders led the rally, however, rupee ended flat against the dollar.
Apr 09, 2015, 19:48 PM IST
Bank stocks surge up to 6% on rating outlook upgrade
Bank stocks Thursday surged by up to 6 percent, after Moody's raised India's credit rating outlook to 'positive'.
Apr 09, 2015, 18:40 PM IST
Sensex rises to near one-month high; bank stocks surge
The Sensex has now garnered over 927.72 points in five sessions and is at nearly one-month high. The previous high was on March 12 when it ended at 28,930.41.
Apr 09, 2015, 17:35 PM IST
Moody's raises outlook for 15 banks, FIs to 'positive'
Credit rating agency Moody's Thursday revised upwards the outlook to positive, from stable, for 12 state-owned banks and financial institutions including SBI, PNB, Canara Bank, REC and PFC.
Apr 09, 2015, 17:21 PM IST
Moody's outlook upgrade significant; need to do more: FM Jaitley
The Moody's upgrade of India's rating outlook to 'positive' from 'stable' is significant, but the government will have to do more, Finance Minister Arun Jaitley said on Thursday.
Apr 09, 2015, 13:34 PM IST
Moody's upgrades India's outlook to positive, sovereign rating still a notch above junk
India's sovereign rating currently stands at 'Baa3', the lowest investment grade -- just a notch above 'junk' status.
Apr 09, 2015, 10:36 AM IST
Sensex up 167 points as Moody's upgrades India's rating outlook
The benchmark BSE Sensex rose over 167 points in early trade Thursday after rating agency Moody's raised India's rating outlook from stable to positive.
Apr 09, 2015, 10:01 AM IST
Moody's upgrades India's outlook to positive, affirms Baa3 rating
Ahead of Prime Minister Narendra Modi's Europe visit, Moody's has raised India's credit rating outlook to stable, validating government's reform thrust and fiscal discipline.
Apr 09, 2015, 08:34 AM IST
Telcos may hike mobile rates to recover spectrum cost: Moody's
Indian telecom operators are expected to gradually increase rates to recover Rs 1.1 lakh crore they bid for spectrum in the auction that concluded last week, Moody's said on Monday.
Mar 30, 2015, 16:19 PM IST
India's steps to revive gas-based plants to help banks: Moody's
Indian government's efforts to revive the stranded gas-based power projects will benefit the banks as they have significant exposure to such plants, credit rating agency Moody's said.
Mar 30, 2015, 13:55 PM IST
Spectrum auction proceeds to help plug fiscal deficit: Moody's
The fiscal deficit target for 2014-2015 is pegged at 4.1 percent of GDP and for the next fiscal at 3.9 percent.
Mar 26, 2015, 17:24 PM IST
Cairn's tax liability credit negative for Vedanta: Moody's
I-T Department has slapped a Rs 20,495 crore tax demand on Cairn India Ltd for allegedly failing to pay taxes on gains made by Cairn Energy eight years ago.
Mar 17, 2015, 14:37 PM IST
Moody's retains stable outlook on sovereign rating
The global rating agency Moody's on Wednesday retained its stable outlook on the sovereign rating at Baa3, citing the country's large and diversified economy and healthy private savings rate.
Mar 11, 2015, 20:49 PM IST
Expanded Sarfaesi Act credit positive for some NBFCs: Moody's
The Budget proposal to include non- banking finance companies (NBFCs) under the Sarfaesi Act is credit positive for lenders of loans against property, a leading rating agency said Monday.
Mar 09, 2015, 19:22 PM IST
