Moody
- World
Highest sovereign defaults in 2022, two in 2023: Moody’s
Chennai: Global credit rating agency Moody’s Investors Service on Friday said that 2022 saw a spike in the annual sovereign bond defaults with seven countries defaulting on repayments. In 2023, there were…
- India
Moody’s raises India’s economic growth projections
Chennai: Global credit rating agency Moody’s Investors Service on Wednesday raised India’s economic growth projections as well as several economies like the US, Russia, Euro area, China and others. In all cases,…
- Pakistan
Moody’s changes Pakistan’s outlook from negative to stable
Islamabad: Moody’s Investors Service has changed Pakistan’s outlook from negative to stable while downgrading its local and foreign currency issuer and senior unsecured debt ratings from “Caa1” to “Caa3” — the lowest…
- Business
Supply-chain disruptions in China likely to appear in coming months: Moody’s Analytics
New Delhi : Volatility in supply-chain disruptions in and around China is “bound to appear” in the coming months as the country will likely maintain its targeted zero-Covid policy through at least…
- Business
Moody’s upbeat on premium growth of Indian insurers
Chennai: Indian insurers are expected to see a jump in their premium income during the post-pandemic economic recovery phase driven by health and protection policies, said global credit rating agency Moody’s Investors…
- Business
RBI’s stress test results indicate high risk to asset quality: Moody’s
Singapore: The Reserve Bank of India’s recent financial stability report and results of banking system stress tests show that banks’ gross non-performing assets will rise meaningfully under all four stress test scenarios…
- Politics
Moody’s India rating a step above junk, worst to come: Rahul
New Delhi: A day after global credit ratings agency Moody’s Investors Services downgraded India’s sovereign ratings as it sees challenges piled up on the country’s policy making institutions to mitigate the risks of…
- India
Moody’s downgrades India’s rating first time in over 2 decades
New Delhi: Moody’s Investors Service on Monday downgraded India’s sovereign credit rating for the first time in more than two decades, saying policymakers will be challenged to mitigate risks of low growth, deteriorating…
- Business
Moody’s slashes India GDP growth in 2020 to 2.5 pc
New Delhi: Moody’s Investors Service on Friday slashed its estimate of India’s GDP growth during 2020 calendar year to 2.5 per cent from an earlier estimate of 5.3 per cent, on account…
- Business
Moody’s downgrades Yes Bank, ratings remain under review
Singapore: Moody’s Investors Service has downgraded Yes Bank Ltd’s long-term foreign currency issuer rating to Caa3 from B2. The ratings remain under review with the direction uncertain. Moody’s has also downgraded the…
- Business
Moody’s outlook for global auto makers in 2020 negative
Chennai: Global credit rating agency Moody’s Investors Service on Monday said its outlook for the global automotive manufacturers and parts suppliers is negative. In its research report Automotive manufacturers and parts suppliers…
- Stock Market
Equity indices open lower after Moody’s downgrades India outlook
Mumbai: Equity benchmark indices were on a weak wicket during early hours on Friday as investors reacted negatively to Moody’s changing India’s outlook to negative from stable. The agency, however, affirmed the…
- Business
Corp tax cut credit positive, but raises fiscal risks: Moody’s
Mumbai: Corporate tax reduction is credit positive for companies but increases the government’s fiscal risks, global rating agency Moody’s said on Saturday. On September 20, Finance minister Nirmala Sitharaman announced a reduction…
- Business
Moody’s assigns provisional Baa1 with stable outlook to ONGC
Singapore: Moody’s Investors Service has assigned a provisional Baa1 senior unsecured rating to the proposed two billion dollars (about Rs 14,400 crore) medium-term note (MTN) program established by Oil and Natural Gas…
- Business
Moody’s downgrades Tata Motors to Ba3 with outlook negative
Singapore: Moody’s Investors Service has downgraded Tata Motors Ltd’s (TML) corporate family rating and the company’s senior unsecured instruments rating to Ba3 from Ba2. The outlook remains negative, it said in a…
