October 08, 2021 9:32 am
Change in India's rating outlook signals risks to growth are receding. But uncertainty over medium-term growth persist.
November 11, 2019 11:20 pm
Moody’s downgrade is a wake-up call: A government with a strong political mandate must press the pedal on reforms.
October 01, 2019 4:42 am
Slower economic growth and rising trade and geopolitical tensions could weaken debt servicing abilities of corporates in the region, the rating agency wrote.
July 05, 2019 4:06 pm
The Budget 2019-20 lowered fiscal deficit projection for the current financial year to 3.3 per cent from 3.4 per cent targeted in the Interim Budget 2019-20 in February. The fiscal deficit, which is the gap between government expenditure and revenue, was 3.4 per cent in 2018-19.
January 25, 2019 2:59 pm
The government had budgeted the fiscal deficit for the current financial year at 3.3 per cent of the gross domestic product (GDP). However, in the April-November period, the deficit touched 114.8 per cent of the budget estimates.
May 30, 2018 5:20 pm
"The Indian economy is in cyclical recovery led by both investment and consumption. However, higher oil prices and tighter financial conditions will weigh on the pace of acceleration," the agency noted.
November 22, 2017 2:36 pm
The agency is negative on the telecom sector as it expects the intensifying competition to continue to pressure revenue and margins over the next 12 months, while industry consolidation will result in the emergence of three big players.
August 18, 2015 3:37 pm
"We have revised our GDP growth forecast down to around 7%, in light of a drier than average monsoon," said Moody's in its statement.
December 21, 2011 4:21 pm
Policy paralysis,global uncertainty is expected to pull down GDP growth rate further.
November 10, 2011 7:34 pm
We are meeting Moody's on Monday to discuss India's sovereign credit rating: Official.



