June 01, 2020 8:21 pm
Moody's Investors Service downgraded the Government of India's foreign-currency and local-currency long-term issuer ratings to Baa3 from Baa2 and also downgraded India's local-currency senior unsecured rating to Baa3 from Baa2.
December 10, 2019 1:09 am
Referring to the recently implemented ‘letter of credit’ mechanism of the Union Power Ministry, the agency noted that the tariff reforms allowing timely recovery of costs are seen to be incentivising private investment in the sector.
November 11, 2019 10:34 pm
Ratings agency Moody’s has lowered India’s outlook from stable to negative. How do such agencies assign these ratings? How seriously are these taken, and what changes for a government if it is downgraded?
November 09, 2019 4:37 am
Rating outlook was cut to negative from stable for Infosys, TCS, State Bank of India and HDFC Bank, along with other financial institutions, corporates and sovereign-linked infrastructure companies.
June 19, 2018 2:31 pm
Tightening regulations and trade tariffs globally will strain export-oriented sectors such as IT services and auto, but the weakening rupee will somewhat mute this impact, the report added.
November 19, 2017 2:19 pm
Moody's had last week raised India's sovereign rating for the first time in over 13 years, saying growth prospects have improved with continued progress on economic and institutional reforms.
November 17, 2017 11:43 am
Moody's India rating: CEA Arvind Subramanian attributed Moody's upgradation to government's policies such as GST, its bank recapitalisation plan, the bankruptcy code and macroeconomic stability.
April 09, 2015 11:31 am
"It confirms the fact that growth and macro-economic prospects of the country are improving," said the CEA.
September 02, 2013 2:45 pm
A series of measures by policy makers has slowed the decline,but has failed to reverse the trend.
July 18, 2013 4:49 pm
Moody's also paints a grim picture of any major expectations from rupee during fiscal.