Moody's News

Amid JLR woes, Moody’s downgrades Tata Motors

The ratings agency downgraded the CFR of TML and the company’s senior unsecured instruments rating has been downgraded to Ba3 from Ba2 and stated that the outlook remains negative

Fiscal slippage for two consecutive years credit negative: Moody's

Moody's said that lack of a formal capital support plan for public sector banks is credit negative. The budget does not include any provisions for capital support for public sector banks (PSBs).


Moody's puts India growth in 2018, 2019 at 7.5 per cent

The Indian economy is expected to grow by around 7.5 per cent in 2018 and 2019 as it is largely resilient to external pressures like those from higher oil prices, Moody's Investors Service said on Thursday.

Moody's downgrades Pakistan's ratings to negative from stable

Moody's downsizing of Pakistan's ratings came ahead of the general election in the country on July 25.

GST, demonetisation to improve tax collection, broaden tax base, says Moody's

In the report, the credit rating agency said tax reforms are likely to expand revenue base in fast growing economies like India but they will be most effective when accompanied by lowering of fiscal deficit and effective management of expenditure.

ONGC, Oil India Ltd face risk of subsidy sharing: Moody's

On the issue of price deregulation, Moody's says the government is unlikely to reverse fuel pricing deregulation because it remains committed to reforms.


Rising g-sec bond yields credit negative for PSBs: Moody's

The rating agency's rated PSBs averaged a 41 per cent contribution to operating profit from gains on the sale of investments in the quarter that ended September 30, 2017. I

Moody's India rating upgrade: Arun Jaitley says it's a belated recognition of positive steps taken in last few years

Moody's India rating upgrade: "This is not something that's happening in isolation," emphasised Arun Jaitley, adding that India is the fastest growing among the major economies for three years in a row if one looks at the big picture.

Moody's action spruces up India's investment credentials

The agency today upgraded India's sovereign credit rating by a notch to 'Baa2' with a stable outlook after a gap of 13 years, saying reforms will foster sustainable growth.

Moody's upgrades India's sovereign rating to Baa2 with a stable outlook, says reforms will foster growth

Moody's also said in a statement that it believes that recent reforms offer greater confidence that the high level of public indebtedness which is India's principal credit weakness will remain stable, even in the event of shocks, and will ultimately decline.