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Moody's upbeat on IT sector; sees annual revenue growth at 11-13 percent

Apr 27, 2016

Moody's upbeat on IT sector; sees annual revenue growth at 11-13 percent

The study report on IT services India: Market share gains despite headwinds also expects the industry to maintain its market share, with Ebitda (operating) margin at 21-22 percent. #Cloud computing #Moody's #IT Services #Automation #digital services
Govt must provide more capital as PSBs can't tap mkts: Moody's

Apr 25, 2016

Govt must provide more capital as PSBs can't tap mkts: Moody's

Public sector banks (PSBs) will not be able to raise funds from the markets and government will have to provide capital support to them in the near term given their weak solvency position, Moody's has said. #Moody's #public sector banks #bank capitalisation #capital infusion #PSBs
India less susceptible to external shocks, it's credit positive, says Moody's

Apr 07, 2016

India less susceptible to external shocks, it's credit positive, says Moody's

The development of industrial corridors, investment and manufacturing zones and 'smart cities' will further bolster investment inflows, it added #Moody's #Commodity prices #External shocks #FDI inflows
Budget 2016 'in line' with current rating, says Moody's analyst

Feb 29, 2016

Budget 2016 'in line' with current rating, says Moody's analyst

India's union budget for the year beginning in April will not shift its current thinking, said an analyst at Moody's Investors Service. #Moody's #Arun Jaitley #Moody's Investors Service ##CongressMurdersDemocracy #budget 2016 #Union Budget 2016
Budget 2016: India's fiscal metrics to remain weaker than peers, says Moody's

Feb 23, 2016

Budget 2016: India's fiscal metrics to remain weaker than peers, says Moody's

Days ahead of the Union Budget, Moody's Investors Service today said India's fiscal metrics will remain weaker than its peers in the near term even if Finance Minister Arun Jaitley was to stick to fiscal consolidation roadmap. #GDP #Moody's #fiscal deficit #Arun Jaitley #NDA #Union Budget 2016 #Economy 2016
Make in India Week: PM Modi promises stable tax regime, easy clearances to investors

Feb 13, 2016

Make in India Week: PM Modi promises stable tax regime, easy clearances to investors

The Prime Minister said that India has become the fastest growing large economy in the world. #Business #Narendra Modi #FDI #TheySaidIt #Moody's #UNCTAD #Make in India Week
External sector risks have risen since last year: Moody's poll

Jan 25, 2016

External sector risks have risen since last year: Moody's poll

The greatest challenge facing the Indian economy is exposure to external shocks such as interest rate hike in the US and slowdown in China, and the risk has risen since last year, a Moody's poll said today. #India #Moody's #GDP growth #GST #Land acquisition #external sectors
Budget 2016: Small deficit slippage not to impact India's profile: Moody's

Jan 24, 2016

Budget 2016: Small deficit slippage not to impact India's profile: Moody's

Moody's has said India's credit profile will be unaffected by a small slippage in fiscal deficit target as it expects the government to continue fiscal consolidation and target lower deficits every year despite headwinds from global slowdown. #Moody's #fiscal deficit #Arun Jaitley #Union Budget 2016 #Budget & Economy #Atsi Sheth #finance minsiter
Moody's places ONGC, OVL rating on review for downgrade

Jan 22, 2016

Moody's places ONGC, OVL rating on review for downgrade

Moody's Investors Service today placed the ratings of state-run oil producers ONGC and its subsidiary ONGC Videsh "on review for downgrade" on slumping oil prices, weakening demand and prolonged period of oversupply. #oil #ONGC #Moody's #Crude #Downgrade #review #Ratings #OVL
Fiscal deficit equation won't change India's sovereign ratings, says Moody's

Jan 14, 2016

Fiscal deficit equation won't change India's sovereign ratings, says Moody's

Finance Minister over the weekend reiterated his commitment to meet the budgeted 3.9 percent of fiscal deficit target in 2015-16 #Inflation #GDP #Moody's #fiscal deficit #Icra #Finance Minister Arun Jaitley #tax mop-up