Moody's clarification: Didn't issue new statement on India

Moody's Investor Service has not issued any new statement on India's sovereign rating and outlook, the agency told Reuters on Wednesday.

 Moodys clarification: Didnt issue new statement on India

Reuters

CNBC-TV18 and Bloomberg-UTV reported that Moody's affirmed India rating at BAA3 and said outlook was stable.

"I would like to clarify that Moody's have no rating affirmation nor announcement on India following S&P's ratings action on India today," said Eleanor Sheung, communications strategist for Asia ratings.

Standard & Poor's on Wednesday cut India's outlook to negative from stable, citing its large fiscal deficit and expectations of only modest progress on reforms given political constraints, battering stocks, bonds and the rupee.

Reuters

Updated Date: Dec 20, 2014 09:50:02 IST



Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

CORONAVIRUS

COVID-19 Information Centre

  • 24 hrs. helpline no. -
  • +91-11-23978046
  • 24 hrs. toll free no. -
  • 1075

India

  • Active Cases

  • Total Confirmed

  • Cured/Discharged

  • Total DEATHS

*change over the previous day
Data Source: Ministry of Health and Family Welfare, India
Updated: May 31 (08 AM)
Hospitals & Testing centres

World

  • Active Cases

  • Total Confirmed

  • Cured/Discharged

  • Total DEATHS

*change over the previous day
Data Source: Johns Hopkins University, U.S. (www.jhu.edu)
Updated: May 31 (08 AM)
Hospitals & Testing centres