Baa2
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Lower taxes, higher public expenditure could widen budget deficit in 2017-18, cautions Moody's
•Moody's believes that the government’s commitment to fiscal consolidation remains and sustained growth would help it reduce debt burden.
Kapil Sibal says Moody’s India rating upgrade is not in sync with 'mood of the people'
Ians •Congress leader Kapil Sibal on Saturday said the upgradation of India's rating by US credit rating agency Moody's was not in sync with the "mood of the people"
Stocks build on Moody's India upgrade, Sensex jumps 236 points; Nifty breaches 10,300 mark
•In the opening session, the 30-share benchmark BSE index shoot up 414 points at one point
Financial sector honchos hail Moody's sovereign rating upgrade for India
•Moody's Investors Service on Friday raised India's sovereign rating for the first time in 13 years, saying growth prospects have improved with continued progress on economic and institutional reforms.
Moody's India upgrade after 13 years will strengthen our resolve for fiscal discipline: Arun Jaitley
•On Moody's upgrading India to Baa2 from Baa3, Jaitley said it is a recognition that India continues to follow path of fiscal prudence
Sensex, Nifty touch record intra-day highs as Moody's upgrades India's sovereign ratings
Ians •Sensex and Nifty maintained their upward trajectory supported by broadly positive Asian markets and healthy uptake in bank
Modi and Moody's fail to gauge nation's mood; PM must fight next election abroad: Congress
Ians •The party said: "After destroying India's economy, the Modi government was clutching at straws to claim lost credibility. "Modiji and Moody's ‘Jodi' have failed," Congress spokesperson Randeep Singh Surjewala tweeted.
Bank stocks surge up to 6% as Moody's ups India sovereign credit rating to Baa2
•Moody’s Investors Service on Friday upgraded India's sovereign credit rating by a notch to 'Baa2' with a stable outlook citing improved growth prospects driven by economic and institutional reforms.
Moody's rating upgrade certifies reforms are in right direction: Sebi chairman Ajay Tyagi
•New York-based Moody's on Friday upgraded the sovereign credit ratings by a notch to 'Baa2' with a stable outlook citing improved growth prospects driven by economic and institutional reforms.
India's rating upgrade by Moody's reflects growth story: NITI Aayog Vice Chairman Rajiv Kumar
•In 2015, the rating outlook was changed to 'positive' from 'stable'