Moodys

As US banking crisis and global recession gain momentum, India provides an exception to the scenario

Moody's has downgraded the American banking sector from stable to negative for the systemic risks it poses. A global recession is gaining momentum according to the World Bank. Yet, India is expected to become a $5 trillion economy by 2028

Moody's slashes India's economic growth projections to 7% from 7.7% for 2022

This is the second time that Moody's Investors Service has cut India's growth estimates. In September, it had cut projections for the current year to 7.7 per cent from 8.8 per cent estimated in May

India remains bright spot for car sales; to outshine regional, global peers this year, says Moody's

The car sales volumes this year in the country is expected to increase by 12.5 per cent and another four per cent in 2023, it stated

Moody's, Citigroup and more: Global agencies that have trimmed India's growth forecast for 2022

The NSO’s data showed that India’s GDP in the April-June 2022-23 quarter grew 13.5 per cent, the fastest in the year. However, it fell far below the Reserve Bank of India’ forecast of 16.2 per cent increase

Price rise, war eroding purchasing power, raising input costs for firms and discouraging investors, says Moody's

In May, the financial services company cut the economic growth forecast for G20 economies to 3.1 per cent for this year and 2.9 per cent for next year, compared to its March projections of 3.6 per cent and 3 per cent, respectively

Sanctions on Russia may result in impairment losses for Indian energy companies, says Moody's

Indian firms have invested $16 billion in Russian assets such as the Sakhalin-1 oil and gas field in the far east

Moody’s lowers India's GDP growth forecast for 2022 from 9.5% to 9.1%

High fuel and fertiliser costs will weigh on government finances down the road, potentially limiting its planned capital spending, according to the credit ratings major

Ukraine crisis: Fitch, Moody's downgrade Russia credit rating to 'junk' amid sanctions

Sovereign credit rating gives investors insights into the level of risk associated with investing in the debt of a particular country. The ratings agencies have warned that Western sanctions have weakened the Russian economy

Moody's Investors Services raises India's growth forecast to 9.5% from 7% for 2022

With most remaining restrictions now being lifted with the improvement in the COVID-19 situation, India is on its way to normalcy

Strong demand, rising vaccination rate drive positive outlook for Indian corporates: Moody's

In a report, the rating agency said credit fundamentals are favourable for India's companies on a sustained economic recovery and earnings of rated companies' will rise on strong consumer demand and high commodity prices