Rising global issues won't impede recovery, according to Moody's, which maintains India's grade

India's economic recovery from the epidemic is not likely to be derailed by global challenges such as the impact of the Russia-Ukraine crisis, increased inflation, and tightening global financial conditions, rating agency Moody's said on Tuesday.

According to a statement from th...

MOODY FORECAST INDIA’S FY22 GDP TO 9.3%

Highlights:

• The credit rating company, Moody has revised India’s forecast for economic growth in the current financial year to 9.3 percent from an earlier projection of 13.7 percent.
• Moody has joined several analysts who have revised their GDP f...

UK’s RATING AGENCY ‘MOODY’s’ WARNS SLUMP IN BRITAIN’S ECONOMY

Highlights –

• UK’s rating agency Moody’s warns slump in Britain’s economy.
• The country will face the sharpest plunge in the economy this year.
• The country in under an approximate debt of 109% of GDP this year.
...

COVID-19 IMPACT: INDIAN GDP WILL SHRINK 5.3 PERCENT IN FY21 SAYS IND-RA

Highlights

• Ind-Ra predicts growth of 5 to 6 percent in FY22

• Earlier this week, Fitch and Moody’s predicted Indian economy to contract  5 percent and 3.1 percent in FY21

• Ind-Ra forecasted India’s fiscal deficit may expand more tha...

INDIAN ECONOMY TO CONTRACT 3.2 PERCENT IN 2020-21: WORLD BANK

Highlights

• The World Bank said the stringent measures including the lockdown that heavily curtailed the economic activity is the primary reason for the contraction of economy

• International rating agencies including Fitch Rating, S&P Global Ratings and Moody&r...

UNLOCK 1 HAS BOOSTED THE INDIAN ECONOMY SAYS CHRIS WOOD OF JEFFERIES

Highlights

• CRISIL, Moody, Goldman Sachs and various other firms have predicted contraction of 5 percent in the Indian economy

• Chris Wood said the recent rally in Indian stock markets showcase the mood of investors, though there will be nil growth in the country&r...

COVID-19 STALEMATE: MOODY’S FORECASTS AN UNPLEASANT LULL IN INDIA’S ECONOMIC CORRIDORS

• Moody’s revokes Indian financial health and rating to negative from stable.
• This is on account of slowdown in economic activity due to the coronavirus epeidemic.

Moody’s rating agency has portrayed a bleak future for Indian banking system by taking...

MOODY'S SLASHED ITS 2020 GROWTH PROJECTION FOR INDIA TO 5.4%

Highlights

• It can be attributed to a slower economy
• Domestic factors are responsible for it

On Monday, Moody's, rating agency slashed its 2020 growth projection for India to 5.4%. It had earlier ...