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  Trump's presidency may benefit India, ASEAN countries as investments divert from China: Moody's

  World | November 08, 2024 22:19 IST

  Donald Trump is likely to pursue more aggressive immigration policies, including increased deportations, the construction of additional border barriers, stricter visa regulations, and reduced asylum grants.

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  India to remain fastest growing Asia-Pacific economy in 2024, predicts Moody's

  Business | June 13, 2024 20:33 IST

  In a report titled Credit Conditions Asia-Pacific H2 2024 Credit Outlook, Moody's Ratings said Indonesia, the Philippines and India led the way in terms of growth in first half of 2024 and should continue to outperform pre-Covid growth numbers.

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  Lok Sabha Election Results: Moody's predict slow fiscal reforms as India returns to coalition era

  Business | June 05, 2024 16:14 IST

  Earlier in fiscal 2023-24, India's real GDP accelerated to 8.2 per cent from 7.0 per cent in the previous year. It is driven by gains in gross fixed capital formation as the government's infrastructure program gained further traction even as private consumption remained subdued.

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  'India GDP will be fastest-growing economy over next few years, but bureaucracy...': Moody's report

  Business | May 23, 2023 22:41 IST

  It said despite the economy's strong potential, there is a risk that the pace of investment in India's manufacturing and infrastructure sectors could slow because of limited economic liberalization or slower policy implementation.

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  Moody's cuts India's economic growth projections to 7 pc for 2022

  Business | November 11, 2022 14:10 IST

  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.

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  Moody's, Fitch downgrade Russia's rating to 'junk' grade following sanctions by West

  World | March 03, 2022 14:48 IST

  The downgraded rating is in speculative or junk category reflecting default risk. It signifies that even though financial commitments are currently being met, the sovereign is vulnerable to high credit risk.

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  India’s second round of stimulus to provide limited support to growth: Moody's

  Business | October 15, 2020 15:00 IST

  After a long clamour for fiscal stimulus, the government had on October 12 come up with measures with direct fiscal support to people and states and to generate demand.

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  Economic damage for India from lockdown to be significant: Moody's

  Business | May 22, 2020 13:56 IST

  Moody's Investors Service said on Friday that economic damage as a result of India's coronavirus lockdown will likely be extensive and reflect the country's inherent economic vulnerability and fiscal constraints.

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  'COVID-19 to impair Indian economy, FY20 GDP growth seen at 2.5%'

  Business | March 27, 2020 14:41 IST

  In its Global Market Outlook 2020-21 released on Thursday, Moody's said that with a lower growth rate, there would be a sharp fall in income which could further weaken the domestic demand and the pace of recovery in the next fiscal.

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  Moody's places Yes Bank's ratings under review; direction uncertain

  Business | January 17, 2020 12:51 IST

  Moody's Investors Service has placed Yes Bank's long-term foreign currency issuer rating of B2 under review, with the direction uncertain, citing "slowness in raising new capital". "The placing of Yes Bank's deposit rating of B2 under review reflects Moody's expectation that the bank's standalone viability is getting increasingly challenged by its slowness in raising new capital," the US-based agency has said in a statement.

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  Ahead of fund raising plan, Moody's shocker for Yes Bank

  Business | December 05, 2019 19:05 IST

  The bank has been finding the going tough since August last year, after the RBI refused to clear the reappointment of co-promoter and chief executive Rana Kapoor on concerns around corporate governance and poor lending practices.

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  NBFC/HFC bankruptcy provisions positive for banks: Moody's

  Business | November 25, 2019 14:02 IST

  On November 20, the Reserve Bank superseded the DHFL board and appointed an administrator and said it would begin bankruptcy process for the crippled company that owes close to Rs 90,000 to the system.

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  US-China trade war may escalate further: Moody's

  World | September 04, 2019 12:01 IST

  The ongoing US-China trade war is headed for further escalation, global rating firm Moody's said on Wednesday. "Of the three plausible scenarios for US-China trade tensions, the risk of a 'hardened stance' scenario has increased," Moody's said in a note and added that any further deterioration in tensions could serve as potential catalyst for a severe downturn.  

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  RBI’s new prudential framework for stressed asset resolution credit positive: Moody’s

  Business | June 10, 2019 11:57 IST

  The Reserve Bank of India (RBI) last week issued a prudential framework for resolution of stressed assets, which give lenders 30 days to review a borrower account before labeling it as a non-performing asset (NPA) in case of default.

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  India's rating hinges on policies of new govt: Us-based rating agency Moody`s

  India | May 23, 2019 16:50 IST

  In 2017, the US-based rating agency upped India's rating to 'Baa2' from 'Baa3', changing outlook to 'stable' from 'positive', and said reforms would help stabilise rising levels of debt. Deviating from the fiscal consolidation path.     As per the Fiscal Responsibility and Budget Management (FRBM) Act, the government in February's interim budget pegged the fiscal deficit for 2019-20 at 3.4 per cent of GDP, as against the original target of 3.1 per cent.  

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  Fiscal slippage for two consecutive years credit negative: Moody’s

  Business | February 05, 2019 14:37 IST

  In the interim budget for 2019-20, the government proposed to increase spending to provide income support for small farmers and introduce a middle-class tax cut in the run up to the general election between April and May.

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  Moody's slashes India's GDP forecast from 7.5% to 7.3% for 2018

  Business | May 30, 2018 18:28 IST

  The agency said that the GDP forecast has been cut down due to higher oil prices and tighter financial conditions.

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  S&P keeps India's sovereign rating unchanged at 'BBB-minus'; govt says action unfair

  Business | November 24, 2017 19:05 IST

  Standard & Poor's on Friday maintained its sovereign rating on India stable at ‘BBB-’ while keeping its outlook for India stable.

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  Moody's withdraws RCom's corporate family rating on 'default'

  Business | November 18, 2017 13:03 IST

  Moody's Investors Service has withdrawn debt-laden Reliance Communications' corporate family rating, citing a missed scheduled payment related to the company's dollar bond.

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  PM Modi next target: 1 billion Aadhaars, 1 billion bank a/c, 1 billion mobiles to be linked

  India | November 18, 2017 11:45 IST

  While no specific deadlines have been specified, the government is hopeful that the program will be rolled out soon, marking a big step towards expanding the financial and digital mainstream.