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Moody's raises India's growth forecast, Fitch affirms credit rating

Economy

29 August, 2024

Moody's raises India's growth forecast, Fitch affirms credit rating

Moody's raised India's growth projection for 2024 and 2025 citing signs of improving rural demand, while Fitch affirmed the country's ......

Moody's keeps India's sovereign rating unchanged at Baa3

Economy

18 August, 2023

Moody's keeps India's sovereign rating unchanged at Baa3

Moody's Investors Service has affirmed India's long-term local and foreign-currency sovereign ratings and retained the outlook at stable, it said ......

After Fitch, now Moody's downgrades Azure Power's bond rating

Infrastructure

17 January, 2023

After Fitch, now Moody's downgrades Azure Power's bond rating

Ratings giant Moody's Investors Service has cut its bond rating for CDPQ-backed Azure Power to 'Ba3' from 'Ba2', a day ......

S&P expects India's economy to contract 9% in FY21

Economy

14 September, 2020

S&P expects India's economy to contract 9% in FY21

S&P Global Ratings said on Monday that it was expecting India's economy to shrink by 9% in the fiscal year ......

India needs to look beyond what rating agencies think: Raghuram Rajan

Economy

06 August, 2020

India needs to look beyond what rating agencies think: Raghuram Rajan

Former Reserve Bank of India governor Raghuram Rajan said on Thursday that overly focusing on what sovereign rating agencies think ......

Moody's India arm ICRA hires former L&T exec as CEO

Finance

29 July, 2020

Moody's India arm ICRA hires former L&T exec as CEO

Ratings firm ICRA Ltd, the local arm of global giant Moody’s, has appointed a former Larsen & Toubro Ltd executive ......

India's pursuit of global investors hits turbulence

Finance

19 June, 2020

India's pursuit of global investors hits turbulence

India’s ambition to attract more foreign money into its financial markets is being buffeted again, having only just started to ......

Foreigners sell Indian bonds in May, buy in other Asian markets

Markets

15 June, 2020

Foreigners sell Indian bonds in May, buy in other Asian markets

Indian bonds faced sharp foreign outflows in May on worries about rising domestic coronavirus infections, while other Asian fixed income ......

S&P affirms India's long-term sovereign credit rating, outlook

Finance

10 June, 2020

S&P affirms India's long-term sovereign credit rating, outlook

Standard and Poor's affirmed its rating on India's long-term foreign and local currency sovereign credit at the lowest investment-grade level ......

Budget math changes as govt increases FY21 borrowing by 54%

Economy

08 May, 2020

Budget math changes as govt increases FY21 borrowing by 54%

The Indian government plans to borrow 12 trillion rupees ($160 billion) in the fiscal year to March 2021, up from ......