Moody's upgrades India's GDP forecast to 7.2% for 2024 and 6.6% for 2025
Mumbai: Moody's on Thursday raised India's economic growth forecast to 7.2% for 2024 and 6.6% for 2025, up from its previous estimates of 6.8% and 6.4%, respectively, citing robust and broad-based growth.
PM Modi's smaller mandate can slow India's fiscal tightening: Moody's analyst
With Prime Minister Narendra Modi-led National Democratic Alliance getting a smaller mandate in the recently concluded Lok Sabha elections, reforms that could have potentially facilitated aggressive fiscal consolidation might face obstruction, an analyst at Moody's Ratings said on Wednesday.
Moody's downgrades China's credit rating outlook from 'stable' to 'negative'
Beijing: Ratings agency Moody's on Tuesday revised China's credit rating outlook from "stable" to "negative" due to the increasing debt in the world's second-largest economy.
Moody's affirms Baa3 rating for India; raises concerns over political challenges
New Delhi: Moody's Investors Service on Friday affirmed its Baa3 rating for India and upheld the stable outlook, media reports said.
With GDP surpassing $3.5 trn in 2022, India to be fastest-growing G20 economy: Moody's
New Delhi: India's GDP has surpassed USD 3.5 trillion in 2022 and the country will be the fastest-growing economy within the G-20 grouping in the coming years, US-based rating agency Moody's stated on Tuesday.
Pakistan likely to reel under very high inflation in the H1 of 2023
There seems to be no respite for Pakistan at least in the near future as the country’s economy is likely to reel under very high inflation for quite some time.
Moody's downgrades ratings of four Adani companies
Mumbai: Moody’s Investors Service on Friday downgraded the outlook on four out of the eight Adani Group companies from stable to negative, media reports said.
India's GDP may expand at 9.5 pc in 2022: Moody's
India may grow at 9.5 percent during the current calendar year from 7 percent predicted earlier, Moody's Investors Service said Thursday, citing a stronger-than-expected economic recovery in the post-Covid period from the national lockdown of 2020 and third wave of Covid.
Moody's slashes ratings of several Chinese real estate giants
As many as seven Chinese real estate giants are facing the trouble to borrow money to repay their debts as US credit rating agency Moody recently downgraded their credit ratings.
Moody's downgrades India's rating to Baa3. Check how business community reacted
New Delhi/Mumbai/IBNS: For the first time in more than two decades, Moody's Investors Service, which is the bond credit rating business of Moody's Corporation, has downgraded India's rating from 'Baa2' to 'Baa3' besides estimating the country's Gross Domestic Product (GDP) to shrink by 4 per cent.