Finance Ministry raises concerns over Moody's methodology, says it ignored reforms by Modi government
Questioning the methodology adopted by Moody's, Finance Ministry on Thursday said the global agency has ignored reforms initiated by the government and it should not wait "till infinity" for them to take root before upgrading the country's sovereign rating.
Sep 22, 2016, 15:02 PM ISTMay consider rating upgrade if reforms come through: Moody's
Global rating agency Moody's Investors Service today said it could consider India for a rating upgrade if the government is successful in introducing more growth enhancing economic and institutional reforms.
Aug 21, 2016, 12:37 PM ISTFitch, Moody's say India ratings not impacted by foreign outflows
Meanwhile, Moody`s, which revised India`s "Baa3" sovereign rating outlook to "positive" from "stable" last month, said its outlook reflects a 2-5 year horizon, rather than near-term growth outlook.
May 08, 2015, 10:23 AM ISTStocks climb as Moody's upgrades India outlook; rupee steady
Bolstered by Moody's upgrading India's rating outlook to 'positive' from 'stable' Thursday, the benchmark BSE Sensex surged over 177 points to close at near four-week high of 28,885.21 as lenders led the rally, however, rupee ended flat against the dollar.
Apr 09, 2015, 19:48 PM IST