Bold reforms needed for 6-7% GDP growth: Ratings agencies
Pitching for bold reforms, two top global rating agencies Monday said the government needs to effectively implement its macro-economic and structural reform agenda for growing between 6-7 percent in coming years.
Dec 08, 2014, 23:50 PM IST
Policy reform to support India's growth potential: Moody's
The outlook for India's rating would improve if fiscal, inflation and infrastructure metrics get better, a global report said.
Dec 08, 2014, 22:07 PM IST
Asian markets mixed, energy firms recover on oil bounce
Tokyo eased 0.10 percent as the yen edged up against the dollar, while analysts said dealers were unfazed by a decision by Moody`s to downgrade Japan`s credit rating.
Dec 02, 2014, 08:21 AM IST
Moody's projects July-Sept quarter GDP growth at 5.3%
Ratings agency Moody's expects the country's GDP to grow at 5.3 per cent in the July-September quarter of the current fiscal, better than 4.8 per cent clocked in the year-ago period.
Nov 27, 2014, 13:45 PM IST
Moody's cuts IOB financial strength rating on higher bad loans
The Chennai-headquartered bank reported a sharp increase in gross non performing assets at 7.35 percent for September quarter as against 5.84 percent in the year-ago period.
Nov 26, 2014, 22:41 PM IST
Speedy reforms good for India's sovereign rating: Moody's
Rating agency Moody's Investors Service Wednesday said the sovereign outlook for the country remains stable at Baa3, but future rating trends depend on the reform measures taken by the government.
Nov 26, 2014, 21:03 PM IST
IOC's credit profile to improve: Moody's
State-run Indian Oil Corp, which posted weak financial results for the July-September quarter, will see improvement in its credit profile because of diesel price deregulation and falling crude oil rates, Moody's has said.
Nov 24, 2014, 18:18 PM IST
India to see sustained, robust growth in next 2 yrs: Moody's
International ratings agency Moody's said Monday it expects India to witness "sustained robust growth" over the next two years.
Nov 10, 2014, 21:07 PM IST
Moody's says Bharti Q2 numbers credit positive
Global rating agency Moody's Tuesday said the second quarter earnings of Bharti Airtel are credit positive while suggesting the company reduce its consolidated adjusted debt/Ebitda to below 2 times.
Nov 04, 2014, 21:46 PM IST
Recent policy changes, RBI steps to help rating profile: Moody's
The report further notes that together these measures will harness the country's economic advantages of size, diversity and a deep pool of labour and savings.
Oct 30, 2014, 16:47 PM IST
Moody's retains negtive outlook on banks for highcorp leverage
International rating agency Moody's Wednesday retained its negative outlook on the domestic banking system, citing high leverage in the corporate sector that may prevent any meaningful recovery in asset quality.
Oct 29, 2014, 14:58 PM IST
Tata Steel's recent plans credit positive: Moody's
Tata Steel's decision to sell its long product business in the UK and its bank debt refinance plan will be credit positive and alleviate funding pressure, Moody's Investors Service said on Monday.
Oct 20, 2014, 13:33 PM IST
Moody's downgrades Russia's credit rating to Baa2
Ratings agency Moody`s downgraded Russia`s credit rating to Baa2 from Baa1 citing poor growth prospects, the Ukraine crisis and sanctions as well as capital flight.
Oct 18, 2014, 08:39 AM IST
RIL credit metrics to remain stable over 12 mths: Moody's
Moody's Investors Services Thursday said Reliance Industries' credit metrics will remain stable over the next 12 months on the back of strong earnings contribution across the refining and petrochemical segments.
Oct 16, 2014, 19:45 PM IST
Moody's withdraws 'Baa3' rating on Life Insurance Corporation
Global rating agency Moody's Investors Service Monday said it has withdrawn the 'Baa3' insurance financial strength rating of the Life Insurance Corporation (LIC).
Oct 13, 2014, 22:41 PM IST
State-run banks need $37 bn in fresh capital to meet Basel III
Public sector banks in India will need to raise up to USD 37 billion over the next 4-5 years to meet Basel III compliance norms, credit rating agency Moody's said Monday.
Sep 22, 2014, 17:11 PM IST
Moody's keeps France on negative outlook
Moody said France`s still manageable debt burden justified keeping the rating where it is, even as the country struggles.
Sep 20, 2014, 08:40 AM IST
Moody's confirms Britain's 'Aa1' rating
Ratings agency Moody`s confirmed Britain`s credit rating at "Aa1", saying that Scotland`s rejection of independence has preserved the strengths of the country`s institutions and financial system.
Sep 20, 2014, 08:37 AM IST
GDP to improve to 5.2% in 2014: Moody's
Rating agency Moody's on Wednesday said the downside risks to the economy have receded and prospects have brightened with growth rate expected to accelerate to 5.2 percent in 2014 and 6.5 percent by end of 2015.
Sep 10, 2014, 22:07 PM IST
Revised Basel-III norms credit positive for banks: Moody's
International rating agency Moody's Investor Service said Monday that the recent Reserve Bank of India (RBI) relaxations on Basel-III compliant bonds are "credit positive" for banks to raise money.
Sep 08, 2014, 18:02 PM IST
