"moodys"

US President Donald Trump has postponed by three months the imposition of reciprocal tariffs, with the exception of China, on whom a 125 per cent tariff has been slapped. However, a 10 per cent additional duty on exports to the US will continue

Moody's Ratings stated that the indictment of Adani Group's chairman and other senior officials on bribery charges is "credit negative" for the group's companies. Billionaire Gautam Adani has been accused by U.S. prosecutors of participating in a scheme to pay over $250 million (approximately ₹2,100 crore) in bribes to Indian officials to secure favorable terms for solar power contracts.

Says consensus building in coalition government, reduced stability to slow decision making

Economic activity in China appeared to improve in August, with data released on Friday suggesting a downturn in growth may be stabilising

Moody's Investors Service has warned that Pakistan's ability to secure loans from bilateral and multilateral partners will be severely constrained

India and China are expected to drive the investment in low carbon emissions in the Asia Pacific Region

Chennai: With gloomy global economic outlook, Moody’s Investors Service turned moody on Friday and cut 2022 gross domestic product (GDP) projections for India to 7 per cent and projected 2023 at 4.8 per cent. The global credit rating agency has also lowered the economic growth expectations of several other countries — advanced and emerging economies. […]

Flagging low innoculation rate, it said faster vaccination progress will be paramount in restricting economic losses to the current quarter.

Lower domestic demand in end-user industries will also reduce capacity utilization for heavy industries like steel, cement, and metals and mining.

Core inflation is likely to see a more controlled rise in 2021, although food-price or fuel-driven inflation can become a recurring factor, weighing on household disposable income. 

The very purpose of nationalisation in India — serving the unbanked and under-banked — is yet to be achieved and financial inclusion cannot afford the luxury of complete privatisation

For current fiscal, the US-based rating agency expects the economy to contract 7 per cent, lower than its previous estimate of 10.6 per cent contraction.

It said the affirmation and change in outlook to stable reflect Muthoot's steady credit profile despite the economic contraction caused by coronavirus pandemic.

It now estimates a growth of 10.8 per cent from a rise of 10.6 per cent, which was predicted earlier.

Oil companies left with little cash to meaningfully invest in low carbon alternatives