Moody's upgrades India's rating: A lasting win for Narendra Modi government or is it too early to celebrate?

The rating upgrade of India's sovereign rating by Moody's has flared up financial markets. But it's not time yet to cheer. Here's why.

Suzuki, Toyota to spearhead India’s electric mobility programme; to introduce electric cars in country by 2020

India is the world's fifth biggest car market, and car companies see a lot of potential considering the Indian government's ambitious plans to convert the entire vehicle fleet in the country to electric by 2030.

GST at restaurants: Your dining bills might come down but just a bit

The big burger you eat, every weekend, will not be substantially cheaper after the new GST slab of 5 per cent on eating out at restaurants - it was 18 per cent earlier considering you splurged in an air conditioned restaurant.

Moody's praises government reforms, expects 6.7% GDP growth this fiscal

The decision to upgrade the ratings is underpinned by agency's expectation that continued progress on economic and institutional reforms will enhance India's high growth potential and will contribute to a decline in the government debt.

Arun Jaitley tells critics to introspect after Moody's thumbs up to India credit ratings

Moody's has upgraded India's ratings to Baa2 from Baa3 and changed the outlook on the rating to stable from positive after a gap of 13 years. India's sovereign credit rating was last upgraded in January 2004 to Baa3 (from Ba1).

Sat Nov 18 12:03:04 IST 2017
 

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