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Total 268 results found. Search for [ Moody's Investors Service ]

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New Delhi, September 19, 2018
The debts incurred by IL&FS in the form of bank loans accounted for around 0.5-0.7 per cent of overall banking system loans as on March 31, 2018.

September 18, 2018
The stock closed 17.04% or 23 points lower on the NSE.  On the BSE, the stock closed 16.03%  or 21 points lower at 113 level. The market capitalisation of the stock fell by Rs 5,727 crore to Rs 30,013 crore on the BSE.

September 11, 2018
Today, the market extended losses with the Sensex closing 509 points or 1.34% lower at 37,413. Nifty too fell 150 points or 1.32% to 11,287 level. The Sensex has lost nearly 1,000 points in the last two sessions in a rout triggered by the worsening trade data. The Nifty too has lost 300 points in the same period.

September 10, 2018
Earlier, the Indian currency opened at a fresh record low of 72.18 to the dollar, down 45 paise compared to Friday's close of 71.73 level. The currency witnessed intense volatility and hit all-time low of 72.64 during morning deals.

E Kumar Sharma
New Delhi, August 24, 2018
The Indian GDP hardly has any implication on the Indian IT industry, from a business and growth perspective, since it is an export-led sector.

August 23, 2018
The Indian economy is expected to grow by around 7.5 per cent in 2018 and 2019 as it is largely resilient to external pressures like those from higher oil prices, Moody's Investors Service said today.

August 19, 2018
Rupee last week dropped to a record low of 70.32 to a US dollar as political turmoil in Turkey and concerns about China's economic health continued to support safe-haven assets and weighed on emerging market currencies.

August 7, 2018
During the Budget presentation in February, then Finance Minister Arun Jaitley had projected the fiscal deficit target at 3.3 per cent of GDP for the financial year 2018-19.

June 17, 2018
Pressure has been mounting on the government to cut excise duty on petrol and diesel to bring down their prices which have gone up following a spike in crude prices in the international market.

May 30, 2018
The Sensex slipped over 43 points in volatile trade to close at 34,906 with no respite in selling by investors ahead of May derivatives expiry amid weak global cues.The cut in India's 2018 GDP growth forecast by Moody's also affected sentiment, brokers said.The Sensex opened on a bearish note at 34,876 and slipped further to hit a low of 34,735 largely on sustained foreign fund outflows amid a global sell-off on political uncertainty in Italy and concerns of a possible China-US tr...

May 24, 2018
There seems to be no respite from the boiling fuel prices in the country. On Thursday, the price of petrol touched Rs 85 per litre in Mumbai while diesel was retailing at Rs 72.96.

Karan Dhar & Mudit Kapoor
May 24, 2018
Even as the clamour grows for a cut in central excise duty to bring down skyrocketing petrol and diesel prices, the oil marketing companies (OMCs) seem to have got the most bang for their buck ever since the Modi government came to power.

May 21, 2018
With this move, Moody's has become the second rating agency to downgrade the PNB. Last month, Fitch Ratings on Wednesday downgraded the viability rating of scam-hit Punjab National Bank from BB to BB-. The move was based on similar concerns - negative impact on bank's financials.

April 30, 2018
The agreement capped four years of on-and-off talks between the third and fourth largest US wireless carriers, setting the stage for the creation of a company with 127 million customers that will be a more formidable competitor to the top two wireless players, Verizon Communications Inc and AT&T Inc.

April 12, 2018
The 30-share Sensex resumed higher and advanced to 34,177, but soon slipped on profit-taking to touch a low of 33,924. It finally closed 160.69 points, or 0.47 per cent, higher at 34,101. The index marked its highest closing since February 28 today, when it had closed at 34,184.

April 11, 2018
The move was based on rating agency's assessment of how losses resulting from over Rs 14,000 crore fraud will affect the bank's financials. Fitch also fears that the potential losses will largely consume the recapitalisation money.

New Delhi, February 28, 2018
Moody's Investors Service on Wednesday estimated that India will grow 7.6 per cent in calendar year 2018 and 7.5 per cent in 2019, amid signs of economic recovery from impact of demonetisation and GST.
New Delhi, February 5, 2018
International credit rating agency Moody's in its latest report on India's Union Budget 2018, which was announced on February 1, has said it would benefit corporate, infrastructure and insurance sectors.
February 1, 2018
Meanwhile, Sensex and Nifty have logged spectacular rally rising 6.37% (2152 points) and 5.84% (609 points) since the beginning of this year on FII inflows, Q3 corporate earnings and Budget 2018 expectations.

January 25, 2018
The government last October said it would inject a total of 2.11 trillion rupees into its state-run lenders over two years. The 881.4 billion rupees announced on Wednesday will be injected by March, while the rest will be doled out over the next fiscal year.

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