Moody's Investors Service Current Affairs, GK & News

Moody’s upgrades outlook on India’s sovereign rating to Stable

Rating agency Moody’s Investors Service upgraded the sovereign rating outlook of India to stable from negative. Highlights This rating was upgraded citing reduced risks from COVID-19 as well as negative feedback between real economy & financial system. Moddy’s has retained India’s rating at Baa3. It reflects the lowest investment grade rating. Moody’s further expects that ..

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Moody’s: Second Covid Wave Increased Banks’ Asset Risks

According to Moody’s Investors Service, second wave of Covid infections has increased the asset risks for Indian banks. Highlights According to it, second wave of coronavirus infections in India has exacerbated stress on individuals and small businesses. They were hit the hardest by the initial covid-19 outbreak. Thus, there are a number of factors to ..

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Moody’s report on Effect of Coronavirus

Moody’s Investors Service has published a report and stated that, though the businesses and economic activities across the globe have resumed after the pandemic-related lockdowns, but it would be hard for most of the countries to return to their pre-pandemic activity levels till the year 2022. Highlights The report highlights that, the global recovery will ..

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Moody’s revises India’s growth projections to 5.3% for 2020

Global rating agency Moody’s Investors Service has revised downward its growth projections for India to 5.3% for 2020 from its earlier projection earlier this month-5.4%. The latest revision is part of the rating agency’s latest ‘Global Macro Outlook’ report. As per the agency, an extensive crash due to the COVID-19 outbreak will reduce growth to ..

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Moody’s lowers India’s GDP forecast to 5.4% for 2020

American Credit rating agency, Moody’s Investors Service has lowered India’s growth forecast to 5.4 per cent for the year 2020. Earlier, the country’s growth was estimated as 6.6 per cent. Moody’s said in its update on Global Macro Outlook that India’s economy has decelerated rapidly over the last two years and a recovery in the ..

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