Moody's Investors Service Current Affairs, GK & News
Downgrade in Russia’s Ratings
Following severe sanctions implemented on Russia by the western countries, Moody’s and Fitch downgraded the country’s sovereign rating to ‘junk’ grade. Overview: Russia’s long-term issuer and senior unsecured (local and foreign-currency) debt ratings have been downgraded to ‘B3′ from ‘Baa3’ by Moody’s Investors Service. Fitch meanwhile has downgraded Russia’s rating to ‘B’ from ‘BBB’, putting ..
Month: Current Affairs - March, 2022
Category: Economy & Banking Current Affairs - 2022 • International / World Current Affairs
Topics: Fitch • Moody • Moody's Investors Service • Rating Watch Negative • Russia • Russian Economy
Moody’s India Growth Forecast- Update
The GDP growth prediction for India has been raised by Moody’s Investors Service. The prediction for the current financial year has been raised to 9.5 percent from 7 percent. Overview: The GDP forecast has been increased citing an economic recovery that has been stronger than expected starting from the national lockdown of 2020 to the ..
Month: Current Affairs - February, 2022
Category: Economy & Banking Current Affairs - 2022
Topics: Fitch Group • GDP • Monetary Policy • Moody's • Moody's India Growth Forecast • Moody's Investors Service • RBI • Standard & Poor
Moody’s projection of India’s economic growth
On November 25, 2021, Moody’s Investors Service highlight that, India’s rising vaccination rate, high public spending and low interest rates are driving the positive outlook for corporate sector and non-financial companies. Highlights Moody’s now projects that, India’s economic growth will rebound strongly. India’s GDP will expand by 9.3% in the financial year 2021-22. GDP will ..
Month: Current Affairs - November, 2021
Category: Economy & Banking Current Affairs - 2022
Topics: Economic growth • Gross Domestic Product (GDP) • Moody's Investors Service
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 ..
Month: Current Affairs - October, 2021
Category: Economy & Banking Current Affairs - 2022 • International / World Current Affairs
Topics: GDP Growth Rate • India's Growth • Moody's • Moody's Analytics • Moody's Investors Service
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 ..
Month: Current Affairs - August, 2021
Category: Economy & Banking Current Affairs - 2022
Topics: COVID-19 • Moody's • Moody's Analytics • Moody's Investors Service • Second wave of Covid-19
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 ..
Month: Current Affairs - March, 2021
Category: Reports & Indexes Current Affairs
Topics: COVID-19 • Moody's • Moody's Investors Service • Moody's report on Effect of Coronavirus