Page-3 of Moody’s Investors Service
Moody’s slashed India’s Growth projections to 5.5%
Moody’s Analytics slashed India’s growth projections to 5.5 % for the fiscal year 2012-13. It attributed the cut to inaction by government and poor monsoon. Prior to this, CLSA and Citigroup had slashed their growth forecasts for India to 5.4 ..
Month: Current Affairs - August, 2012
Moody’s rates India’s sovereign credit outlook stable
Global Rating Agency, Moody’s Investment Services has kept India’s sovereign credit outlook stable. As per the agency a slowdown in growth and investment is expected to be transitory. As per its report, certain recent negative trends, lower growth, sluggish investment ..
Month: Current Affairs - June, 2012
Moody’s cut credit outlook of 28 Spanish banks
Global ratings agency Moody’s downgraded the credit ratings of 28 Spainish banks a week after Spain asked for money to aid them. As per the Moody’s Spain’s declined creditworthiness means a fragile credit profile for Spanish banks. Among those who ..
Month: Current Affairs - June, 2012
Current Affairs: November 29, 2011
Presidency University declared CIC Centre declared the prestigious Presidency University the first Cluster Innovation Centre in eastern India. The National Innovation Council has envisaged Cluster Innovation Centres (CIC) as focal points to promote innovation in and around the university system. ..
Month: Current Affairs - November, 2011
Moody’s : India’s GDP Growth 7.5-8%
Global rating agency Moody’s projected India’s GDP growth for the 2011-12 fiscal at 7.5-8% It also mentioned soaring domestic interest rates together with the present global uncertainties as the near-term factors that could affect its economic growth Moody’s also owns ..
Month: Current Affairs - November, 2011
FSLRC asked to review PF and small savings norms
Recently, the Financial Sector Legislative Reforms Commission (FSLRC) has been asked by the government to review of the rules governing Employees Provident Fund Organization (EPFO), government securities and small savings schemes such as public provident fund (PPF) and National Savings ..
Month: Current Affairs - November, 2011
Category: Government Schemes Current Affairs