Moody's Current Affairs, GK & News
Moody’s retains India’s Baa3 rating with stable outlook
Moody’s Investors Service recently announced its decision to maintain India’s sovereign credit rating at a minimum investment grade of ‘Baa3’ and continue with its “stable” outlook on the country. Key Points According to Moody’s, India’s economic growth rate in the current financial year will be 7.6 percent as compared to 8.7 percent in the previous ..
Month: current affairs - september, 2022
Category: Economy & Banking Current Affairs - 2022
Topics: Baa3 rating • economic growth rate • GDP • India's credit rating • India's sovereign credit rating • Moody's • Stable Outlook
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 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: India’s growth projection at 9.6 per cent for 2021
Moody’s Investors Service has reduced India’s growth forecast to 9.6 per cent for 2021 from the earlier forecast of 13.9 per cent. According to it, growth will restrict to 7 % in 2022. Highlights Growth forecast was published in its report called ‘Macroeconomics India: Economic shocks from second COVID wave will not be as severe ..
Month: Current Affairs - June, 2021
Category: Economy & Banking Current Affairs - 2022 • Reports & Indexes Current Affairs
Topics: COVID-19 • Economic Crisis • GDP Growth Rate • Growth Projections • India's Growth • Moody's • Moody's Analytics
Fitch Ratings revises India’s growth estimate to 12.8%
American credit rating agency, Fitch, has published its ‘Global Economic Outlook (GEO)’. Fitch has revised GDP growth estimate of India to 12.8% for the fiscal year 2021-2022 from the previous 11%. Ratings were revised in the backdrop of loose fiscal stance, stronger carryover effect, and better virus containment. Key Points Ratings agency finds that level ..
Month: Current Affairs - March, 2021
Category: Reports & Indexes Current Affairs
Topics: Fitch Group • Fitch Ratings • Global Economic Outlook GEO • Moody's • Standard & Poor's