Moody's Ratings on Tuesday slashed India's GDP growth forecast for year 2026 by 0.8 percentage points to 6 per cent amid higher energy costs. The cut in growth forecast is primarily on subdued private consumption, capital formation, and industrial activity amid higher energy costs.
Moody's Ratings on Friday said the steep 50 per cent tariffs on Indian imports by US President Donald Trump could severely undermine India's manufacturing ambitions and slow economic growth.
Moody’s Ratings on Tuesday said that India will remain central to global automakers’ strategies in the coming years, driven by a young and growing working-age population and rising incomes.
Wall Street pundits and investors are schizophrenic about the dollar. The dollar weakened after Moody’s cut the US credit rating by one notch from Aaa (the highest rating — to Aa1, attributing the downgrade to the increasing fiscal deficit, as well as the rising interest rate costs on Federal government debt.
The global ratings agency, Moody’s Ratings, in its new report, highlighted that companies trying to set up manufacturing facilities outside of China could have significant upside for Indian ports as well.
Yes Bank with a high 2.54% followed by Indiabulls Hsg 1.67%, IRCTC 3.96% were the top gaining active shares on the BSE.
At 1027 hours the Sensex slipped 0.14% to 40594.95 points, while Nifty was hovering 0.19% low at 11,988.70 points. IndusInd Bank was the top gainer in the early trade, up by 2.61% on the BSE.
"Of the three plausible scenarios for US-China trade tensions, the risk of a 'hardened stance' scenario has increased," Moody's said
The exclusion of IndiaBulls Housing Finance will take effect from September 27.
Moody’s Investors Service on Thursday said the government’s Rs 2.11 lakh crore capital infusion in PSU banks would narrow the…
