Moody's upgrade to benefit financial sector the most: Bankers

Describing the rating upgrade, which came after a gap of 13 years, as a "re-affirmation of how the world views India, and a long pending step," State Bank chairman Rajnish Kumar said this is "a thumbs up to the various reform measures and will bring the cost of foreign borrowings automatically down."

Nov 17, 2017, 21:14 PM IST

India may not have to wait 13 years for next upgrade: SBI report

Finance Minister Arun Jaitley has termed the upgrade as a "belated recognition" of reforms in the last few years, and vowed to continue them while maintaining fiscal discipline.

Nov 17, 2017, 18:08 PM IST

Let's celebrate Moody's by damning Standard and Poor's: Yashwant Sinha

Pinning faith in India's progress on the economic front, Moody's Investor Services on Friday upgraded the country's ratings for the 1st time since 2004.

Nov 17, 2017, 17:47 PM IST

Piyush Goyal vows continued good governance on Moody's rating cheer

The US-based Moody's has upgraded India's sovereign rating after a gap of 13 years to Baa2 with a stable outlook. The rating action implies India is investment grade with moderate credit risk, which is two notches above the junk grade.

Nov 17, 2017, 17:09 PM IST

Stocks build on Moody's India upgrade, Sensex up 236 points

The 50-share Nifty after racing past the key 10,300-mark during the day gave up some ground to close up 68.85 points, or 0.67 per cent, at 10,283.60.

Nov 17, 2017, 16:10 PM IST

Modi govt clutching at straws to reclaim lost credibility: Congress

Congress communications in-charge Randeep Surjewala also sought to downplay Moody's rating upgrade of India, saying the same agency had miscalculated US subprime mortgages before the economic meltdown.

Nov 17, 2017, 16:03 PM IST

Moody's upgrade positive signal for economy: Shaktikanta Das

Large number of reforms have happened in India in the last three years - economic, structural, and institutional. All measures have been on track. 

Nov 17, 2017, 15:55 PM IST

India's rating upgrade reflects growth story: NITI Aayog

The US-based Moody's upgraded India's sovereign rating after a gap of 13 years to Baa2, with 'stable' outlook, from Baa3 earlier, citing improved growth prospects driven by economic and institutional reforms.

Nov 17, 2017, 13:27 PM IST

Moody's rating upgrade lets Arun Jaitley take a dig: 'Those who doubted India's reform process need to introspect'

Arun Jaitley said that Moody's upgrading India's rating firms India's determination to follow the reform process that the government is working on.

Nov 17, 2017, 13:02 PM IST

Moody's credit rating: Why it matters to govts around world

The company ranks the creditworthiness of borrowers using a standardized ratings scale which measures expected investor loss in the event of default. Moody's Investors Service rates debt securities in several bond market segments.

Nov 17, 2017, 12:07 PM IST

Moody's upgrades India's credit rating to Baa2 from Baa3, after 13 years

This segment of Zee News brings to you latest news global ratings agency Mood's which has upgraded India's ranking from Baa2 from Baa3. Watch this clip to know more.

Nov 17, 2017, 11:27 AM IST

Sensex opens 414 points higher after Moody's ups India rating

Banking behemoth SBI rallied 2.94 per cent while private peers ICICI Bank, Axis Bank, Yes Bank and IndusInd Bank soared up to 3.07 per cent.

Nov 17, 2017, 11:05 AM IST

Modi govt's good work stands vindicated by Moody's upgrading India's ratings: Amit Shah

Elated over the rating agency upgrading India, Amit Shah said it is a proof of Narendra Modi government's good work.

Nov 17, 2017, 10:57 AM IST

In a big boost to Narendra Modi govt, Moody's raises India's rating, hails GST

The rating agency said that the reforms will improve the business climate in the country and raise productivity. 

Nov 17, 2017, 08:19 AM IST

Moody's cuts RIL credit outlook to stable but affirms ratings

For the quarter to September, RIL, which has a Rs 6 trillion market capitalisation, saw its cash pile falling to Rs 77,014 crore at the same time its debt swelled to Rs 2,14,145 crore from Rs 1,96,601 crore.

Nov 05, 2017, 13:15 PM IST

With 6% growth, India to surpass China as fastest growing oil market in 2018: Moody's

It also says China and India growth will ensure that Asian refining margins will remain firm, thereby supporting the earnings growth. Since October 2014m Moody's has been having stable outlook for the sector.

Oct 03, 2017, 18:35 PM IST

China's fifth-largest bank downgraded to junk status

China's fifth-largest state-owned bank has had its credit rating downgraded to junk status by Moody's, the latest sign of fragility in the country's financial system.

Sep 07, 2017, 18:24 PM IST

Moody's says G20 GDP growth to exceed 3%, warns of geopolitical risks

Moody`s Investors Service kept its forecast for G20 economic growth at just over 3 percent for this year and next, but warned of geopolitical risks, US protectionism and spillovers from global monetary tightening and China`s deleveraging measures.

Aug 30, 2017, 10:09 AM IST

'Sans fund infusion, PSB mergers won't improve capitalisation'

The Union Cabinet's decision to speed up the merger of public sector banks (PSBs) will not improve their weak capitalisation without capital infusion from the government, Moody's Investors Service said on Monday.

Aug 28, 2017, 13:40 PM IST

Pakistan risks policy continuity after Sharif's ouster: Moody's

Pakistan risks macroeconomic instability due to the "heightened" political uncertainty and "strife" among government branches after Nawaz Sharif's ouster as prime minister, an international rating agency has warned.

Aug 02, 2017, 17:25 PM IST