Thu, Sep 01, 2022
In its update to Global Macro Outlook 2022-23, Moody's said India's central bank is likely to remain hawkish this year and maintain a reasonably tight policy stance in 2023 to prevent domestic inflationary pressures from building further.
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Sun, Jun 17, 2018
Rating agency Moody's has sounded a note of caution that any reduction in excise duty on petrol and diesel would adversely affect fiscal deficit unless it is matched by a commensurate cut in expenditure
Sat, Nov 25, 2017
Market observers were of the view that investors awaited the comments from another ratings agency Standard & Poor`s (S&P) that came later on Friday evening.
Fri, Nov 24, 2017
The S&P said it welcomed government reforms, including the rollout of GST and a planned $32 billion capital infusion into its struggling state-run lenders, and predicted that the country`s economy would "grow robustly" in 2018-2020.
Fri, Nov 17, 2017
The BSE ended the day 235.98 points higher at 33,342.80. Led by the gain in the stock market, the total market capitalisation of BSE-listed companies surged by Rs 1,71,489.22 crore to Rs 1,44,90,494 crore.
Critics may question the timing, the upgrade will create a positive environment for economic and institutional reform roadmap
The higher rating by Moody’s has given investors a reason to cheer as markets opened in green on Friday.
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