However, India's public sector banks will continue to face capital shortages as their profitability remains weak given high credit costs, leaving them vulnerable to any unexpected stress, the agency said.
Henry McKinnell who has been the former chief executive of pharmaceutical company Pfizer and also visiting India frequently since the 1970s said the increase in Covid cases in Asia’s third-biggest economy means its revival
Yes Bank share price was trading at Rs 64.70 apiece on BSE, up 66.31 per cent. The private lender’s share price has risen 1,069 per cent from its 52-week low of Rs 5.55 touched in the intraday trade on March 6, 2020.
Moody's Investors Service has revised to negative from stable the outlook on the Ba3 corporate family rating and senior unsecured rating of Tata Power, days after the company said it will buy Welspun Renewable Energy at an en
In a statement Moody's said the transmission will depend on a range of factors like the effectiveness of the monetary policy framework in maintaining inflation at moderate levels could be tested this year.
Lower remittances from Gulf nations, which have been hit hard by the slump in oil prices, will cut the benefits of cheaper oil imports for several Asia Pacific countries including India, Moody's Investors Service said today.
Net FDI inflows into India hit an all-time high in January 2016, at $3.0 billion on a 12-month moving average basis. India's current account deficit (CAD) is now more than covered by its FDI inflows. "The rise in FDI points t
Rising foreign direct investment (FDI) inflows and low commodity prices continue to narrow India's external financing needs and mitigate the risk of a potential widening of the current account deficit (CAD) related to weakeni
Global oil and gas prices are likely to remain at current lows for several years, with oil dropping to USD 25 per barrel if Iranian production more than offsets supply cuts elsewhere, Moody's Investors Service said today.
Union Budget 2016: Days ahead of the Union Budget, Moody's Investors Service today said India's fiscal metrics will remain weaker than its peers in the near term even if Finance Minister Arun Jaitley was to stick to fiscal co
The firm, however, warned the generally robust economic environment is constrained by "banks' balance sheet repair and elevated corporate debt" and corporate pricing power being limited by the impact on food price inflation a