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
The greatest challenge facing the Indian economy is exposure to external shocks such as interest rate hike in the US and slowdown in China, and the risk has risen since last year, a Moody's poll said today.
Moody's Investors Service Associate MD (Sovereign Risk Group) Atsi Sheth said a rise in corporate profits and bounce back in government revenues hold key to India meeting 3.5 per cent fiscal deficit target in 2016-17.
While maintaining that it expects the country to be the world's fastest growing major economy this year, Moody's believes that the market trends will depend on whether inflation remains under control and corporate profits rev
Global oil and gas prices will remain weak in 2016 on continued oversupply that will result in at least 20-25 per cent reduction in capital spending in upstream oil and gas exploration and production, Moody's Investors Servic
Global agency Moody's today downgraded the outlook on Tata Steel from Stable to Negative on account of persistent weakness in the global commodity prices and resulting negative impact on the steelmaker.
The UK will take up with Prime Minister Narendra Modi the warning by Moody's Analytics that there has been a rise in ethnic tensions in India, during his visit to the UK next week, Foreign Secretary Philip Hammond said.
Moody's Analytics today stood by its report that had asked Prime Minister Narendra Modi to keep BJP members in check or risk losing global credibility and said it was part of its 'economic outlook series', a day after the gov
Government today dismissed a recent report quoted to Moody's Analytics, saying it was the personal opinion of a junior analyst which was passed off as a commentary on India by a rating agency "by the media to buttress the nar
The stable outlook on India's banking system over the next 12-18 months reflects our expectation that the banks' gradually improving operating environment will result in a slower pace of additions to problem loans, Moody's sa
India's gross domestic product (GDP) likely grew around 7.3% in the July-September quarter, up from 7% in the first quarter of FY16, but it remained below the country’s potential, Moody's Analytics said.
JSW Steel’s ratings outlook has been changed to “negative” from “stable” by Moody’s Investor Services on sharp fall in steel prices and its resultant impact on the company's credit profile, even as it affirmed the
Forecasting that India will clock the highest growth rate of 7-7.5 per cent among G20 economies in 2015 and 2016, Moody's Investors Service today said the country is less exposed to external shocks, and the positive rating ou