Page 4 - Moody's Rating

Moody's cuts Hong Kong rating citing weakening of autonomy due to China

The rating downgrade is a major blow to Hong Kong's pro-Beijing leader Carrie Lam, who has struggled to end more than seven months of huge and often violent pro-democracy protests.

Moody's places YES Bank's long-term foreign currency rating under review

The Baseline Credit Assessment was also downgraded to 'Caa2' from 'B3'

Rising sea levels pose long-term risk to sovereign credit ratings: Moody's

'Vulnerability to extreme events related to sea level rise can also undermine investment'

S&P reaffirms India's sovereign rating at BBB- with stable outlook

Global rating agency S&P has reaffirmed sovereign rating of India with stable outlook, Economic Affairs Secretary Atanu Chakraborty said on Tuesday. The rating action comes weeks after another global agency Moody's Investors Service lowered the country's rating outlook to "negative" from "stable". "S&P has reaffirmed sovereign rating of India at BBB- with stable outlook. They have stated that India's economy continues to achieve impressive long-term growth rates despite a recent deceleration," Chakraborty said in a tweet. 'BBB' signifies adequate capacity on an entity to meet its financial commitments. However, adverse economic conditions or changing circumstances are more likely to weaken its capacity to meet financial commitments. The rating action comes at a time when the government is facing flak from opposition parties for not doing enough to check the slide in economic growth, which hit six year lower low of 4.5 per cent in the second quarter of the current ...

Weak market may cause challenges for JLR in FY21 as well: Moody's

Tata Motors-owned JLR operates six sites in the UK, one in Slovakia and has a joint venture (JV) in China

Moody's affirms Reliance Industries' rating with a stable outlook

The rating reflects significant improvement in RIL's scale and business mix over the past two years

Amid economic slowdown, Moody's lowers India's 2019 growth forecast to 5.6%

Revises prediction from 6.2%, says slump lasting longer than expected

Moody's affirms Reliance Industries' Baa2 ratings with 'stable' outlook

RIL's Jamnagar refinery complexity increased to 21.1 as of March 2019 from 12.7 as of March 2018

Akhilesh targets BJP over Moody's cutting India's credit rating outlook

"Actually, under the failed BJP government, agriculture and farmers are dying, as are the product and services sectors," he said

Moody's cuts India's credit outlook to negative; govt not convinced

Outlook downgrade comes 2 yrs after ratings upgrade. Govt says fundamentals remain strong

Sensex falls 330 points on Moody's India outlook downgrade, rupee tumbles

Market players said Moody's outlook underscored some of the marco concerns

Moody's rating action unjustified; experts for aggressive rate cut by RBI

Given the economic slump, most economists have lowered their FY20 growth estimates and expect the RBI to be more aggressive in cutting rates going ahead

Moody's downgrades outlook on SBI, Infosys, HDFC Bank, and 11 others

Borrowing costs from overseas markets may not see substantial jump

Prudent spending, higher revenue may revive Indian economic growth: DBS

Moody's decision to change the outlook to negative reflects increasing risks that economic growth will remain lower

Moody's lowers outlook for SBI, HDFC Bank, 4 other financial institutions

The outlook was revised down for EXIM India, HDFC Bank, Hero FinCorp, HUDCO, IRFC, and SBI

Moody's outlook cut: Rupee opens on cautious note, falls 30 paise to 71.27

Weak opening in domestic equities also weighed on the domestic currency, however, sustained foreign fund inflows and easing crude oil prices capped the losses, forex traders said.

Why experts feel Moody's outlook downgrade for India is unjustified

Economists say that though Moody's cut is not really justified at this point, the move is a grim reminder of the state of the economy and the need to accept that all is not well

Economy's fundamentals remain robust: FinMin on Moody's change in outlook

Quoting IMF's latest World Economic Outlook, the finance ministry said that the Indian economy is set to grow at 6.1 per cent in 2019, picking up to 7 per cent in 2020

Moody's downgrades Motherson Sumi outlook to negative on weak performance

The company's European operations accounted for more than 40 per cent of the company's consolidated revenue in the fiscal year ending March 2019

12.5% cut in natural gas price is credit negative for ONGC: Moody's

The decline in natural gas revenue and earnings will have a limited effect on ONGC's metrics for fiscal 2020