Tag: Moody

Moody’s cuts India growth forecast for 2021 to 9.6 pc

New Delhi, Jun 23:  Moody’s Investors Service on Wednesday slashed India’s growth projection to 9.6 per cent for 2021 calendar year, from its earlier estimate of 13.9 per cent, and said faster vaccination progress will be paramount in restricting economic losses to June quarter In its report titled […]

Moody’s cuts India’s outlook to ‘negative’, citing rising growth risks

BENGALURU – Moody’s Investors Service cut India’s ratings outlook to “negative” from “stable”, citing increasing risks that Asia’s third largest economy will grow at a slower pace than in the past, sending stock markets nearly 1% lower at Friday’s close. The cut in outlook partly reflected government and […]

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