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Moody’s

After Fitch, now Moody's downgrades Azure Power's bond rating

Infrastructure

After Fitch, now Moody's downgrades Azure Power's bond rating

Ratings giant Moody's Investors Service has cut its bond rating for CDPQ-backed Azure Power to 'Ba3' from 'Ba2', a day ......

S&P expects India's economy to contract 9% in FY21

Economy

S&P expects India's economy to contract 9% in FY21

S&P Global Ratings said on Monday that it was expecting India's economy to shrink by 9% in the fiscal year ......

India needs to look beyond what rating agencies think: Raghuram Rajan

Economy

India needs to look beyond what rating agencies think: Raghuram Rajan

Former Reserve Bank of India governor Raghuram Rajan said on Thursday that overly focusing on what sovereign rating agencies think ......

Moody's India arm ICRA hires former L&T exec as CEO

Finance

Moody's India arm ICRA hires former L&T exec as CEO

Ratings firm ICRA Ltd, the local arm of global giant Moody’s, has appointed a former Larsen & Toubro Ltd executive ......

India's pursuit of global investors hits turbulence

Finance

India's pursuit of global investors hits turbulence

India’s ambition to attract more foreign money into its financial markets is being buffeted again, having only just started to ......

Foreigners sell Indian bonds in May, buy in other Asian markets

Markets

Foreigners sell Indian bonds in May, buy in other Asian markets

Indian bonds faced sharp foreign outflows in May on worries about rising domestic coronavirus infections, while other Asian fixed income ......

S&P affirms India's long-term sovereign credit rating, outlook

Finance

S&P affirms India's long-term sovereign credit rating, outlook

Standard and Poor's affirmed its rating on India's long-term foreign and local currency sovereign credit at the lowest investment-grade level ......

Budget math changes as govt increases FY21 borrowing by 54%

Economy

Budget math changes as govt increases FY21 borrowing by 54%

The Indian government plans to borrow 12 trillion rupees ($160 billion) in the fiscal year to March 2021, up from ......

India may see 0% GDP growth this fiscal year: Moody's

Economy

India may see 0% GDP growth this fiscal year: Moody's

The impact of the coronavirus outbreak will exacerbate the material slowdown in India’s economic growth, with the country expected to ......

Emerging-market index shake-out may follow trading turmoil

Markets

Emerging-market index shake-out may follow trading turmoil

Disruption in emerging and frontier markets has strained liquidity and disrupted trading functions, triggering what could become a shake-out in ......