Moody's News
Fitch backs India’s fiscal path, Moody’s warns tax cuts may slow consolidation
The budget reflects India’s commitment to fiscal consolidation, according to Fitch, but Moody’s said it was concerned about the impact of tax cuts on revenues. Both agencies reaffirmed India’s sovereign ratings amid challenges posed by high debt-to-GDP ratios.
3 min read4 Feb 2025Moody’s upgrades Sri Lanka’s rating to ‘Caa1’ after creditors’ approval of $12.55 billion debt restructuring
Moody’s rating hike action comes after the review, which started last week. The rating upgrade to ‘Caa1’ marks a stable outlook for the island nation of Sri Lanka, reported Reuters.
1 min read23 Dec 2024India to gain from Donald Trump’s presidency, expects Moody’s
Global ratings agency Moody’s signaled that India stands to gain from the President-elect Donald Trump’s administration amid rising tensions between US and China, reported the news portal Hindustan Times on Sunday.
1 min read10 Nov 2024US fiscal health risks increase after Trump election, says Moody’s
USA-ELECTION/MOODYS:US fiscal health risks increase after Trump election, says Moody’s
1 min read9 Nov 2024Ratings agencies warn of downgrade if Boeing strike prolongs
BOEING-LABOR/RATINGS (UPDATE 3, PIX):UPDATE 3-Ratings agencies warn of downgrade if Boeing strike prolongs
2 min read14 Sep 2024Moody’s Ratings upgrades India’s GDP growth forecast to 7.2% in 2024 and 6.6% in 2025
The rating company said it recognised potentially higher growth forecasts for India if the cyclical momentum, especially for private consumption, gains more traction.
3 min read29 Aug 2024Lengthy unrest to hurt Bangladesh growth: Moody’s
Prolonged social unrest, following the protests and departure of Sheikh Hasina government, could continue to weigh on domestic consumption, which accounted for about 66% of GDP in the past five years, Moody’s said in a report.
2 min read12 Aug 2024India GDP growth to slow to 6.1% in CY24 from 7.7% in CY23: Moody’s Analytics
The Asian Development Bank raised India’s GDP growth forecast for FY25 to 7%, from 6.7% earlier, lifted by robust public and private investments and a strong services sector. Last month, Fitch Ratings also raised India’s growth forecast for FY25 to 7% from 6.5%.
2 min read12 Apr 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared