Search For "global economic"
Fitch slashes India growth forecast to below 1 pc this year
Updated : 5 years, 10 months ago IST
London [UK], April 23 (ANI): Fitch Ratings has made further large cuts to global GDP forecasts in its latest Global Economic Outlook (GEO) in response to coronavirus-related lockdown extensions and incoming data flows, saying the Indian economy is expected to grow at below one per cent this
Read More
Moody's reviews Tata Steel's Ba2 CFR, downgrades Tata Steel UK to B3
Updated : 5 years, 11 months ago IST
Singapore, April 16 (ANI): Moody's Investors Service has placed under review for downgrade Tata Steel Ltd's Ba2 corporate family rating (CFR).
Read More
Sitharaman takes part in virtual session of G20 finance ministers, central
Updated : 5 years, 11 months ago IST
New Delhi [India], April 15 (ANI): Finance Minister Nirmala Sitharaman participated in the virtual session of the second G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under the Saudi Arabian Presidency on Wednesday to discuss the global economic outlook amid COVID-19 pa
Read More
Incredible stories of hope and human spirit emerging amid COVID-19: Adani
Updated : 5 years, 11 months ago IST
Ahmedabad (Gujarat) [India], Apr 15 (ANI): Chairman of diversified conglomerate Adani Group, Gautam Adani, said on Wednesday that India's domestic economy has always stood as a great shield in protecting the country from global economic headwinds and will continue to do so despite rising con
Read More
Moody's reviews JSW Steel for downgrade
Updated : 5 years, 11 months ago IST
Singapore, April 14 (ANI): Moody's Investors Service on Tuesday placed under review for downgrade JSW Steel's Ba2 corporate family rating and the Ba2 senior unsecured rating.
Read More
Moody's takes rating actions on three Indian NBFCs
Updated : 5 years, 11 months ago IST
Singapore, April 14 (ANI): Moody's Investors Service has taken rating actions on three Indian non-banking financial companies (NBFCs).
Read More
ADB assures $2.2 billion support package to India for battling COVID-19
Updated : 5 years, 11 months ago IST
Manila [The Philippines], April 10 (ANI): Asian Development Bank (ADB) President Masatsugu Asakawa on Friday assured Finance Minister Nirmala Sitharaman of 2.2 billion dollars (about Rs 16,820 crore) support to India in its fight against novel coronavirus disease (COVID-19) pandemic.
Read More
Moody's takes rating actions on four Indian financial institutions
Updated : 5 years, 11 months ago IST
Singapore, April 3 (ANI): Moody's Investors Service on Friday affirmed the deposit ratings of ICICI Bank and Axis Bank at Baa3, and of IDBI Bank at Ba2.
Read More
Rising probability that large parts of world will slip into recession due
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Mar 27 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that Monetary Policy Committee (MPC) has taken note of the global economic activity coming to a near standstill due to the coronavirus pandemic and added that large parts of the
Read More
Moody's places Hyderabad Airport's rating on review for possible downgrade
Updated : 5 years, 11 months ago IST
Singapore, Mar 26 (ANI): Moody's Investors Service has placed GMR Hyderabad International Airport Ltd's (HIAL's) Ba1 corporate family rating on review for possible downgrade.
Read More
COVID-19, dimmed global outlook weigh heavily on emerging East Asian bonds
Updated : 5 years, 11 months ago IST
Manila [The Philippines], Mar 25 (ANI): The novel coronavirus (COVID-19) pandemic and deepening global economic uncertainty are weighing heavily on local currency bond markets of emerging East Asian economies, according to the latest issue of the Asian Development Bank's (ADB) Asia Bond Moni
Read More
COVID-19 a global economic tsunami, millions of job losses likely: Moody's
Updated : 5 years, 11 months ago IST
New York [USA], Mar 24 (ANI): COVID-19 has created a worldwide economic tsunami and the global economy is engulfed in a serious downturn, according to Moody's Analytics.
Read More