Singapore, May 19 (ANI): Stimulus measures announced by the government last week as part of a Rs 20 lakh crore economic package will help ease asset risks for the financial sector but not fully offset the negative impact from coronavirus outbreak, Moody' s Investors Service said on Tuesday.
Singapore, May 19 (ANI): Disruptions from the coronavirus outbreak will worsen economic slowdown in India that has been underway in the past year, accelerating the deterioration in asset quality at non-bank financial institutions (NBFIs), Moody's Investors Service said on Tuesday.
New Delhi [India], May 15 (ANI): NITI Aayog member Ramesh Chand on Friday termed three reforms in agriculture sector as a 'gamechanger' and asserted that amendments in the Essential Commodity Act (ECA) will remove the fear of investors from investing in agriculture.
Singapore, May 15 (ANI): Moody's Investors Service has changed its outlook for the Indian power sector to negative from stable on declining power demand, payment delays and an adverse impact from government measures that favour consumers over utility companies.
Mumbai (Maharashtra) [India], May 12 (ANI): Equity benchmark indices traded lower during early hours on Tuesday tracking weakness in Asian markets as investors became anxious about the second wave of coronavirus infections in China.
Mumbai (Maharashtra) [India], May 11 (ANI): Equity benchmark indices traded higher during early hours on Monday in line with positive global cues as investors hoped for more economies reopening and easing of lockdowns.
Hong Kong, May 8 (ANI): Moody's Investors Service said on Friday that an upgrade of its India's rating at Baa2 negative is unlikely in the near term due to economic shock triggered by coronavirus outbreak, weak policy implementation and high debt levels.
Mumbai (Maharashtra) [India], May 7 (ANI): In a surprise move for many investors, Tata Motors on Thursday decided to withdraw the issue for private placement of unsecured non-convertible debentures (NCDs).
Mumbai (Maharashtra) [India], May 7 (ANI): Equity benchmark indices closed 0.7 per cent lower on Thursday as investors worried over the rising number of coronavirus cases despite a countrywide lockdown.
Mumbai (Maharashtra) [India], May 7 (ANI): Equity benchmark indices traded lower during early hours on Thursday tracking weak global cues as investors globally pondered over the economic impact of coronavirus pandemic.
New Delhi [India], May 6 (ANI): The government's increase in petrol and diesel taxes by 21 dollars a barrel and 27 dollars a barrel will result in tax collection increasing by about 21 billion dollars if the tax hike is maintained for a full year, Moody's Investors Service said on Wednesd
New Delhi [India], May 4 (ANI): Haryana has chalked out an aggressive strategy to woo the investments and companies intending to either shift from China or setting up of a new manufacturing facility in India. As a part of the plan, Principal Secretary to Chief Minister, Rajesh Khullar shall