Nov 25, 2020-Wednesday

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Wednesday, Nov 25, 2020


Nov 18, 2020 19:40
Moody’s said LVB’s rescue process highlights the deficiencies in India’s bank resolution mechanism as the moratorium restricts full and timely payments to depositors and creditors, thereby leading to a temporary default by the bank. read more
Nov 12, 2020 13:35
Moody’s in its latest report has said that it sees “very gradual improvement in economic activity” in India. The rating agency had earlier forecasted the GDP to shrink by 9.6%. read more
Nov 09, 2020 16:00
IPL 2020: Former Australia all-rounder Tom Moody kept in mind the IPL rules of a maximum four overseas cricketers in an XI and selected a team that would take some beating. read more
Oct 25, 2020 14:45
The payout will also come as a relief for Vedanta’s minority shareholders,after the company didn’t pass on a previous dividend in May by Hindustan Zinc to them read more
Oct 17, 2020 06:19
Britain faced a sharper peak-to-trough contraction than any other Group of 20 economy due to the severity of its Covid-19 outbreak, the size of its services sector, hammered by social-distancing rules, and the risk of further outbreaks. read more
Oct 15, 2020 16:14
After a long clamour for fiscal stimulus, the government had on October 12 come up with measures with direct fiscal support to people and states and to generate demand. read more
Sep 11, 2020 19:38
The US-based rating agency also projected India’s debt burden to peak at around 90 per cent of GDP in the current fiscal and the Centre’s fiscal deficit to be close to 7.5 per cent of gross domestic product. read more
Aug 25, 2020 23:45
Moody’s has maintained SBI’s rating outlook, where applicable, as negative, in line with the outlook on India’s sovereign rating. read more
Jul 10, 2020 15:55
“The UK’s public debt ratio will likely rise by 24 percentage points of GDP or more relative to 2019 levels,” a group of Moody’s top analysts wrote in a note. read more
Jun 22, 2020 15:00
Italy, Japan and Britain are expected to suffer the biggest debt increases at around 25 percentage points of their respective GDPs, while the United States, France, Spain, Canada and New Zealand will all see theirs jump roughly 20 ppts. read more
Jun 03, 2020 04:23
Speaking at the Confederation of Indian Industry (CII) annual session 2020, Kotak, the association’s president-elect, said that the government, banks and India companies will have to work together to get growth back on track. read more
Jun 03, 2020 04:14
SBI and HDFC Bank are among 11 Indian banks covered under Moody’s latest rating action. The others are Bank of Baroda, Bank of India, Canara Bank, Central Bank of India, Export-Import Bank of India (EXIM India), Indian Overseas Bank, IndusInd Bank, Punjab National Bank and Union Bank of India. read more
Jun 02, 2020 17:27
Gandhi said that Moody’s has termed “a step above junk” the handling of the economy by Prime Minister Narendra Modi. read more
Jun 02, 2020 13:21
“Moody’s has rated Modi’s handling of India’s economy a step above JUNK. Lack of support to the poor and the MSME sector means the worst is yet to come,” Gandhi said on Twitter. read more
Jun 02, 2020 08:04
India’s fiscal deficit in FY20 widened to 4.6% of GDP against the budgeted 3.8%. read more