‘Second corona wave could crimp India’s long-term growth’

India`s severe second wave of coronavirus infections will slow near-term economic recovery and could weigh on longer-term growth dynamics, rating agency Moody`s Investors Service said in a note on Tuesday. Continue Reading

All is well among Indian Insurance firms, says Moody’s

Indian insurance firms are geared to withstand the economic downturn, as premium growth in general insurance segment will remain in positive territory and life premiums will stay broadly flat despite the weakening economy, Moody’s Investors Service on Wednesday said. Continue Reading

Covid sparks oil industry’s shift towards lower growth

The large-scale market disruption from the coronavirus pandemic will unsettle long-term energy consumption patterns in the developed markets while heightening oil and gas price volatility, Moody’s Investors Service said on Monday. Continue Reading

‘PSBs need external capital of up to Rs 2.1 trillion’

Public sector banks will need external capital of up to Rs 2.1 trillion over the next two years and the most likely source to plug this shortfall will be government support, Moody’s Investors Service said on Friday. Continue Reading

Weak household consumption to curb economic growth: Moody’s

Moody’s Investors Service said that India’s weak household consumption will curb economic growth and weigh on the credit quality of Indian issuers in a range of sectors. Continue Reading

‘Economy has strong fundamentals & will revive’: Industry players

India’s economy possesses strong fundamentals and will revive on account of various reform measures taken by the government, said industry players, after Moody’s Investors Service cut the country’s credit rating outlook to negative. Continue Reading