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Indian banks' profitability to ease this fiscal on lower treasury gains, ECL provisions: CrisilIndian banks will see a slight dip in their return on assets this fiscal. This is due to lower treasury income and early provisions for a n...
India's power transmission infra set for Rs 9 trillion upgrade as renewable push accelerates: ReportIndia is set for a massive power transmission investment of nearly Rs 9 trillion by 2032, according to a Kotak Neo report. This will suppor...
HSBC job cuts: CEO shares big update on lay offs possibility, message for employees on AI issueHSBC recently launched a dedicated $4 billion credit facility to support the global expansion of mainland Chinese companies.
India emerging as prime destination for data centre projects, chip manufacturing: ReportMoody’s Analytics reports that AI investments are surging globally, with India, Singapore, and Malaysia emerging as top destinations for da...
Trade tensions, tariffs to disturb rapid growth of data centres: Moody'sIn a report dated May 5, the agency said tariffs on essential materials and components for data centres can increase costs, putting financi...
Moody's cuts China property sector's outlook to negativeMoody's said it expected contracted sales to fall by about 5% over the next six to 12 months in China, and the impact of government measure...
Carrie Underwood to be first performer at 2023 CMT music awardsCBS and CMT announced that the 2023 CMT Music Awards will air on April 2, 2023 (8:00-11:00 PM, ET/PT) live from Moody Centre, Austin, Texas...
Increase in crude prices will weaken Indian oil companies if net realisation doesn't go up: Moody'sLast week, the Central government approved the grant to the Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BP...
FinMin officials pitch for better sovereign rating outlook with Moody'sSources said the meeting was attended by Chief Economic Advisor K V Subramanian and other officers from the Department of Economic Affairs ...
States to pile up debt in slowing economy: Moody'sChallenges in controlling deficits at the state level will also hit fiscal consolidation efforts at the Centre
Credit view on India hinges on policies of new govt: Moody'sMoody's expects the broad push towards fiscal consolidation to remain, although with greater policy emphasis on supporting low incomes, Fos...
Moody's places IDBI Bank's long-term ratings for upgradeThe outlook for both the entities has been changed to 'ratings under review'.
Credit profile to improve if India sticks to fiscal path: Moody'sFRBM Committee in its report has suggested that the fiscal deficit, which is the difference between expenditure and receipts, should be bro...
- Moody's set to downgrade top global banks: Report
Funding costs for the banks are likely to rise after the downgrades, and their trading partners may ask for more collateral.
- Moody's may downgrade India on worsening govt debt position
Global rating agency Moody's said that India's ratings may be downgraded if the government debt rises substantially, due to a lack of mediu...
- 30 US states in recession, 19 at risk: Moody's
Thirty US states were mired in recession in September, and 19 others are at risk of falling into recession in the coming months.
- Fiscal deficit remains cause for concern: Moody's
Moody's Investors Service today said the Centre's fiscal deficit, which in the first quarter of 2006-07 crossed 50 per cent of what was pro...