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In the long run, rate cut by Fed will be favourable for most US banks: Moody's

"Initially, the rate cuts will be credit negative for most US banks. We expect their deposit costs …

ANI   


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SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth to be closer to 7%

Economists at SBI predict a dip in India's GDP growth to 6.5% for the September quarter, citing pre…

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US interest rate cut in June seems off the table: Moody's

Rating agency Moody's believes an interest rate cut at US Federal Reserve June's meeting is likely …

ANI   


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Water shortage detrimental to India's credit health, may spark social unrest: Moody's

Moody's Ratings on Tuesday said India's growing water shortage can disrupt farm and industry sector…

PTI   


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Modi 3.0 will offer policy continuity, but BJP's loss of outright majority may slow down fiscal reforms: Moody's

This victory indicates continuity in policy, particularly in infrastructure spending and boosting d…

ANI   


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Moody's projects 6.8 pc GDP expansion in 2024 on strong growth, post-election policy continuity

High-frequency indicators, including robust goods and services tax collections, rising auto sal…

PTI   


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Sensex, Nifty extend gains to scale fresh peaks on firm global cues

Rallying for the ninth straight session, the 30-share BSE Sensex climbed 231.16 points or 0.28 per …

PTI   


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Moody's raises India's 2024 growth forecast to 6.8%

Capital spending by the government and strong manufacturing activity have meaningfully contribu…

PTI   


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India pitches for a rating upgrade with Moody's, questions rating methodology

India on Friday made a strong pitch for a sovereign rating upgrade with Moody's and also questioned…

PTI   


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Moody's told staff to WFH before it slashed China's credit rating as it feared authorities might retaliate: report

Moody's told its China-based staff not to come into the office before it slashed the country's cred…

Tom Carter   


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Domestic demand to keep India's growth above other G20 emerging markets: Moody's

Moody's Investors Service expects India's economic growth in 2024-25 growth above that of other eme…

ANI   


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Unemployment unexpectedly rose in July as pressure ramps up for the Fed to cut interest rates

July's job growth was 114,000, less than the expected 176,000. The unemployment rate also increased…

Madison Hoff   


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Fitch affirms India's sovereign rating on robust growth outlook, flags weak finances

India's rating has been unchanged at 'BBB-', which is the lowest investment grade, since August …

PTI   


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S&P retains India's FY'25 GDP growth estimate at 6.8%

"We expect growth to moderate to 6.8 per cent this fiscal year, with high interest rates and lo…

PTI   


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Trump doesn't think interest rate cuts should happen before the election

Former President Donald Trump said Fed members "know" they shouldn't cut rates soon, but many econo…

John Towfighi,Madison Hoff,Ay…   


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Lower interest rates could be coming soon. Here's what's at stake if they aren't.

Interest rate cuts could finally come this year. Economists explained the benefits of rate cuts and…

Madison Hoff,Ayelet Sheffey   


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Moody's warns government shutdown would be negative for US debt rating as it would highlight weak governance

A government shutdown would make clear how political polarization has weakened US fiscal policymaki…

Filip De Mott   


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New govt to inherit strong economy, focus on making India developed nation by 2047

India's world record beating economic growth rate together with robust tax revenues, a fast expandi…

PTI   


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S&P ups India's outlook to positive, raises hope for rating upgrade in 2 years

In a statement on Wednesday, the US-based agency said India's rating can be upgraded in the nex…

PTI   


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Greater risk of rupee weakness; RBI could press hard on brakes: Moody's

The risk of weakness in currencies in the emerging economies in Asia is worrisome, and more so the …

ANI