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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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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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1 min read

Hurricane Milton is headed right into $1.1 trillion worth of commercial real estate properties: Moody's

There are more than 235,000 commercial properties that could be exposed to dangerously strong winds…

Aditi Bharade   


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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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4 mins read

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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White House aide dishes on dealing with moody, aging Biden: 'People are scared'

White House aides reportedly have to carefully curate the information that ends up in Biden's dail…

Bryan Metzger   


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3 mins read

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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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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Rupee opens on flat note against US dollar in early trade

Market participants will keenly watch India's trade balance data due later in the day as any de…

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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1 min read

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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Investors and economists are getting worried about more bank failures as interest rates stay high

High interest rates are "corrosive" to the economy, Mark Zandi said, while others fear the impact o…

Jennifer Sor   


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Rupee rises 4 paise to 83.47 against US dollar in early trade

At the interbank foreign exchange market the local unit moved in a narrow range. It opened at…

PTI   


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Highest sovereign defaults in 2022, two in 2023: Moody's

Global credit rating agency Moody's Investors Service on Friday said that 2022 saw a spike in the a…

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4 mins read

Federal regulators are wielding a classic Warren Buffett concept to go after Apple — his biggest stock bet

Warren Buffett popularized the idea of a competitive "moat" around a company. Regulators used the t…

Theron Mohamed   


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Moody's downgrades outlook for UBS to negative, after Credit Suisse take over

Rating agency Moody's has cut the outlook on UBS Group's debt to negative following its takeover of…

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2 mins read

Slowdown in GDP growth late last year temporary: Moody's Analytics

Moody's Analytics on Tuesday said India's domestic economy, rather than trade, is its primary engin…

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   


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NYCB's slide sparks fears of more banking and commercial real estate turmoil

NYCB stock plunged 60% in five days after disappointing earnings and a Moody's downgrade triggered …

Theron Mohamed