In what is unquestionably good news for the Indian economy, international credit rating agency Moody’s has raised India’s sovereign bond rating from Baa3 to Baa2.
Category: Economy
Crony capitalism, political pressure contribute to current problems in economy: Prashant Bhushan | Business Line–20.11.2017
Many of the country’s leading corporations including Reliance Industries, Reliance (ADA) group, the Adani group and Essar group came under a blistering attack from senior
Logistics sector to soon get infrastructure status | Business Line–20.11.2017
The logistics sector will soon get infrastructure status, a move that will help the industry raise funds at competitive rates and boost India’s trade, a
Bet on private investment to revive growth in the economy | analysis | Hindustan Times–20.11.2017
India’s robust growth performance of last three years suddenly hit the speed breaker in first quarter of the current fiscal year. While this is largely
Card transactions soar 84% in Sep 2017 to Rs 74,090 cr: Report | business-news | Hindustan Times–20.11.2017
The debit and credit card transactions have jumped to Rs 74,090 crore in September this year, up a hefty 84 per cent as compared to
[ Economy ] Have fun, boys! It’s just politics–Deccan Chrolincle–20.11.2017
Way back in 1989, not much after the Congress was ignobly shown the door after holding a commanding majority of 404 seats in the Lok
Job outlook dim: Assocham–Deccan Chrolicle–20.11.2017
With corporate India placing most of its energies on rationalising costs, including the wage costs, the hiring outlook in the private sector, is expected to
What does the ratings upgrade mean? – The Financial Express–19.11.2017
The upgrading of India’ sovereign rating by Moody’s, though not befitting the progress made and efforts put in by the government, is still a positive
The dangers of an overvalued rupee | Business Standard News–19.11.2017
An export-led growth strategy with appropriate structural reforms, comprising liberalisation and an open economy, results in sustained productivity-led growth, as exports promote better resource allocation,
Demonetisation not an appropriate response to blackmoney: Manmohan Singh | Business Line–19.11.2017
Demonetisation was not an appropriate response to the blackmoney issue, former Prime Minister Manmohan Singh today said and suggested that the government simplify tax and
No room for complacency on Moodys’ Rating, says Ajit Ranade | Business Line–19.11.2017
There is no room for complacency or jubilation despite the rating upgrade provided by Moodys’ Investor Services, given the many challenges that still remain to
Moody’s Rethink: Sense Procrastinated–Economic Times–18.11.2017
It is welcome and significant that Moody’s has revised and upgraded India’s credit rating, the first time since 2004. The revision, or, more accurately, the
Keep ball rolling: Moody’s proffers a mood lifter–Times of India–18.11.2017
Credit rating agency Moody’s Investors Service upgraded Indian government’s debt ratings after almost 14 years. It simultaneously changed its outlook on the Indian economy to
Moody’s just warned GoI not to undo fiscal consolidation to boost growth–Economic Times–18.11.2017
By Aurodeep Credit rating agencies are a bit like strict school principals, but for governments and corporates. Countries undertake hard reforms, keep the macroeconomic climate
Moody’s upgrade may widen trade deficit, impact exports already hit by GST | Business Standard News–18.11.2017
While the government cheers India’s ratings upgrade by global ratings agency Moody’s, the move might further widen the already yawning trade deficit. Moody’s Investors Services
T N Ninan: Rating the raters | Business Standard Column–18.11.2017
India’s sovereign rating upgrade by Moody’s Investors Service is a second shot in the arm for the Modi government, still reeling from domestic criticism for
Moody’s boost to Modi: Should India really cheer? | Business Standard News–18.11.2017
The Narendra Modi government is celebrating the upgrade of India’s sovereign credit rating by Moody’s Investors Service. The new rating places India at Baa2, up
Timely recognition: on the Moody’s upgrade – The Hindu–18.11.2017
Moody’s decision to upgrade India’s sovereign credit rating by a notch after a gap of almost 14 years is undoubtedly a welcome recognition of the
Step on the gas: External sector data signal problems, government must accelerate economic and jobs growth–Times of India–17.11.2017
Recent economic data suggest that government has its work cut out. Data for external sector, current account and trade deficits, signal that employment intensive sectors
Exporters in a spot as GST refunds delayed | Business Standard News–17.11.2017
“After paying the GST four months in a row and without receiving any refunds, small and medium enterprises are at a breaking point. There is