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Moody's upgrades India's debt rating 23 December 2011
"India's Baa3 rating incorporates credit strengths such as a large, diversified economy, robust medium term growth prospects and a strong domestic savings pool that facilitates the financing and refinancing of the government's relatively high debt burden," the ratings agency said...
Keywords: infrastructure sector, diversified economy, fiscal deficits, residual maturity
Read MoreMoody's satisfied with India Inc 26 June 2012
Global rating agency Moody's Investor Service expressed the no-worry signal to India Inc inspite of economical turmoil. The credit rating agency expressed positive revival in the nation of billions. The agency in a statement said that credit challenges like weak...
Keywords: financial crisis, satisfied with India, Moody's, downgrades 15 banks
Read MoreMoody turns moody with crisis, downgrades 15 top banks 22 June 2012
The credit rating firm Moody's turns moody with the all around economic crisis in the global scenario. Moody's Investor Service on Thursday downgraded the ratings of 15 global banks as a part of wider review of bank ratings. The ratings...
Keywords: financial crisis, Moody's, Credit ratings of banks, Moody's
Read MoreS&P lowers India’s long-term rating to negative 26 April 2012
Reacting to the outlook revision by Standard and Poor's, Finance minister Pranab Mukherjee said, there is no need to panic. He expressed confidence that the country will overcome the difficulties faced by it. Mukherjee said, a few Bills regarding economic...
Keywords: external commercial borrowings, external commercial borrowings, Pranab Mukherjee, fiscal situation
Read MoreJapan’s Credit Rating Lowered 24 August 2011
After the U S it is now Japan to be hit in the latest round of sovereign debt downgrades. Moody investor services on Wednesday declared lowering the government's credit rating. In its official announcement Moody changed the moods of the...
Keywords: Japans finance, Japans finance, Credit Rating, Japan news
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