Page 11 - Moody's

Moody's upgrades outlook on Tata Motors to 'Stable' on sustained recovery

Recovery is from the trough hit Q1 of FY21, is expected to sustain over next 12-18 months, while the firm's credit metrics strengthen as well

Moody's revises its outlook for airlines to positive on Covid vaccination

Moody's Investors Service revised its outlook for the global airlines industry to positive from negative, reflecting that industry fundamentals will materially improve over the next 12 to 18 months

India fiscal health weak for quantitative easing, says Moody's

India is among the 11 emerging markets (EMs) that have jumped on the QE bandwagon

Second Covid-19 wave poses threat to India's economic recovery: Moody's

Given the focus on "micro-containment zones" to deal with the latest wave of infections, as opposed to a nationwide lockdown, the impact on economic activity will be less severe than that seen in 2020

Covid resurgence to delay Indian airports' passenger recovery: Moody's

The rapid increase in new coronavirus cases is credit negative for Indian airports: report

Economic activity rebounds globally even as Covid-19 cases rise: Moody's

Moody's Investors Service has said that high-frequency alternative data indicates a strong rebound in economic activity even as infection rates rise

Moody's assigns Ba3 to Renew Power's new RG5 senior secured notes

Moody's Investors Service has assigned Ba3 rating to the proposed 7.25-year USD senior secured notes of up to 620 million dollars to be issued by a newly-formed restricted group of ReNew Power Pvt Ltd

Moody's upgrades outlook on Tata Steel to stable, cites recovery in Q3

Agency affirms Corporate Family rating 'Ba2', says company will continue recovering after demand slump last year

India's inflation is at 'uncomfortably high' level, says Moody's Analytics

India's inflation is at "uncomfortably high" level, which is an exception among Asian economies, Moody's Analytics said on Tuesday. Higher fuel prices will keep upward pressure on retail inflation and keep the RBI from offering further rate cuts, said Moody's Analytics, a financial intelligence company. Retail inflation rose to 5 per cent in February, from 4.1 per cent in January. The Reserve Bank mainly takes into account retail inflation while deciding on the monetary policy. Core inflation (which excludes food, fuel and light) was up 5.6 per cent in February, from 5.3 per cent in January, Moody's Analytics said, adding India's inflation is "uncomfortably high". In its macro roundup, Moody's Analytics said inflation is subdued in most of Asia, and expected to only gradually pick up over 2021 because of rising oil prices and economies starting to reopen. Brent crude has climbed 26 per cent this year at around USD 64 per barrel. It was around USD 30 per barrel in March 2020, when

US economy will recover but Covid bruises will last several years: Moody's

Moody's expects US economic activity to return to its pre-coronavirus path by the end of 2021, but an elevated unemployment rate and a lagging recovery in the hardest-hit sectors will leave bruises

Climate-change linked downgrades could cost countries $270 billion-a-year

The estimates comes amid warnings by policy makers from around the world that financial markets are underpricing the risk of climate change on asset prices, with potentially costly future corrections

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Most economies won't return to pre-Covid activity levels by 2022: Moody's

Moody's Investors Service said the credit downturn arising out of Covid-19 will be short-lived but most economies will not return to pre-pandemic activity levels until 2022

Indian renewable firms underperformed but credit quality intact: Moody's

Moody's said India's renewable energy sector grew by 20% in the last five years

India likely to grow 13.7% next year; fiscal position weak: Moody's

Indian affiliate Icra expects considerable rebound in economic growth in FY22 on the back of higher central govt spending, pick-up in consumption

RIL gets Sebi approval to hive off O2C business into independent subsidiary

Company again mentions that its talks with Aramco for what could be one of the largest downstream transactions in India are on

Economic recovery reduces slippage risk for Indian PSBs: Moody's

"While the government's capital infusion into public sector banks will help them meet Basel capital requirements, it will not boost credit growth," the agency said

Moody's upgrades power sector outlook to stable on generation uptick

For the first 10 months of the fiscal 2021, power generation growth declined 2.9 per cent year-on, compared to earlier expectations of a minimum 4-5 per cent decline

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Spike in India bank's stressed loans slower due to govt measures: Moody's

Ample domestic liquidity, loose monetary policy, moratoriums on loan repayments and government guaranteed loans to small businesses have supported Indian banks' asset quality