However, there could be some short-lived spikes in inflation, driven by food prices, said Moody's
It also added that significant infrastructure constraints have to be crossed for the framework to be fully operational
Moody's in a report said India has a strong GDP growth
Moody's however has a 'positive' outlook on its 'Baa3' rating on India, which is just a notch above the junk grade
Diversified locations, varied professions of NRIs working abroad to help cushion the fall impact
Moody's also said that given India's larger net oil import bill, it can withstand a much greater fall in remittances
Chevron and Shell's ratings were lowered to Aa2, the third-highest grade, from Aa1
Said that India's external financing needs have diminished significantly over the last three years
Rating agency says it will mitigate the risk of widening of current account deficit
Indian tower companies have larger scale thanks to a much larger population and greater number of mobile subscribers as compared to Indonesia, says the ratings agency
Moody's forecasts that G20 GDP would grow at 2.6% in 2016
Supply growth to outpace demand growth in 2016 by more than 2%, suppressing freight rates mainly in the dry bulk, container segment, says the ratings agency
AAPT is part of an obligor group that has economic ownership of the Abbot Point Coal Terminal in North Queensland under a 99-year lease with state-owned lessor North Queensland Bulk Port Authority
Downgrade reflects the increasing likelihood of material volatility in the firm's cash flows
The agency said affirmation of the ratings also take into account SBI's strong liquidity and funding position
Cites concern over the impact of low oil prices on their finances
Moody's, however, retained China's Aa3 rating, noting the country's sizeable reserves gave it time to implement reforms and gradually address economic imbalances
The ratings agency felt that China's fiscal strength will continue to decline and forex reserves will also see a fall
According to the report, the Budget is credit negative for PSU banks due to the insufficient allocation of capital.
Moody's estimates 11 public sector banks' external capital requirements at Rs 1.45 lakh for the four financial years, ending March 31, 2019