Moody's upgrades India's economic growth forecast to 7.1% in 2024
The revision comes amid Moody's forecast for Asia-Pacific for 2024, which shows the region outpacing the global economy in terms of growth
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Moody's upgrades Tata Motors' rating to 'Ba1' from 'Ba3'
Tata Motors' two-notch rating upgrade with a positive outlook follows the company's sustained track record in achieving revenue growth, improving profitability and reducing debt, says Moody's.
Water shortage to affect India's sovereign credit strength: Moody's
India's average annual water availability per capita is likely to drop to 1,367 cubic meters by 2031 from an already-low 1,486 cubic meters in 2021.
Jefferies starts ‘buy’ call on Adani Ent; Moody’s changes ratings on 4 group firms to 'stable'
Jefferies says Adani Enterprises presents an “attractive play on Capex cycle theme”, and has built industry-leading businesses
Car sales in India to jump 8.5% in 2023: Moody's
Strong growth prospects should produce a sustained increase in car sales to 6 million by the end of the decade, says Moody's
Tata Motors shares hit record high
Shares of Tata Motors hit an all-time high of ₹685.50 on Thursday
Oil prices jump 5% amid Israel-Gaza war
High crude oil prices will weaken the profitability of the three state-owned oil marketing companies in India, says Moody's.
Tata Steel rating upgraded to investment grade by Moody's
The credit rating agency also changed the company's outlook to 'stable' from 'positive'.
India’s Q1 GDP grows fastest in a year at 7.8%
The country's economic growth surges to four-quarter high in Q1 from 6.1% in previous quarter and 13.1% in year-ago period
Education can boost economic expansion in India: Moody's
There remains a considerable gap in the quality of education between Pakistan, Bangladesh and India compared with China and other peers in Southeast Asia, says Moody's
