Moody's, a prominent ratings agency, has recently revised its growth projections for India's economy, painting a more optimistic picture for the coming years. For the fiscal year 2025, Moody's has increased its GDP growth forecast to 7.2%, up from its previous estimate of 6.8%. Looking further ahead to 2025, the...
Moody’s Allots Baa3 Rating for India with a Stable Outlook
In a report released on September 6th , rating agency Moody's said India's credit profile reflects key strengths including its large and diversified economy with high growth potential, a relatively strong external position, and a stable domestic financing base for government debt. "The Indian economy has higher capital buffers and...
Moody’s Boosts India Forecast to 12 percent
Following two separate rosy projections by the International Monetary Fund and the OECD, we have similar news about India's GDP growth from Moody's Analytics. India’s gross domestic product is projected to grow by 12% in 2021, Moody’s Analytics stated. “India’s near-term prospects have turned more favorable following a stronger than...
India's Interim Budget for 2019 Focuses on Rural Spending
The ruling Bharatiya Janata Party's National Democratic Alliance government presented its last budget for the party's five year tenure, on February 1, 2019. The budget is an interim one, as all citizens of India will vote at the general elections in May, and the party that gets elected will release...
India's Stock Exchange Regulator Eases Rules for Foreign Investors
To ease rules for foreign investors and safeguard their interest, the Securities and Exchange Board of India announced reforms which include approval for trading of both stocks and commodities on a single exchange, and capping of cross-holdings in rating agencies as well as in mutual funds. For foreign portfolio investors,...
Moody’s Forecast for India: Stable GDP Growth at 7.5% in 2016, 2017
Moody’s said India’s economy is powered by sustained growth in consumer spending, fostered by moderate inflation, favorable demographics, and strengthening investment, in particular FDI. The recent measures that now allow 100 percent foreign ownership in many sectors will promote further increases in FDI, it said. Amid low growth in global...