Page 10 - Moody's

Global recession likely if COVID-19 becomes pandemic: Moody's Analytics

COVID-19 was first detected in Wuhan in China in December and has since affected thousands of people across the globe

Car sales to rise in 2020 on stiumulus measures, discounts, says Moody's

But weak consumer demand and tight liquidity will likely limit any improvement in car sales this year, it added

Top headlines: Voda seeks relief from DoT; Panagariya on economy, and more

From global recession over COVID-19 to Panagariya's comments on slowdown, here are the top stories for the day

Moody's downgrades corporate family rating of HPCL-Mittal Energy to 'Ba2'

HMEL's credit metrics were also impacted by its ongoing expansion into petrochemicals

Moody's lowers Apac growth forecast to 5.2% over Coronavirus outbreak

The impact of the shuttering is large as China contributes a whopping 16 per cent of global GDP, up from 4 per cent when it was hit by the SARS virus in 2003

Moody's cuts India's 2020 growth forecast to 5.4% amid coronavirus fears

With the virus continuing to spread, it is still too early to make a final assessment of the impact on China (A1 stable) and the global economy.

RBI's new asset recognition norms credit negative for banks: Moody's

Last week, the RBI harmonised guidelines for deferment of date of commencement of commercial operations (DCCO) for projects in non-infrastructure and commercial real estate (CRE) sectors

Coronavirus crisis credit negative for Asia-Pacific port operators: Moody's

Impact on Indian bulk handling ports unlikely due to negligible volumes linked to China

Moody's affirms stable outlook rating for Delhi International Airport

It is also underpinned by a sustained recovery in passenger traffic from the decline recorded in the first half of the financial year ending March 2020

Moody's says nominal GDP growth projections in Budget 2020 appear ambitious

'These forecasts appear ambitious given the combination of structural and cyclical challenges that the Indian economy faces'

Economic slump to hit insurance premium growth over next 3 years: Moody's

The International Monetary Fund has pegged the number at 4.8 per cent and expects it to pull down global growth as well.

Rising sea levels pose long-term risk to sovereign credit ratings: Moody's

'Vulnerability to extreme events related to sea level rise can also undermine investment'

Moody's slashes FY20 growth forecast to 4.9% on weak household consumption

Private-sector banks have a larger exposure to retail loans and may be more at risk

Prolonged economic slowdown to hurt retail loan quality: Moody's

Financial stress among rural households and sluggish job creation are among the key drivers of the slowdown

Moody's cuts India's 2019 GDP growth forecast to 5.6% amid employment woes

It expects economic growth to pick up in 2020 and 2021 to 6.6% and 6.7% respectively

YES Bank dips 5% after Moody's downgrades ratings, assigns negative outlook

Moody's downgraded the Bank's long-term foreign currency issuer rating to B2 from Ba3, as potentially stressed assets and low loss-absorbing buffers may add pressure to its funding and liquidity.

India's mood = Moody's India?

Economic bad news has been trickling in since the beginning of 2019, but was buried under the nationalistic election rhetoric

Moody's sees India Inc struggling for credit in 2020 as slowdown weighs

Sluggish economic growth, slowing earnings are major concerns

Slow growth, infra spending in India to keep states' deficit high: Moody's

The government is facing growing challenges in meeting its medium-term fiscal consolidation goals amid a slowing economy, which has been driven by a combination of both cyclical and structural factors

Moody's places BPCL under review for downgrade over privatisation

Moody's rating action assumes that BPCL's status as a government-owned entity in India will continue until at least the conclusion of the proposed sale