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
The ratings agency pointed out that the implementation of seventh pay commission will boost consumption growth
Limited exposure to external headwinds, like China slowdown and lower commodity prices will help growth