Anirudha Yerunkar | Mar 4, 2024, 2:04 PM IST
Agency further said, Capital spending by the government and strong manufacturing activity have meaningfully contributed to the robust growth outcomes in 2023.
India.com Business Desk | Nov 11, 2022, 3:00 PM IST
India's September exports are down from the peak in March, but they are still around 30 per cent above the pre-pandemic level. Apart from that, non-food credit growth shows solid momentum.
IANS | Sep 6, 2022, 3:11 PM IST
Moody's also said it could upgrade the rating if India's economic growth potential increased materially beyond their expectations, supported by the effective implementation of economic and financial sector reforms.
India.com Business Desk | Sep 2, 2022, 10:30 AM IST
According to the data released by National Statistical Office (NSO), India's GDP has grown by an annual 13.5 per cent in the April-June quarter, higher than the 4.1 per cent in the previous quarter, but below the 20.1 per cent recorded in the first quarter of FY22.
ANI Feeds | Sep 1, 2022, 3:01 PM IST
Earlier, in May, Moody's downgraded India's GDP growth estimate for the current calendar year to 8.8 per cent from its earlier projection of 9.1 per cent in March.
India.com News Desk | Oct 5, 2021, 7:58 PM IST
According to Moody's scale of ratings, obligations rated Baa are subject to moderate credit risk. They are considered medium-grade and as such may possess speculative characteristics.
PTI Feeds | Nov 28, 2017, 3:58 PM IST
Sensex breaks 8-day rally as GDP data looms
India.com News Desk | Nov 17, 2017, 2:04 PM IST
The rating upgrade comes after a gap of 13 years - Moody's had last upgraded India's rating to 'Baa3' in 2004.
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