Moody's reviews India's negative rating, upgrade unlikely in near term

May 08, 2020

Hong Kong, May 8 : Moody's Investors Service said on Friday that an upgrade of its India's rating at Baa2 negative is unlikely in...

Banks weathered pandemic shock, says Economic Survey

Jan 31, 2022

New Delhi [India], January 31 : The commercial banking system has so far weathered the pandemic shock even if there are some looming impacts,...

Economy to contract by 1.1 to 13.6 pc in FY21: KPMG

Dec 18, 2020

New Delhi [India], December 18 : The Indian economy is expected to contract in the range of 1.1 to 13.6 per cent in FY21...

Indian public sector banks face fresh capital shortages as coronavirus bites: Moody's

Aug 21, 2020

Singapore, Aug 21 : The sharp slowdown in India's economic growth exacerbated by coronavirus outbreak will hurt public sector banks' (PSBs) asset quality and...

Rs 20 lakh crore economic package works out to less than 1 pc of GDP, says Cong leader Mallikarjun Kharge

May 25, 2020

New Delhi [India], May 25 : Congress General Secretary Mallikarjun Kharge on Monday said that Rs 20 lakh crore economic package has come as...

Stimulus package to provide relief for financial system but will not solve all issues: Moody's

May 19, 2020

Singapore, May 19 : Stimulus measures announced by the government last week as part of a Rs 20 lakh crore economic package will help...