[ad_1] Representative image (File Photo) NEW DELHI: Global ratings agency Moody’s Investors has raised India’s GDP growth forecast for 2024, citing strong demand momentum and fading global headwinds.“India’s economy has performed well and stronger-than-expected data in 2023 has caused us to raise our 2024 growth estimate to 6.8% from 6.1%. India is likely to remain…
[ad_1] Confidence booster shot! Moody’s Investor Service has significantly revised its GDP forecast for India on Monday, citing the robust momentum observed in the South Asian economy in recent quarters, which the ratings agency anticipates will persist into 2024.India’s economy has demonstrated strong performance, and the better-than-anticipated data in 2023 has prompted us to revise…
[ad_1] Moody’s Investors Service has revised the outlook on four Adani Group firms, Adani Green Energy, Adani Green Energy Restricted Group (AGEL – RG-1), Adani Transmission Step One, and Adani Electricity Mumbai, from ‘negative’ to ‘stable’. This comes a year after Moody’s downgraded their outlook to ‘negative’ following allegations of corporate misgovernance practices made by…
[ad_1] In a significant financial development, Moody’s, a leading US ratings agency, has announced a downgrade of Israel’s credit rating from A1 to A2 on Friday, attributing the decision to the detrimental impacts of the ongoing conflict with Hamas in Gaza. This marks the first time Israel has experienced a downgrade by Moody’s, as reported…