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Moody’s maintains confidence in India’s economy, says 6.7 percent growth rate due to strong domestic demand

Moody's maintains confidence in India's economy, says 6.7 percent growth rate due to strong domestic demand

moody’s Moody’s Investors Service has maintained India’s economic growth forecast for 2023 at 6.7 percent. Moody’s believes that due to strong domestic demand in the country, the pace of growth will continue in the near future. With exports remaining weak due to the adverse global economic backdrop, Moody’s said in its ‘Global Macroeconomic Outlook-2024-25’ that … Read more

Indian government rejected Moody’s claim, saying- Aadhaar is the world’s most trusted digital ID.

Indian government rejected Moody's claim, saying- Aadhaar is the world's most trusted digital ID.

What is rating agency Moody’s? Moody’s is a trusted rating agency that rates financial and financial institutions, business industries, and political entities for the financial security and creditworthiness of financial institutions. Its headquarters is in America. Moody’s is known for its high quality credibility and rating of creditworthiness for emergency and commercial organizations around the … Read more

Moody’s again expressed confidence in the Indian economy, increased the rate of growth to 6.7 percent

Moody's again expressed confidence in the Indian economy, increased the rate of growth to 6.7 percent

Moody’s Investors Service (Moody’s Investors Service) India’s growth rate has once again increased. It is being told that the rating agency Moody’s Investors Service increased India’s growth forecast for the 2023 calendar year to 6.7 percent on Friday due to strong economic momentum. In its ‘Global Macro Outlook’, Moody’s said that stronger services expansion and … Read more

Investment opportunities will increase in India, the government has given strength to improve the rating

Investment opportunities will increase in India, the government has given strength to improve the rating

Finance Minister Nirmala Sitharaman India has strongly advocated to increase its sovereign rating from American agency Moody’s today i.e. on Friday. Along with this, India raised questions on the parameters on the basis of which the agency gives credit rating to different countries. According to sources, before the annual review of the sovereign rating, representatives … Read more

Increase in interest rate increases the risk on loans given to small industries, problems may increase in loan repayment

Increase in interest rate increases the risk on loans given to small industries, problems may increase in loan repayment

[ad_1] New Delhi : Due to the continuous increase in the interest rates (repo rate) by the Reserve Bank of India (RBI), the risk on the loan given to the small industry has increased. This risk is amplified on loans that have been given against property. In a report released on Tuesday by the rating … Read more

India will become Bahubali in EV sector, if government does this work

India will become Bahubali in EV sector, if government does this work

[ad_1] EV Industry News: India is going to become a big market in the coming time in the electric vehicle industry. At present, India has the fourth largest market in the world. Moody’s has released the report saying that government incentives, local battery manufacturing, subsidies at the state level and reduction in Goods and Services … Read more