Moody's ups India's FY22 growth projection to 13.7%

Moody's on Thursday upped India's growth projection for the next financial year beginning April 1, to 13.7 per cent, from 10.8 per cent estimated earlier, on the back of normalisation of activity......

Moody's expresses doubts on higher revenue targets from tax, divestment

Moody's Investors Service, while silent on the sovereign rating on the higher-than-expected fiscal deficit numbers, expressed doubts over attaining the higher revenue targets and divestment......

GDP expansion likely at 4.9% in FY20, 5.5% in FY21: Moody's

Moody's said the government will face challenges in achieving its deficit target for the fiscal year ending March 2021, amid persistent structural and cyclical headwinds to growth. Illustration:......

Next RBI chief faces balancing act on bank clean-up

As the clean-up has taken hold, loan growth slipped to 10.7 per cent in the last fiscal India's next central bank chief faces a tricky task completing a bank clean-up spearheaded by outgoing......