Page 6 - Moody's

India's second Covid wave to impact infra sectors, says Moody's

The report said that the government's ability to limit the virus spread and materially increase its vaccination drive will have a direct impact on the economic recovery.

Moody's expects auto-loan delinquencies to rise in next three to six months

Collection rates for auto-loan asset-backed securities (ABS) rated by Moody's Investors Service remained stable in the quarter ended March 2021

Moody's downgrades Delhi International Airport ratings to B1 from Ba3

Moody's Investors Service has downgraded Delhi International Airport Ltd's (DIAL's) corporate family rating and senior secured ratings to B1 from Ba3.

Global debt rises $32 trillion in 2020 amid Covid pandemic: Moody's

The recovery in global economy from Covid pandemic's aftermath will be staggered with the US leading the recovery, Moody's said

Second Covid wave threatens India's long-term credit rating, warns Moody's

The financial sector could become the main driver of potential risk to the sovereign

2nd Covid wave increased financial risks to households, small biz: Moody's

India's financial sector, the rating agency said, is the main driver of potential event risk to the sovereign

Moody's assigns first-time 'B3' ratings to OYO, outlook stable

Moody's CFRs are opinions of a corporate family's ability to honor all of its financial obligations

Moody's upgrades outlook on Tata Motors to 'Stable' on sustained recovery

Recovery is from the trough hit Q1 of FY21, is expected to sustain over next 12-18 months, while the firm's credit metrics strengthen as well

Moody's revises its outlook for airlines to positive on Covid vaccination

Moody's Investors Service revised its outlook for the global airlines industry to positive from negative, reflecting that industry fundamentals will materially improve over the next 12 to 18 months

India fiscal health weak for quantitative easing, says Moody's

India is among the 11 emerging markets (EMs) that have jumped on the QE bandwagon

Second Covid-19 wave poses threat to India's economic recovery: Moody's

Given the focus on "micro-containment zones" to deal with the latest wave of infections, as opposed to a nationwide lockdown, the impact on economic activity will be less severe than that seen in 2020

Covid resurgence to delay Indian airports' passenger recovery: Moody's

The rapid increase in new coronavirus cases is credit negative for Indian airports: report

Economic activity rebounds globally even as Covid-19 cases rise: Moody's

Moody's Investors Service has said that high-frequency alternative data indicates a strong rebound in economic activity even as infection rates rise

Moody's assigns Ba3 to Renew Power's new RG5 senior secured notes

Moody's Investors Service has assigned Ba3 rating to the proposed 7.25-year USD senior secured notes of up to 620 million dollars to be issued by a newly-formed restricted group of ReNew Power Pvt Ltd

Moody's upgrades outlook on Tata Steel to stable, cites recovery in Q3

Agency affirms Corporate Family rating 'Ba2', says company will continue recovering after demand slump last year

India's inflation is at 'uncomfortably high' level, says Moody's Analytics

India's inflation is at "uncomfortably high" level, which is an exception among Asian economies, Moody's Analytics said on Tuesday. Higher fuel prices will keep upward pressure on retail inflation and keep the RBI from offering further rate cuts, said Moody's Analytics, a financial intelligence company. Retail inflation rose to 5 per cent in February, from 4.1 per cent in January. The Reserve Bank mainly takes into account retail inflation while deciding on the monetary policy. Core inflation (which excludes food, fuel and light) was up 5.6 per cent in February, from 5.3 per cent in January, Moody's Analytics said, adding India's inflation is "uncomfortably high". In its macro roundup, Moody's Analytics said inflation is subdued in most of Asia, and expected to only gradually pick up over 2021 because of rising oil prices and economies starting to reopen. Brent crude has climbed 26 per cent this year at around USD 64 per barrel. It was around USD 30 per barrel in March 2020, when

US economy will recover but Covid bruises will last several years: Moody's

Moody's expects US economic activity to return to its pre-coronavirus path by the end of 2021, but an elevated unemployment rate and a lagging recovery in the hardest-hit sectors will leave bruises

Climate-change linked downgrades could cost countries $270 billion-a-year

The estimates comes amid warnings by policy makers from around the world that financial markets are underpricing the risk of climate change on asset prices, with potentially costly future corrections

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Most economies won't return to pre-Covid activity levels by 2022: Moody's

Moody's Investors Service said the credit downturn arising out of Covid-19 will be short-lived but most economies will not return to pre-pandemic activity levels until 2022