Tag: outlook
US credit rating agency Moody's on Friday upgraded India's sovereign rating to Baa2 from its lowest investment grade of Baa, while changing the outlook for the country's rating to stable from positive, and said its was based on the Indian government's "wide-ranging programme of economic and institutional reforms".....
A Moody's Investors Service-ICRA report on Thursday upgraded the outlook for the Indian power sector to "stable" over the next 12-18 months with a Baa3 positive rating, saying it reflects sustained improvement in domestic coal availability.....
India's growth which was likely to slow down to 7.1 per cent in 2016-17 due to demonetisation, will bounce back to 7.4 in the current fiscal on improved investor confidence and business environment as a result of GST tax regime and other reforms, an ADB report said on Thursday.....
The International Monetary Fund on Monday reaffirmed that India's economy is projected to grow by 7.4 percent in the next fiscal year, regaining the rank of the world's fastest growing large economy. ....
Microsoft 365 services including the collaboration app Teams and Azure Cloud have suffered a major outage and the company said on Tuesday it was trying to bring the services back across the impacted regions. ....