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The Indian economy contracted 7.3 percent in the 2020-21 fiscal but is expected to clock double-digit growth during the current fiscal ending March 2022 on the back of rapid vaccination and demand coming back across sectors.

India's Economic Activity Picking Pace, Further Upside To Growth Likely: Moody's

Economy

The rating agency said it expects the Reserve Bank to maintain an accommodative policy stance until economic growth prospects "durably improve".

Moody's Upgrades Vedanta's Senior Unsecured Notes; Changes Outlook To 'Stable' From 'Negative'

'Moody's has upgraded to 'B3' from 'Caa1', its rating on the senior unsecured notes issued by VRL and those issued by VRL's wholly-owned subsidiary, Vedanta Resources Finance II Plc and guaranteed by VRL

Fuel Demand Rebound To Drive Earnings Of Oil Firms: Moody's

Energy & Infra Oil and Gas

Demand for petroleum products in India declined substantially in April and May 2020 following a nationwide lockdown to control the spread of coronavirus.

COVID 2nd Wave May Have More Lasting Damage On Economy, Exports To Drive Recovery: Moody's Analytics

The global economic recovery is continuing at a solid pace, but parts of Asia will not reflect this in the near term given heightened social distancing restrictions now in place, particularly in Southeast Asia as the Delta variant of COVID-19 spreads across the region

Moody's Cuts India Growth Forecast For 2021 To 9.6%

With states now easing restrictions, economic activity in May is likely to signify the trough.

Moody's Cuts India's Growth Forecast To 9.3 %, Risks Of Longer-Term Eco Scarring

'India is experiencing a severe second wave of coronavirus infections which will slow the near-term economic recovery and could weigh on longer-term growth dynamics.

Moody's Slashes India Growth Forecast To 9.3 %

Moody's expects the renewed surge in the virus to contribute to a marginal shortfall in revenue and a redirection of spending toward healthcare and virus response relative to what the government budgeted in February.

Moody's Assigns Ba2 Rating To India Toll Roads' USD secured notes

'Moody's Investors Service has assigned a definitive Ba2 rating to the 3.5-year USD300 million senior secured notes issued by ITR,' Moody's said in a statement.

Most Economies Not To Return To Pre-Pandemic Activity Levels Until 2022: Moody's

Stating that most economies will not return to pre-pandemic activity levels until 2022, Moody's said it expects a slow and bumpy global recovery and uncertainty around the macroeconomic outlook remains much higher than usual.

Indian Insurers Prepared To Withstand Economic Downturn: Moody's

Economy

Profitability and solvency concerns are driving mergers and acquisition in the private sector, and some private players are planning public listings in order to raise capital, according to the agency.

Moody's Ups FY'21 India Growth Forecast To (-) 10.6%; Says Stimulus To Boost Manufacturing, Jobs

For fiscal 2021-22, India's growth is projected at 10.8 per cent, as against the previous estimate of 10.6 per cent, Moody's said adding that in the medium term the growth is likely to settle around 6 per cent.

Moody's Revises India's 2020 GDP Growth Forecast To 10.6 Per Cent Contraction From 11.5 % Earlier

ANI

Moody's also forecast government debt to increase to 89.3 per cent of GDP in 2020 and decline to 87.5 per cent in 2021, from an already elevated 72.2 per cent in 2019.

Moody's Expects India's GDP To Shrink By 8.9% In 2020