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Former home secy Ajay Kumar Bhalla appointed Manipur Guv amid ethnic violence resurgence | Five soldiers killed, several injured as Army truck falls into Poonch gorge | Allu Arjun quizzed by police in Pushpa 2 stampede case | Wanted Indian drug smuggler killed in the US | Congress leader files complaint against Allu Arjun for 'insulting police' in Pushpa 2: The Rule | Ahead of Jaishankar's US visit, foreign secretary Vikram Misri meets top US diplomats | India refrains from commenting on extradition request for ousted Bengladeshi PM Sheikh Hasina | I don't blame Allu Arjun, ready to withdraw case: Pushpa 2 stampede victim's husband | Indian New Wave Cinema Architect Shyam Benegal dies at age 90 | Cylinder blast at a temple in Karnataka's Hubbali injures nine people

Moody's: India's fiscal 2017 budget is moderately credit positive

Mar 01, 2016, at 09:30 pm

Singapore, Mar 1 (IBNS) Moody's Investors Service says that India's fiscal 2017 budget - which was released on Feb 29- is moderately credit positive for most sectors, but efforts at deficit reduction will remain challenging, while the effects for public-sector banks are negative.

Moody's: Increased risks to global growth cloud outlook in 2016-17

Feb 18, 2016, at 11:03 pm

Singapore, Feb 18 (IBNS) Global growth will fail to pick up steam over the next two years as the slowdown in China, lower commodity prices and tighter financing conditions in some countries weigh on the economy, Moody's Investors Service said in a quarterly report on Thursday.