Moody's Investors Service on Thursday said India's rising vaccination rate, low interest rates and higher public spending drive the positive outlook for corporate sector.
Moody's projects India's economic growth will rebound strongly, with GDP expanding 9.3% in the current fiscal ending March 2022, followed by 7.9% in fiscal 2023.
In a report, Moody's said credit fundamentals are favorable for India's companies on a sustained economic recovery and earnings of rated companies' will rise on strong consumer demand and high commodity prices.
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SIX LIVES SNUFFED OUT IN FIRE
Barely three months after the fire in a 60-storey building, Avighna Park in Parel, another major fire in a 20storey residential building in Tardeo has rattled the city, snuffing out six lives and injuring 24 others.
Russia toughens stance on Ukraine
Has further upped the ante by announcing more military drills in the region
Priyanka-Nick announce arrival of baby girl
The power couple shared the news of welcoming their first child via surrogacy through a post on social media
No more roadblocks for Chikhaldara Skywalk
At 407 mt, Chikhaldara’s skywalk made of glass and chequered steel plates would be the longest in the country; being developed by Cidco at a cost of Rs 34.34 cr
Shah visits Kairana
Amit Shah receives a flower from a child during his door-to-door campaign.
Goodbye, Grandpa of Bengali comics!
At a time when the “onslaught”of Tom and Jerry, MickeyMouse, Lee Falk’s Phantom and Flash Gordon comic strips was heavily felt and was an integral part of newspapers, especially in the ’60s, Narayan Debnath, who passed away earlier this week at the ripe age of 97, was a rare combo of longevity and genius.
GOING SOUTH IN SOUTH AFRICA
India's efforts to beat Proteas in their home began with promise before going awry in whimper
Biden and Japanese PM agree to counter China
Japan's PM Fumio Kishida (R) talks with US President Joe Biden at a virtual summit from prime minister's office in Tokyo on Friday.
Australian Open: Medvedev, Halep enter fourth round
Daniil Medvedev reached the fourth round for the fourth straight year at Melbourne Park with a 6-4, 6-4, 6-2 win over Botic van de Zandschulp.
62% OF PARENTS OPPOSE SCHOOL REOPENING
LocalCircles survey states 16% of parents across Maharashtra are already sending kids to schools; another 11% will send kids for in-person classes
THE ANIMAL-HUMAN CONFLICT
RAJESH MENON is a wildlife photographer and environmental conservationist living in North India. Here he shares some ideas for solutions to the animalhuman conflicts that are apparent in all regions of the world today.
Passion and Love for Community
Dr. Prakash Tyagi is the executive director of Gramin Vikas Vigyan Samiti (GRAVIS), an NGO dedicated to working in impoverished rural regions of India, including the Thar desert, Rajasthan, Uttarakhand, and Bundelkhand. In part 2 of this interview with Kashish Kalwani, he speaks about how things have changed due to the pandemic and the importance of passion and love for community.
Modern Vinyasa FOR THE MASSES
Teacher Calvin Corzine brings a functional yet challenging approach to yoga with an emphasis on making everyday movement easier.
Do We Need Humans For That Job? Automation Booms After Covid
Ask for a roast beef sandwich at an Arby’s drive-thru east of Los Angeles and you may be talking to Tori — an artificially intelligent voice assistant that will take your order and send it to the line cooks.
India Is on a Tear
Massive modernization presents opportunities for investors.
The Purity Trap
These women went to Bible college to deepen their faith. Then they were assaulted— and blamed for it.
Ola's Scooter Factory Isn't Making Many Scooters
Trouble at such a high-profile project is a bad sign for India’s electric vehicle industry
Love, Non-violence, and Truth
DR. PRAKASH TYAGI is the Executive Director of Gramin Vikas Vigyan Samiti (GRAVIS), an NGO dedicated to working in impoverished rural regions of India, including the Thar Desert, Rajasthan, Uttarakhand, and Bundelkhand. In part 1 of this interview with KASHISH KALWANI, he speaks about applying the Gandhian principles of love, non-violence, and truth to support communities in need.
WISDOM FROM MY FATHER
The tempo 1 was ready to depart. It was a short 30-minute journey from Bhatkal to Uppunda, a sleepy village in coastal Karnataka, India. My father, sister, and I were traveling together.
GM's Exit From India Hits a Roadblock
The long-delayed sale of its plants to a Chinese company faces local labor and political opposition