2020 Outlook For The Asian Steel Sector Is Negative: Moody’s

Moody’s Investors Service on Tuesday said that its 2020 outlook for the Asian steel sector is negative, reflecting weakening profitability for rated steelmakers amid softening demand, declining steel prices and elevated iron ore prices which is a key input in finished steel products.

Corporate Tax Cut: Markets are happy but fiscal risks intensify

The government’s decision to reduce the base corporate tax rate to 22 per cent from 30 per cent as part of stimulus measures to revive slowing economic growth is credit positive for companies because it will enable them to generate higher post-tax incomes, Moody’s Investors Service said on Saturday.

India’s credit rating hinges on policies of new govt: Moody’s

Moody’s says India’s rating hinges on policies of new govt Moody’s Investors Service said on Thursday that India’s credit rating will depend on the policies of the new government and expressed the hope that the country will continue with its…