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

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

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.