India is among the countries that are most vulnerable to capital outflows as it relies heavily on external funding, global credit rating agency Moody’s cautioned Monday.

Admitting that economic picture is not fully rosy, finance ministry today told global rating agency Moody’s that the country’s growth story is credible and government is taking steps to deal with the fiscal issues.

Moody's will retain its 'stable' outlook on India, expecting economic growth to improve on the back of consumer demand, although the country is still constrained by its fiscal deficit, an analyst at t

Moody's on Monday lowered the European Union's long-term issuer rating outlook from stable to negative, saying the move reflected credit risks of the bloc's key budget contributors.

"It is reasonable

As India faces the prospect of being the first BRICS country to lose its investment-grade credit rating, investors have already delivered their verdict: to them, the country already trades at 'junk' w

Maintaining that it would be wrong to draw a conclusion based on rating agency Moody’s forecast to downgrade India’s GDP, Prime Minister Manmohan Singh on Saturday said that while it was no doubt a ca

Prime Minister Manmohan Singh on Saturday said the downgrade of India's growth forecast by Moody's was a cause of concern but expressed hoped that India would better last year's 6.5 per cent economic growth.

Moody's Analytics cut India's growth forecast to 5.5 per cent for 2012 citing a lack of government or RBI action despite a broad-based slowdown, as well as a poor monsoon.

The research unit of rating

Rating agency Standard & Poor's cut ArcelorMittal's long-term debt to junk status on Thursday and said uncertainty about the debt reduction plans of the world's largest steelmaker and a weak sector ou

Ratings agency Moody's on Tuesday lowered the outlook on the EU's bailout fund from stable to negative, after threatening the triple-A credit ratings of three of the eurozone's major guarantors.

Mood