'It's about running between the wickets. It's about rotating the strike. It's about never putting yourself under pressure.'
Global ratings agency Moody's on said it has a "negative" outlook on the country's banking system due to concerns over asset quality and the high interest rates.
The agency said that over the next two years new NPL formation rates would witness a gradual decline.
The state-owned bank's loss largely offsets the Rs 1,800-crore (Rs 18-billion) capital injection the government will make in FY14.
The coach of Sunrisers Hyderabad Tom Moody is hoping for Yuvraj Singh's speedy recovery ahead of season nine of the Indian Premier League. The Hyderabad-based franchise made some smart picks in the 2016 IPL Player Auctions. But the biggest name that caught everyone's attention was Yuvraj. However, the senior all-rounder is recovering from an injury, that he sustained during the World T20 and is expected to miss out on the first two weeks of IPL. "A player like Yuvraj Singh is important to any team. He is not only a match-winner with the bat but he is a very useful bowler in those middle overs," Moody said. "Sadly, Yuvraj will be out for a couple of weeks but we don't know how long that is going to be," Moody hoped for Yuvraj's speedy recovery from an ankle injury.
Moody's wanted to learn from the Finance Ministry officials, the steps taken to check subsidy outgo and impact of the proposed right to food bill on the exchequer.
BCCI sources said while skipper Sourav Ganguly favours Chappell, vice-captain Rahul Dravid and Anil Kumble prefer Moody for the India coach's job.
Talks are underway with the Australian to take over the job held by John Dyson, whose term ended last month.
Pointing out that these recent measures are incremental rather than radical, Moody's said, these steps will sustain higher gross domestic product growth and address some of the constraints on the country's sovereign credit profile.
Oil and LNG prices are likely to shoot up if Iran is to block Strait of Hormuz, through which countries like India import crude oil from Saudi Arabia, Iraq and UAE, leading to a spike in inflation, analysts said on the Iran-Israel conflict. The Iran and Israel conflict has escalated over the last few days. Iran first launched drone and rocket attacks on Israel, which retaliated by firing a missile. Crude oil prices have hovered around USD 90 per barrel since the conflict.
It has blamed lack of political will for the slow reform process.
The Adani group is in advanced talks with top sovereign funds based in West Asia to raise up to $2.6 billion for its airport expansion and green hydrogen projects. The group, which expects to close the ongoing financial year ending March with Rs 80,000 crore of Ebitda (earnings before interest, tax, depreciation, and amortisation), has held a series of road shows in London, Dubai, and Singapore with potential investors, briefing them about their future growth plans. The group's flagship, Adani Enterprises, may dilute part of its stake in the airport-holding firm and/or the green hydrogen business to these funds, which are keen to invest in the Indian infrastructure sector, said a source close to the development.
"The downgrade would mean they would have no buyers for their debt papers. It would also impact borrowing from overseas banks," said a Mumbai-based analyst.
Moody's has revised to positive the outlook on the long- term ratings of private sector lenders
Unseasonal rains and hailstorm are likely to disrupt supplies.
India's finance minister Pranab Mukherjee is all set to become the next President of the country.
Predicting that a worsening fiscal position because of repeated tax cuts would further weaken investor confidence in India, Moody's on Wednesday said now it is for the Reserve Bank of India should to take measures to revive the economy.
Credit rating agency Moody's Investors Services said on Monday that it had upgraded India's country ceiling for foreign currency debt to Ba1, the top of the speculative grade, from Ba2 due to a substantial improvement in the external liquidity.
Moody's downgraded local currency bank deposit ratings.
Pointing out that loosening cycle of monetary policy by RBI began only in October, Moody's said, it might not have led to an immediate rebound in domestic consumption. However, the RBI on Thursday stated that monetary measures taken by it were 'appropriate'.
'We forecast real GDP growth to moderate to 6.7 per cent in the year ending March 2018.' 'However, as disruption fades, we expect to see a rebound in real GDP growth to 7.5 per cent in the next fiscal year.'
Rating agency Moody's on Tuesday cautioned that a third front government created by regional parties could lead to capital flight and delay economic recovery.
Australia batsman Shaun Marsh's mentor Tom Moody said the cricketer's biggest challenge now is to fight through the nagging injury problems that are hampering his rise.
On Tuesday, Economic Affairs Secretary Arvind Mayaram told reporters that economic growth this financial year would be over five per cent and the numbers in the second quarter would be better than the first quarter which yielded gross domestic product expansion of 4.4 per cent, a four-year low.
RBI is likely to keep interest rates stable in the near term, revealed Moody's. It may also ease its monetary policy stance later in the year.
Batters are mauling bowlers this IPL like never before, as the impact player rule effectively gives every team 12 players. Where is it taking the game?
Operating sales in Mumbai and London were weaker by 20 per cent and 50 per cent, respectively.
Credit rating agency Moody's Investors Service on Friday assigned senior implied issuer ratings of Ba1 to India's Tata Power and Indian Oil Corp -- one notch above the sovereign rating it assigns to India.\n\n\n\n
Moody's said it expects exposure to low oil prices to shave off 0.8 per cent from real GDP growth on average across oil exporting countries in 2016.
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Moody's became the first rating agency to retain the sovereign rating of Baa3 for the country after the rupee dived below 63 to the dollar, on Monday.
Oil and Natural Gas Corporation, India's largest oil producer, may go in for foreign debt to fund its overseas acquisitions and it has asked Moody's to do a credit rating.
The trade deficit has widened by 61 per cent to touch $25,619.85 million in the first four months of the current fiscal, against $15,841.22 million a year ago, according to official figures.
Moody's Investors Service on Friday said India's economy is expected to contract for the first time in more than four decades saying economic damage owing to the coronavirus-induced lockdown will be significant with lower consumption and sluggish business activity. Even before the coronavirus outbreak, Indian economy already was growing at its slowest pace in six years and with the stimulus measures announced by the government falling short of expectations, the disruptions are likely to be greater. "We now expect India's growth to register a real GDP contraction for the fiscal year ending in March 2021 (fiscal 2020-21), from our earlier projection of zero growth," it said in a research note.
Monsoon is likely to be below normal in the current year at 93%.
This is lower than the country's growth rate of 6.7 per cent for the financial year 2008-09.
Britain's foreign secretary said Prime Minister David Cameron would take note of the assessment in the context of Modi's plans for the development of the Indian economy.
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