By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
BusinessLogrBusinessLogr
Aa
  • Home Beauty
  • Stocks
  • Finance
  • Business
  • Company
  • Economy
  • Industry
  • Investing
  • Car News
  • Contact Us!
Reading: Moody’s Analytics stands by its report; says report part of economic outlook series
Share
BusinessLogrBusinessLogr
Aa
Search
  • Home Beauty
  • Stocks
  • Finance
  • Business
  • Company
  • Economy
  • Industry
  • Investing
  • Car News
  • Contact Us!
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
BusinessLogr > Economy > Moody’s Analytics stands by its report; says report part of economic outlook series
Economy

Moody’s Analytics stands by its report; says report part of economic outlook series

deep
Last updated: 2015/11/29 at 11:55 AM
deep Published November 29, 2015
Share
3 Min Read
SHARE

Moody's analytics report

Moody’s Analytics today stood by its report that had asked Prime Minister Narendra Modi to keep BJP members in check or risk losing global credibility and said it was part of its ‘economic outlook series’, a day after the government had berated it.

“The report was published by and is the view of Moody’s Analytics as part of its economic outlook series,” a Moody’s Analytics spokesperson said in an emailed statement.

“The report included a section observing political developments in the context of their potential economic impact, and did not advocate any political agenda or perspective,” he added.

The Government had yesterday issued a statement dismissing report of Moody’s Analytics, published last Friday, saying it was the personal opinion of a junior analyst which was passed off as a commentary on India by a rating agency “by the media to buttress the narrative it wants to portray”.

The strongly worded statement by the government had further said that “it is surprising that sections of the Indian media failed to make a distinction between Moody’s Analytics which is merely a data and analytics firm and Moody’s Investor Services, which provides ratings services.”

In the same breath, it said that “Opinion of a Junior Associate Economist employed with Moody’s Analytics has been splashed all across implying it as the opinion of Moody’s Analytics.”

Moody’s Analytics said it “provides economic research and analysis and is a separate company from Moody’s Investors Service, the ratings agency.”

The October 29 report titled ‘Dismal Scientist – India outlook: Searching for Potential’ authored by Faraz Syed, Associate Economist of Moody’s Analytics, had stated that “While Modi has largely distanced himself from the nationalist jibes, the belligerent provocation of various Indian minorities has raised ethnic tensions.

“Along with a possible increase in violence, the government will face stiffer opposition in the upper house as debate turns away from economic policy. Modi must keep his members in check or risk losing domestic and global credibility.”

While releasing the report on Friday, the firm had said that “if sourcing or referencing any contents from this publication, please quote Moody’s Analytics”.

[“source -financialexpress”]

 

You Might Also Like

body shop with loaner car

WHO says monkeypox has been spreading undetected as global cases rise to more than 550

FedEx Acquires TNT specific, method better delivery in Europe

Endurance International Completes Constant Contact Acquisition

BigCommerce, Xero Partnership adds Cloud Accounting to online Stores

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
deep November 29, 2015
Share this Article
Facebook Twitter Email Print
Share
Previous Article Govt, RBI on same page on monetary policy committee structure
Next Article Cabinet clears power sector rescue package; Piyush Goyal says ‘Rs 4.3 lakh cr debt accumulated with discoms’

Most Viewed Posts

  • 20 Fitness Franchises: Planet Fitness and Beyond
  • Choosing the Right Legal Structure For Your Business
  • bmo harris express loan payment
  • payday loans that work with chime bank
  • 50 Main Street Local Marketing Ideas for the Holidays

Most Viewed Posts

  • 20 Fitness Franchises: Planet Fitness and Beyond
  • Choosing the Right Legal Structure For Your Business
  • bmo harris express loan payment
  • payday loans that work with chime bank
  • 50 Main Street Local Marketing Ideas for the Holidays

Recent Posts

  • The Essence of Public Storage Units
  • Guide to Retirement Planning: Putting Money Into the Future

FOXIZ

© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?