Rating agency Moody downgraded its outlook from stable to negative
Moody’s rating agency changed its outlook on India to ‘negative’ from ‘stable’. Interestingly, the latest cut has come after weeks of continued efforts— from cut in corporate taxes to merging large banks, creating a rescue fund for cash-strapped builders, and other stimulus measures — by the Modi government to revive the economy.
Moody's upgraded India in November 2017, a year after demonetisation, but economic growth has hit a six-year low since then.
Motu Patlu’s creators eye the big fat Chinese cartoon market with 5 new shows
“We have 4-5 new shows under production for China. I strongly believe that both India and China have similar culture, family values, and lifestyle,” said Suhas Kadar, Chief Creative Officer, Cosmos Maya to Business Insider India in an interview.
OYO founder Ritesh Agarwal was recently booked in a cheating case by a hotel owner in Bengaluru