Debt rating News
The company ranks the creditworthiness of borrowers using a standardized ratings scale which measures expected investor loss in the event of default. Moody's Investors Service rates debt securities in several bond market segments.
Chief Economic Adviser Arvind Subramanian said that the government will do what it has to do on domestic front, jobs growth and investment revival.
VW has already said it will set aside 6.5 billion euros (USD 7.4 billion) in provisions in the third quarter.
Ratings company Moody`s on Tuesday slashed Puerto Rico`s debt rating by three notches into even deeper junk status after the US territory passed a debt-restructuring law.
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