Tag: Economy slows down

Truck operators revenue could be hit as economy slows down: Moody’s

NEW DELHI: The ongoing economic growth slowdown may hurt trucking fleet operators’ revenues and ability to repay loans, global ratings agency Moody’s Investors Service warned on Thursday. The losses to asset-backed securities (ABS) will also rise as the economy slows, it said. GDP growth slipped to a six-year low of 5 per cent for the […]

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