Singapore, December 14 (ANI): COVID-19's effect on industries has varied dramatically and will continue to be felt for years in terms of the growth outlook, financial policy and credit metrics, S&P Global Ratings said on Monday.
Singapore, December 11 (ANI): S&P Global Ratings on Friday lowered its long-term foreign and local currency sovereign credit ratings on Sri Lanka to CCC-plus from B-minus.
Geneva [Switzerland], December 11 (ANI): The International Air Transport Association (IATA) has released new estimates for the impacts of COVID-19 on air transport and economies in Europe in 2020, indicating a further deterioration in revenues, job prospects and economic activity across the
Singapore, December 4 (ANI): The COVID-19 pandemic will continue to put a heavy strain on global credit conditions in 2021 despite positive news on a vaccine, S&P Global Ratings said on Friday in its 'Global Credit Outlook 2021: Back On Track?'
London [UK], November 3 (ANI): China's unusual step of seeking to unilaterally alter the status quo along LAC in eastern Ladakh has led to "deterioration of ties" between the two countries, Foreign Secretary Harsh V Shringla said on Tuesday and noted that India stands resolute in its reso
Chennai (Tamil Nadu) [India], October 31 (ANI): Tamil Nadu Agriculture Minister Thiru R Doraikannu, undergoing treatment for the novel coronavirus, has suffered a "significant deterioration" in vital functions, hospital sources said on Saturday.
Canberra [Australia], October 21 (ANI): The deterioration in both India and Australia's relations with China has inevitably brought the two countries together and as Beijing has threatened to dial back its economic engagement, Canberra have looked to New Delhi as an attractive alternative
Mumbai (Maharashtra) [India], September 28 (ANI): The Reserve Bank of India (RBI) has approved a three-member committee of directors to run the day-to-day functioning of cash-strapped Lakshmi Vilas Bank.
Singapore, September 21 (ANI): Fitch Solutions has made a further downward revision to India refined fuels demand forecast for 2020 from minus 9.4 per cent to minus 11.5 per cent in line with further deterioration in the country's economic outlook.
Islamabad [Pakistan], September 15 (ANI): After witnessing deterioration in ties between Pakistan and Saudi Arabia for months, Islamabad on Monday made an attempt to mend its relationship with the Kingdom.
Singapore, Sep 11 (ANI): The aggregate earnings before interest, taxes, depreciation and amortisation (EBITDA) for 22 rated Indian non-financial companies will fall by 24 per cent in the current financial year, global rating agency Moody's said on Friday.
Hong Kong/Shanghai, September 4 (ANI): The fall in Chinese banks' profits will accelerate in the second half of current calendar year as authorities target to more than double the amount of non-performing loans (NPLs) resolved compared with the first half of the year, Fitch Ratings has said.