Search For "downgrade"
China to lift COVID-19 testing requirement for travelers from Jan 8
Updated : 3 years, 2 months ago IST
The policy changes came after an announcement by the National Health Commission late Monday that China will downgrade its COVID-19 management from Class A to Class B, starting January 8. The Chinese custom said it will not be necessary to undergo PCR testing after entering the country, howev
Read More
Flyers may soon get refund for involuntary downgrade of booked tickets, fr
Updated : 3 years, 3 months ago IST
A senior DGCA official said that the amendment had been moved to protect the rights of air travellers affected by downgrading of tickets.
Read More
Fitch downgrades India's auto loan sector outlook on economic slowdown ris
Updated : 3 years, 3 months ago IST
High inflation, Fitch Ratings said, may increase the operating costs of vehicles and the cost of living, which may hurt operators' debt servicing capacity.
Read More
Shivpal Yadav's security downgraded from Z to Y category
Updated : 3 years, 3 months ago IST
Shivpal Singh Yadav has been given Y category security in place of Z category security. Superintendent of Police Administrative and Security Vaibhav Krishna gave the order. The decision on the security category of Shivpal Yadav was taken in the meeting of the State Level Security Committee.
Read More
Pakistan's risk of default spikes to 13-year high of 52.8 per cent
Updated : 3 years, 4 months ago IST
Following the global rating agencies Moody's and Fitch downgrading Pakistan's credit rating in recent weeks, Islamabad's risk of default spiked to a 13-year high of 52.8 per cent.
Read More
Credit agency Fitch downgrades Pakistan to CCC+ from B-
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], October 21 (ANI): Fitch Ratings on Friday downgraded Pakistan's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CCC+' from 'B-' amid country's political volatility and deteriorating economy.
Read More
Xi Jinping's zero-Covid policy likely to downgrade global economic growth
Updated : 3 years, 5 months ago IST
Beijing [China], October 20 (ANI): Xi Jinping's strict zero-Covid policy has resulted in an economic slump not only in China but also in the Asian region as the Chinese President's authoritarianism has brought down the growth prospects toward zero.
Read More
Moody's downgrades 5 Pakistani banks' ratings; maintains negative outlook
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], October 12 (ANI): Moody's Investors Service has downgraded the long-term deposit ratings to Caa1 from B3 of five Pakistani banks.
Read More
Moody's downgrades Pakistan with 'C rating' after seven years
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], October 8 (ANI): The New York-based credit rating agency Moody's Investors Service has downgraded Pakistan's local and foreign currency and senior unsecured debt ratings to Caa1 from B3, citing increased government liquidity and external vulnerability risks and higher d
Read More
Credit quality of India Inc strengthens in April-Sept 2022: ICRA
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 3 (ANI): The credit quality of India Inc continued to strengthen in the first half of the current financial year, carrying on with the momentum set in motion since the beginning of the financial year 2021-22, rating agency ICRA said on Monday.
Read More
UAE to send its envoy to Tehran after 6.5 years of downgraded ties
Updated : 3 years, 7 months ago IST
Dubai [United Arab Emirates], August 22 (ANI): The United Arab Emirates (UAE) is set to send its ambassador, Saif Mohammed Al Zaabi, to Tehran to restore diplomatic ties with Iran after a huge gap of 6.5 years, the UAE Ministry of Foreign Affairs and International Cooperation said on Sunday.
Read More
Sri Lanka way? Moody's, Fitch and S&P downgrade Pakistan's rating
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 30 (ANI): Citing the country's weakening economic position, Moody's, then Fitch, and now S&P Global - three major global rating agencies have downgraded Pakistan's long-term rating from stable to negative, according to media reports.
Read More