Mumbai (Maharashtra) [India], Aug 24 (ANI): India Ratings and Research (Ind-Ra) has downgraded ratings of Macrotech Developers Ltd (MDL) debt instruments to Ind BBB minus from Ind BBB plus and maintained the outlook as rating watch negative.
New Delhi [India], Aug 21 (ANI): India Ratings and Research (Ind-Ra) on Wednesday affirmed engineering major BHEL's long-term issuer rating at IND AA plus but downgraded the outlook.
New Delhi [India], Aug 11 (ANI): If India opts for sovereign borrowing in foreign currency, the move should be accompanied by a well-crafted policy and special safeguard as the foreign exchange reserve is an accumulation of capital account surplus rather than current account, according to
New Delhi [India], Aug 9 (ANI): While the government has infused huge capital in public sector banks (PSBs), the funds have largely been used to mitigate losses and failed to contribute meaningfully to credit growth, according to India Ratings and Research (Ind-Ra).
New Delhi [India], July 31 (ANI): India Ratings and Research (Ind-Ra) on Wednesday said that the one million tonne increase in buffer stock of sugar announced recently by the Cabinet Committee on Economic Affairs (CCEA) is incrementally positive but may not be enough to address the prevailin
Mumbai (Maharashtra) [India], July 24 (ANI): India Ratings and Research (Ind-Ra) has revised IDBI's long-term issuer rating at IND A and short-term issuer rating at IND A1 besides changing the rating outlook from 'rating watch negative' to 'negative.
New Delhi [India], July 11 (ANI): India Ratings and Research (Fitch Group) said on Thursday it expects coal-based capacity addition in the Indian power sector, which fell to a low of 3.6 gigawatt in 2018-19, to remain subdued at five to six GW per year in this fiscal year and next.
Mumbai (Maharashtra) [India], June 19 (ANI): India Ratings and Research (Ind-Ra) has downgraded Jain Irrigation Systems Limited's (JISL) long-term issuer rating to 'IND BBB' from 'IND A-' while placing it on rating watch negative.
New Delhi [India], June 14 (ANI): India Ratings and Research (Ind-Ra) said on Friday that a key driver of lower wholesale inflation has been manufactured products where inflation declined to 1.28 per cent in May compared to 1.72 per cent in April.
Mumbai (Maharashtra) [India], June 5 (ANI): India Ratings and Research (Ind-Ra) said on Wednesday that an interest rate cut by the Reserve Bank of India (RBI), which is almost certain in the second bi-monthly monetary policy statement for 2019-20, is unlikely to stimulate demand in the near-
New Delhi [India], May 27 (ANI): India Ratings and Research (Ind-Ra) said on Monday that it expects India's GDP growth rate during 2018-19 to be 6.9 per cent as against the advance estimate of 7 per cent.
Mumbai (Maharashtra) [India], May 21 (ANI): India Ratings and Research (Ind-Ra) said on Tuesday that steel production in the country will be significantly affected if the auction of mines completing 50 years of operations by March 2020 is materially delayed.