Hong Kong, February 11 (ANI): India's Budget presented by the government on February 1 points to a loosening of fiscal policy to support the country's ongoing economic recovery from the pandemic and will consequently lead to a rise in public debt, Fitch Ratings said on Thursday.
Abu Dhabi [UAE], February 9 (ANI/WAM): Indian Space Research Organisation (ISRO), which had successfully sent a spacecraft to Mars in 2014, has "a positive outlook" on the Hope Probe's success, which "will expand the global team that can coordinate and jointly plan future missions to Mars."
Singapore, February 2 (ANI): Deficit targets presented in India's Budget are higher and medium-term consolidation more gradual than expected, Fitch Ratings said on Tuesday.
Singapore, January 28 (ANI): S&P Global Ratings expects most Asia Pacific sovereign credit ratings to remain unchanged in the next one to two years despite the continued pressures posed by Covid-19.
Singapore, January 27 (ANI): S&P Global Ratings has said Vedanta Resources' increased ownership in Vedanta Ltd will support the company's ability to meet its debt maturities over the next 12 to 18 months.
Mumbai (Maharashtra) [India], January 22 (ANI): Equity benchmark indices swung between minor gains and losses during early hours on Friday amid some uncertainty about the near-term outlook for global economy.
Singapore, Jan 18 (ANI): Fitch Ratings said on Monday it has downgraded Delhi International Airport Ltd's (DIAL's) long-term issuer default rating (IDR) and the ratings on its outstanding senior unsecured notes to BB from BB-plus.
Mumbai (Maharashtra) [India], January 15 (ANI): India Ratings and Research (Ind-Ra) has downgraded Safety Controls & Devices Pvt Ltd's (SCDPL's) long-term issuer rating to BB with a negative outlook from BB-plus.
Geneva [Switzerland], January 13 (ANI): The International Air Transport Association (IATA) expects the industry to turn cash positive this year but not until the fourth quarter with the rollout of vaccines gradually giving governments the confidence to reopen markets.
Mumbai (Maharashtra) [India], January 12 (ANI): India Ratings and Research (Ind-Ra) has assigned Punjab Renewable Energy Systems Pvt Ltd (PRESPL) a long-term issuer rating of BBB-minus with a stable outlook.
Mumbai (Maharashtra) [India], Jan 11 (ANI): Bank credit growth remains moderate but the outlook is improving due to healthy traction in mortgage, auto and cards led by faster economic recovery, Emkay Global Financial Services said on Monday.
New Delhi [India], January 8 (ANI): Toll collections witnessed a marked improvement on the back of increased movement of both passenger and commercial vehicles which have picked up significantly over the last three months, thereby surpassing pre-Covid levels, according to ICRA.