Hong Kong, June 14 (ANI): Foreign investors are dumping yuan and fleeing China post COVID-19 lockdown and rate cuts which is exacerbating foreign capital outflow.
New Delhi [India], June 9 (ANI): Data centre capacity in India is estimated to post a five-fold jump in the next five years and attract an investment of around Rs 1.20 lakh crore during this period, as per a recent report by rating agency ICRA.
Islamabad [Pakistan], June 4 (ANI): The New York-based credit rating agency Moody's Investor Service downgraded Pakistan's outlook to negative from stable amid a delay in a deal with the International Monetary Fund (IMF) for an economic bailout.
Mumbai (Maharashtra) [India], May 31 (ANI/BusinessWire India): Welspun India Ltd, a global leader in Home Textiles, has been rated Strong in the Sustainability Yearbook 2022, released by CRISIL, an S&P Global company and leading rating agency in India. Based on fiscal 2021 data, CRISIL a
New Delhi [India], May 26 (ANI): Rating agency Moody's on Thursday lowered India's economic growth forecast for 2022 by 30 basis points to 8.8 per cent from its earlier projection of 9.1 per cent announced in March.
Mumbai (Maharashtra) [India], May 16 (ANI): The recent ruling by the Supreme Court that underscores the primacy of the Reserve Bank of India (RBI) as the regulator and supervisor of the non-banking financial companies (NBFCs), has removed a key regulatory overhang, rating agency CRISIL said
Islamabad [Pakistan], April 12 (ANI): With Pakistan facing political turmoil and a sliding economy, further deterioration in its external position including widening of current account deficit and erosion of foreign exchange reserves, would threaten the government's external repayment posit
New Delhi [India], March 22 (ANI): Rating agency Fitch on Tuesday lowered India's GDP growth forecast to 8.5 per cent for the financial year 2022-23 citing the risks to the economy due to higher energy prices.
New Delhi [India], March 17 (ANI): Global rating agency Moody's on Thursday lowered India's economic growth estimate for the calendar year 2022 to 9.1 per cent for its earlier projection of 9.5 per cent citing the adverse impact of the ongoing Russia-Ukraine conflict on the global economy.
Moscow [Russia], March 9 (ANI/Sputnik): International rating agency Fitch Ratings said it has downgraded Russia's long-term foreign-currency issuer default rating to 'C' from 'B'.
New Delhi [India], March 3 (ANI): The global rating agency Moody's Investors Service (Moody's) on Thursday downgraded the Government of Russia's long-term issuer (local- and foreign-currency) and senior unsecured (local- and foreign-currency) debt ratings by several notches to B3, a junk sta
New Delhi [India], February 9 (ANI): Finance Minister Nirmala Sitharaman sprung a surprise in Budget 2022 by setting aside a whopping Rs 7.50 lakh crore as capital expenditure for FY23 in Budget 2022, which domestic credit rating agency Crisil on Wednesday said "is not as large as it seems".