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India's second COVID wave heightens downside risks to GDP, credit
Updated : 4 years, 10 months ago IST
Hong Kong, April 28 (ANI): India's escalating second wave of COVID-19 infections poses downside risks to GDP and heightens the possibility of business disruptions, S&P Global Ratings said on Wednesday.
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PLI scheme to reduce cost of manufacturing AC components: Ind-Ra
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], April 26 (ANI): The new production-linked incentive (PLI) scheme aimed at encouraging domestic production of white goods will reduce import dependence over medium term, India Ratings and Research (Ind-Ra) said on Monday.
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Moody's affirms Macrotech Developers' Caa1 rating, changes outlook to posi
Updated : 4 years, 10 months ago IST
Singapore, Apr 24 (ANI): Moody's Investors Service has affirmed Macrotech Developers Ltd's (MDL's) Caa1 corporate family rating and the Caa1 backed senior secured rating of Lodha Developers International Ltd's USD bonds guaranteed by MDL.
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Ind-Ra revises FY22 GDP growth forecast to 10.1 pc
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], Apr 23 (ANI): India Ratings and Research (Ind-Ra) on Friday revised down FY22 real GDP growth forecast to 10.1 per cent from earlier projection of 10.4 per cent, mainly due to the second wave of Covid-19 infections and slower pace of vaccination.
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Vaccinating all above 18 years to cost 0.36 pc of GDP: Ind-Ra
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], April 23 (ANI): The cost of vaccinating the entire population above 18 years of age will be only 0.36 per cent of the gross domestic product (GDP), according to India Ratings and Research (Ind-Ra).
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Fitch affirms India at BBB-minus, Covid not to derail economic recovery
Updated : 4 years, 10 months ago IST
Hong Kong, April 23 (ANI): Fitch Ratings has affirmed India's long-term foreign-currency issuer default rating (IDR) at BBB-minus and said the surging second wave of Covid-19 might delay GDP recovery but will not derail the economy.
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A-Pac financial institutions' Covid recovery to be long and laborious: S&a
Updated : 4 years, 11 months ago IST
Melbourne [Australia], April 22 (ANI): Credit conditions have improved for Asia Pacific banks over the past quarter but the pandemic has set back finances of households and corporates with deeply negative effects on lenders, S&P Global Ratings said on Thursday.
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Fullerton India launches Free Credit Score Service online
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 22 (ANI/BusinessWire India): Fullerton India Credit Company is a leading non-banking financial institution with branches all over India. Fullerton offers a Free Credit Score Service online for its customers.
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SKIPS nails its name into ranking reports with Platinum ratings
Updated : 4 years, 11 months ago IST
New Delhi [India], April 21 (ANI/Digpu): The "New Normal"- This term has gained popularity since the beginning of the COVID-19 pandemic. The global slowdown in the post pandemic era has affected all aspects of life. One sector where this term -"new normal" makes a new sense, is the Indian jo
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Asia Pacific's energy transition will be long-drawn-out: S&P
Updated : 4 years, 11 months ago IST
Singapore, April 21 (ANI): Energy transition is firmly underway in Asia-Pacific (APAC) but the pace and degree varies across markets, S&P Global Ratings has said in a new study.
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Crisil assigns A/stable rating to long-term bank facilities of Snowman Log
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 20 (ANI): Crisil has assigned A/stable rating to long-term bank facilities of Snowman Logistics, reflecting its established market position in the temperature-controlled logistics segment and benefits from continued parentage due to operational and strategic
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Indusface AppTrana ranks #1 in overall ratings of 2021 Gartner Peer Insigh
Updated : 4 years, 11 months ago IST
Bengaluru (Karnataka) [India], April 20 (ANI/PRNewswire): Indusface, a leading application security SaaS company that continually detects security risks, provides real time protection and improves performance of applications, today announced that its product 'AppTrana' has been ranked #1 in
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