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Sea and road transport recover after easing of lockdown restrictions: Ind-
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 7 (ANI): A moderate recovery for sea and road transport is underway post the easing of lockdown restrictions while air transport remains severely stressed, according to India Ratings and Research (Ind-Ra).
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Indian telcos' revenue grows strongly defying coronavirus: Fitch
Updated : 5 years, 7 months ago IST
Singapore, Aug 7 (ANI): Indian telecom operators reported strong revenue and earnings before interest, taxes, depreciation and amortisation (EBITDA) growth in the three months ending June (Q1 FY21) due to tariff growth and higher data usage, defying the economic slowdown from the countrywide
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Ellen DeGeneres' show hits new series low ratings amid reports of toxic wo
Updated : 5 years, 7 months ago IST
Washington D.C. [USA], Aug 5 (ANI): 'The Ellen DeGeneres Show' hit a new low in July 2020 after reports of alleged toxic work environment.
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Asset quality risks for banks, NBFCs remain elevated: ICRA
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 5 (ANI): A further deterioration in asset quality and the risks for banks and non-banking finance companies (NBFCs ) continue to remain high despite most of them reporting a decline in the loans under moratorium phase two (June to August 2020), rating agency ICRA said
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Reverse labour migration may lead to multiple headwinds for manufacturing
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 5 (ANI): The recent surge in COVID-19 positive cases and subsequent lockdown imposed by various states are preventing the return of migrant labourers to their workplace, though such measures are necessary to control the outbreak, India Ratings and Research (
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Moody's upgrades Yes Bank to B3 following equity capital raising
Updated : 5 years, 7 months ago IST
Singapore, Aug 4 (ANI): Moody's Investors Service has upgraded Yes Bank's long-term foreign-currency issuer rating to B3 from Caa1.
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Indian banks to require more capital as safeguard against stress: Fitch
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 1 (ANI): Indian state-owned banks' plans to raise capital from private sources will not be sufficient to mitigate anticipated risks unless supplemented with additional capital support from the government, according to Fitch Ratings.
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Energy demand in India showing signs of recovery: Ind-Ra
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 1 (ANI): Energy demand in June contracted by 10.9 per cent year-on-year for the fourth consecutive month to 105.6 billion units but is showing signs of recovery due to gradual lifting of COVID-19 induced lockdown for certain economic activities, according to
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Coronavirus impact on GDP will be felt for years to come: Fitch
Updated : 5 years, 7 months ago IST
London [UK], July 31 (ANI): The impact of 2020 coronavirus recession on GDP will continue to be felt for years to come with GDP levels in the largest advanced economies expected to remain around 3 to 4 per cent below their pre-virus trend path by the middle of this decade, Fitch Ratings h
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Current account and forex reserve supporting Indian rupee: Ind-Ra
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 30 (ANI): Swelling of India's foreign exchange reserves in combination with benign oil prices and tepid imports have led to a current account surplus and helped the Indian rupee to remain broadly stable since mid-March, India Ratings and Research (Ind-Ra) s
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ICRA reaffirms IndiGo's long-term rating at A-plus with negative outlook
Updated : 5 years, 7 months ago IST
New Delhi [India], July 30 (ANI): Rating agency ICRA has reaffirmed IndiGo's long-term rating at A-plus with a negative outlook but downgraded short-term rating by one notch from A1-plus to A1.
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Indian API companies to benefit as global customers try to reduce dependen
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 28 (ANI): India Ratings and Research (Ind-Ra) has said that Indian active pharmaceutical ingredient (API) companies will benefit from improving demand outlook in the United States.
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