Indian stock markets ended higher on Monday with the BSE Sensex closing 676 points higher at 81,273.75, while the Nifty50 settled at 24,876.95, up 246 points or one per cent. Earlier in the session, Nifty had briefly crossed the 25,000 mark, touching an intraday high of 25,022.
Second Party Opinions (SPOs) have emerged as a key instrument to ensure that environment, social and governance (ESG)-labelled bonds and loans meet global standards and remain credible in the eyes of investors. According to a report by ICRA ESG Ratings Limited, SPOs are designed to provide a
Indian stock markets opened with a strong rally on Monday as investor sentiment improved following the government's announcement of GST cuts and the sovereign rating upgrade for India by S&P Global.
In a major move, ratings agency S&P Global on Thursday raised its sovereign credit ratings on India to 'BBB' from 'BBB-'. According to the ratings agency, India is prioritising fiscal consolidation, demonstrating the government's political commitment to deliver sustainable public fina
Vincent Keymer's dominance over a star-studded field also catapulted him into the world's Top 10 on the live rating list, underlining his arrival among the game's elite
Mehul Pandya, Managing Director and Group CEO of CareEdge Ratings, believes that the primary reason for the slow pace of private capital investment in India lies in the private sector's cautious approach to capital commitments.
Economists and market experts have welcomed S&P Global Ratings' decision to upgrade India's sovereign credit rating from BBB- to BBB, terming it a recognition of the country's strong fundamentals, sound fiscal management, and growing global economic clout.
Foreign capital inflows into India are likely to accelerate following S&P's recent credit rating upgrade, which is also expected to lower borrowing costs for the country, said Sonal Badhan, Economist at Bank of Baroda (BoB).
India has received its first sovereign credit rating upgrade in 18 years, with S&P Global Ratings raising the country's long-term rating to 'BBB' from 'BBB-' and the short-term rating to 'A-2' from 'A-3', while keeping the outlook stable. The announcement, shared in a tweet by the Indian
In a significant boost to investor confidence, S&P Global Ratings has upgraded India's long-term unsolicited sovereign credit rating to 'BBB' from 'BBB-', while also raising the short-term rating to 'A-2' from 'A-3'.