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Vistaar Finance gets a rating upgrade to 'A' with stable outlook from ICRA
Updated : 3 years, 9 months ago IST
Bengaluru (Karnataka) [India] June 20 (ANI/BusinessWire India): Vistaar Finance, an NBFC lending to MSMEs in India, has received an upgrade in its credit rating as per ICRA rating rationale dated [June 17, 2022]. The long-term credit rating of the Company has been upgraded from [ICRA] A- (St
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Luggage makers set to travel past pre-pandemic revenues: Report
Updated : 3 years, 9 months ago IST
New Delhi [India], June 16 (ANI): Luggage makers are set to wheel in on-year revenue growth of 45-50 per cent this fiscal on the back of pent-up tourism demand, resumption of corporate travel, reopening of schools/colleges/offices, and limited restrictions on festivities and social events, C
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Rs 18 lakh crore NBFC debt set to become dearer by 85-105 bps this fiscal
Updated : 3 years, 9 months ago IST
New Delhi [India], June 14 (ANI): Borrowing costs for non-banking financial companies (NBFC) are expected to become costlier by 85-105 basis points in the current financial year due to an increase in policy rates by the Reserve Bank of India (RBI), CRISIL Ratings said in a report released on
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China's COVID-19 lockdown, rate cuts driving down yuan
Updated : 3 years, 9 months ago IST
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.
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Proposed guidelines for Registered Medical Practitioners (2022) by the Nat
Updated : 3 years, 9 months ago IST
New Delhi [India], June 11 (ANI/SRV): The National Medical Commission (NMC) spells out new ethics guidelines for doctors, clinics, and hospitals on the use of social media. Invites comments from stakeholders. The National Medical Commission (NMC) has issued guidelines to stop the unethical u
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Fitch lowers India's GDP growth forecast for 2022-23 to 7.8 per cent
Updated : 3 years, 9 months ago IST
New Delhi [India], June 10 (ANI): Fitch Ratings on Friday lowered India's gross domestic product (GDP) growth forecast for the financial year 2022-23 to 7.8 per cent from its earlier projection of 8.5 per cent announced in March, citing inflationary impacts of the global commodity price shoc
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Fitch revises outlook on India to 'stable' from 'negative'
Updated : 3 years, 9 months ago IST
New Delhi [India], June 10 (ANI): Fitch Ratings on Friday revised its outlook on India's long-term foreign currency Issuer Default Rating (IDR) to "Stable" from "Negative" citing diminished downside risks to medium-term growth.
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Pakistan: Imran Khan blames Shehbaz Sharif government for rising inflation
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 10 (ANI): Pakistan Tehreek-e-Insaf (PTI) Chairman and former prime minister Imran Khan on Thursday blamed the Shehbaz Sharif-led government for rising inflation in the country which is adversely affecting the overburdened population.
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Data centre industry has Rs 1.20 lakh crore investment in pipeline: Report
Updated : 3 years, 9 months ago IST
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.
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Woxsen University tops the chart in latest Positive Impact Rating at globa
Updated : 3 years, 9 months ago IST
Hyderabad (Telangana) [India], June 6 (ANI/PR Newswire): The School of Business, Woxsen University achieves Level 5, the highest level in the 2022 Edition of positive Impact Rating at the Global Level. Positive Impact Rating (PIR) is a Swiss Association which governs the rating and is globa
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Hike in third-party motor insurance premium to only partially offset insur
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 4 (ANI): The Ministry of Road Transport and Highways' recent move to increase the premium on third-party motor insurance after two years is a step in the right direction, but unlikely to fully offset the segment's underwriting losses, CRISIL Ratings said in
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Credit rating agency Moody's downgrades Pakistan outlook to 'negative'
Updated : 3 years, 9 months ago IST
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.
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