Search For "ratings agency"
"Sovereign rating upgrade was much required," says PM EAC member Sanjeev S
Updated : 9 months, 2 weeks ago IST
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
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Revenue of railway sector companies expected to grow at moderate pace of 5
Updated : 1 year, 1 month ago IST
The revenue of companies operating in the Indian railway sector is expected to grow at a moderate pace of 5 per cent in the financial year 2025-26 (FY26), according to a recent analysis by ratings agency ICRA.
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Fitch Ratings affirms stable outlook for key Indian banks amid economic tu
Updated : 2 years, 1 month ago IST
The ratings agency affirmed various credit ratings for these institutions, signaling confidence in their financial stability despite ongoing economic challenges.
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Fitch downgrades outlook on China to negative
Updated : 2 years, 1 month ago IST
Ratings agency Fitch revised its outlook on China's sovereign credit rating to negative from stable, citing risks to the country's public finance outlook and amid a transition away from real estate sector-led growth.
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Current Account Deficit expected to reach year's high of 1.2 % of GDP in F
Updated : 2 years, 2 months ago IST
According to a press release, this forecast represents a marginal increase from the previous quarter's deficit of 1.0 per cent of GDP and marks a year's high, surpassing the deficit recorded in the corresponding quarter of the previous fiscal year (3QFY23: USD16.8 billion, 2.0 per cent of GD
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Fitch places US on rating watch negative amid debt ceiling fight
Updated : 3 years ago IST
The credit ratings agency placed top-ranked US credit on rating watch negative, reflecting the uncertainty surrounding the current debt ceiling debate and the possibility of a first-ever default, CNN Business said.
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FTA with Australia to create a level-playing field for garment textile exp
Updated : 3 years, 5 months ago IST
Australia's zero import duty access to India, which was earlier 5 per cent, will provide a level-playing field with exports from China, Vietnam and Bangladesh, the Ratings agency said on Thursday.
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Strong demands support growth momentum for road logistics sector: ICRA
Updated : 3 years, 7 months ago IST
New Delhi [India], October 6 (ANI): The domestic road logistics sector is expected to continue its growth momentum in FY2023 supported by the accelerated pace of business activities, following a healthy growth in FY2022, ratings agency ICRA said on Thursday.
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Fitch downgrades Pakistan's outlook from stable to negative
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], July 19 (ANI): Amid renewed political volatility, the Fitch Ratings agency on Tuesday downgraded Pakistan's outlook from stable to negative.
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Rising input costs to hurt profitability of Indian pharma sector in 2022-2
Updated : 3 years, 10 months ago IST
New Delhi [India], July 19 (ANI): Faced with rising prices of active pharmaceutical ingredients (APIs), and other key inputs coupled with a rise in freight and energy costs, the operating profitability of Indian pharmaceutical companies is expected to decline by 200-250 basis points (or 2.5
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S&P upgrades outlook on Axis Bank from 'stable' to 'positive'
Updated : 4 years, 4 months ago IST
Mumbai [India], January 26 (ANI): Global ratings agency Standard and Poor's (S&P) has upgraded the outlook on Axis Bank from 'stable' to 'positive' citing an improvement in asset quality of the private sector lender.
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Fiscal deficit to undershoot, may spur cancellation of final two G-sec auc
Updated : 5 years, 2 months ago IST
New Delhi [India], March 5 (ANI): The yield for the 5.85 per cent government security (GS) 2030 has risen by more than 35 basis points since its introduction to 6.23 per cent intra-day as on Friday with an uptick in recent weeks led by higher-than-expected fiscal deficit, ratings agency ICRA
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