Search For "ratings"
Moody's maintains stable outlook for India
Updated : 1 year, 11 months ago IST
Following a series of relatively strong growth numbers in the first three quarters of financial year 2023-24, Moody's has revised India's real GDP growth projection to 8 per cent for the full year.
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Fitch downgrades outlook on China to negative
Updated : 1 year, 11 months 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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Maharashtra, Karnataka, Gujarat pioneering trillion-dollar economy milesto
Updated : 1 year, 11 months ago IST
The analysis, presented in a recent publication by Ind-Ra, forecasts that India's economy is on track to ascend to the upper-middle-income category between fiscal years 2033 to 2036, eventually culminating in a USD 15 trillion economy by fiscal years 2043 to 2047.
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States to sustain capex focus with improved fiscal space: Ind-Ra report
Updated : 1 year, 11 months ago IST
Anuradha Basumatari, Director of Public Finance at Ind-Ra, emphasized the favorable conditions for capital expenditure, stating, "Containment of the revenue deficit provides greater fiscal flexibility to states, which is favorable to capital expenditure and is expected to continue in FY25
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Cases under IBC closed through approval of resolution plans jump to 29 per
Updated : 1 year, 11 months ago IST
This uptick in resolutions is attributed to various structural improvements initiated by the Insolvency and Bankruptcy Board of India (IBBI), indicating positive momentum in the resolution landscape.
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Brickwork Ratings Gets SEBI Nod to Resume Business Without Restrictions
Updated : 1 year, 11 months ago IST
Bengaluru (Karnataka) [India], April 1: Brickwork Ratings (BWR) is glad to announce the resumption of business and client onboarding following the order of the Securities and Exchange Board of India (SEBI) order dated March 26, 2024. The SEBI order from September 2023 had previously restrict
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India Shelter Finance Corporation Ltd. Lauded with IND AA-/Stable Rating b
Updated : 1 year, 11 months ago IST
New Delhi [India], April 1: India Shelter Finance Corporation Ltd., a pioneer in the affordable housing finance market, has been awarded an IND AA-/Stable rating by India Ratings and Research (Ind-Ra), affirming its financial resilience and leadership in enabling access to affordable housing
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Third year of revenue growth for hotels, 9-11 percent seen in FY25: CareEd
Updated : 1 year, 11 months ago IST
Uptick in occupancy has not only empowered industry players with enhanced pricing leverage but has also propelled an increase in average room rates.
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Bank credit growth in India expected at 14-14.5pc in FY25: CareEdge Rating
Updated : 1 year, 11 months ago IST
CareEdge Ratings estimates bank credit growth in India to be in the range of 14-14.5 per cent in financial year 2024-25. In current financial year 2023-24, credit offtake is anticipated to close with a growth of around 16 per cent excluding the HDFC merger.
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CareEdge expects India's GDP to grow 7.6pc in current financial year 2023-
Updated : 1 year, 11 months ago IST
According to the rating agency, the economic growth in the current financial year was supported by a strong growth in investment demand led by public capital expenditure.
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India's data centre capacity to double in three years: CareEdge
Updated : 1 year, 11 months ago IST
A data centre is typically a large group of networked servers used by organizations for the remote storage or distribution of large amounts of data.
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Indian banks expected to maintain profitability amid margin pressure: Fitc
Updated : 1 year, 11 months ago IST
According to Fitch, while net interest margins (NIMs) are anticipated to narrow by 10 to 20 basis points over the next two years from the current cyclical peak of 3.6 per cent in the nine months of the financial year ending March 2024 (9MFY24), the sector's earnings resilience will persist.
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