Search For "ratings"
S&P forecasts 75 basis points repo rate cut in India in 2024-25
Updated : 1 year, 11 months ago IST
S&P Global Ratings forecast rate cuts of up to 75 basis points (100 basis points is equal to 1 percentage point) in India by its central bank in the financial year 2024-25.
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China's 2024 growth expected at 4.6%, versus 5.2% in 2023: S&P
Updated : 1 year, 11 months ago IST
According to the global rating agency, the key risks in the Chinese economy are weakness in its property market and consumption, which it argues could lead to lower growth.
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Indian banks' profitability to remain resilient despite margin pressure: F
Updated : 1 year, 11 months ago IST
Profitability of Indian banks is likely to continue to improve, although net interest margin (NIM) compression will limit earnings upside over the medium term, according to Fitch Ratings.
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India's growth projected at 6.8 per cent, inflation to decline to 4.5 perc
Updated : 1 year, 11 months ago IST
The forecast suggests a moderation in India's real GDP growth to 6.8 per cent in fiscal year 2025, ending in March 2025.
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India aims for 30 percent of all vehicle sales to be electric by 2030: Car
Updated : 1 year, 11 months ago IST
EVs offer the lowest lifetime cost, followed by CNG. Demand for EVs is booming, driven by government incentives, reducing battery costs, and rising fuel costs, especially petrol and diesel.
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Winners of AmbitionBox Employee Choice Awards 2024 Declared: Mahindra &
Updated : 1 year, 11 months ago IST
Delhi-NCR [India], March 22: AmbitionBox, India's No. 1 platform for company reviews and salary insights announced the ABECA 2024 - AmbitionBox Employee Choice Awards, India's largest employee choice awards. In the 3rd edition of these awards, this year the winners were decided based on rati
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CRISIL Ratings upgrades U GRO Capital Limited's rating to CRISIL A/Stable
Updated : 1 year, 12 months ago IST
Mumbai (Maharashtra) [India], March 20: U GRO Capital, a leading DataTech NBFC focused on MSME lending marks a milestone as CRISIL Ratings upgraded its long-term rating on bank loans and non-convertible debentures to 'CRISIL A/Stable' from 'CRISIL A-/Positive', affirming the short-term ra
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Fitch raises India 2023-24 growth forecast above government estimates
Updated : 2 years ago IST
This growth forecast by the global rating agency is 20 basis points higher than the government's estimate of 7.6 per cent.
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Fitch raises global growth forecast on improved near-term prospects
Updated : 2 years ago IST
Fitch Ratings has raised its 2024 global GDP growth forecast by 0.3 percentage points to 2.4 per cent in its latest Global Economic Outlook (GEO), arguing that the prospects for growth world over in the near-term have improved.
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Current Account Deficit expected to reach year's high of 1.2 % of GDP in F
Updated : 2 years 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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EcoRatings Garners Significant Recognition at the 18th India Digital Summi
Updated : 2 years ago IST
New Delhi [India], March 7: EcoRatings, the world's first AI-powered platform for ESG ratings of products and services, has achieved a significant milestone by winning the prestigious Digital Responsibility Award for Business Empowerment at the renowned 18th edition of the India Digital Summ
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Asia-Pacific corporates face escalating risks, defaults mount: Moody's
Updated : 2 years ago IST
According to the report, by the end of 2023, the share of ratings with a stable outlook in the Asia-Pacific corporate portfolio had declined significantly, plummeting from 83 per cent at the end of 2022 to a mere 68 per cent.
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