Search For "ratings"
S&P affirms Power Grid's BBB-minus rating with stable outlook
Updated : 5 years, 1 month ago IST
Singapore, Feb 11 (ANI): S&P Global Ratings has affirmed BBB-minus long-term issuer credit rating on Power Grid Corporation, the largest power transmission company in India which manages about 85 per cent of the country's inter-state transmission system.
Read More
Passenger vehicle sales up 11 pc in January: SIAM
Updated : 5 years, 1 month ago IST
New Delhi [India], February 11 (ANI): Passenger vehicle sales rose by 11 per cent to 2.76 lakh units in January from 2.48 lakh units in the year-ago period, the Society of Indian Automobile Manufacturers (SIAM) said on Thursday.
Read More
Credit impact of Indian Budget hinges on growth outlook: Fitch
Updated : 5 years, 1 month ago IST
Hong Kong, February 11 (ANI): India's Budget presented by the government on February 1 points to a loosening of fiscal policy to support the country's ongoing economic recovery from the pandemic and will consequently lead to a rise in public debt, Fitch Ratings said on Thursday.
Read More
Budget proposals positive for India's insurance industry: Fitch
Updated : 5 years, 1 month ago IST
Colombo [Sri Lanka], Feb 10 (ANI): India's 2021-2022 Budget has proposed relaxing foreign-ownership caps on insurers and listing the country's largest state-owned insurer, measures that Fitch Ratings says will help the industry attract foreign capital, strengthen solvency and promote competi
Read More
Profits, credit quality of companies in India recovering about six months
Updated : 5 years, 1 month ago IST
Singapore, Feb 10 (ANI): Profits and credit quality of companies rated by S&P Global Ratings in India, China and Pacific are recovering about six months faster than the agency anticipated with reducing downside risk to ratings.
Read More
Capital support for Indian govt banks to determine loan growth: Fitch
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra), Feb 8 (ANI): Indian state-owned banks will be forced to continue on a path of risk aversion and soft loan growth without adequate capital support from the state, according to Fitch Ratings.
Read More
Rise in sovereign debt to end in 2023: S&P
Updated : 5 years, 1 month ago IST
Singapore, February 5 (ANI): Reflecting increased public spending to deal with the Covid-19 crisis, S&P Global Ratings has projected that median general government debt for all rated 135 sovereigns will rise by end-2021 to a record 62.6 per cent of GDP.
Read More
Jio, Bharti continue to grow on higher tariff, more subscribers: Fitch
Updated : 5 years, 1 month ago IST
Singapore, February 5 (ANI): Fitch Ratings on Friday forecast the Indian telecom industry's mobile segment EBITDA to increase by at least 40 per cent in the financial year to end-March 2021 (FY21) compared with 25 per cent in FY20 following strong performances by market leader Reliance Ji
Read More
Asian demand missing from global recovery: S&P
Updated : 5 years, 1 month ago IST
Singapore, February 4 (ANI): Asia Pacific is managing the pandemic well but the health and economic effects have been far tamer in the region than elsewhere in the world, S&P Global Ratings said on Thursday.
Read More
Global bank credit losses for banks may total $1.8 trillion: S&P
Updated : 5 years, 1 month ago IST
Singapore, February 3 (ANI): S&P Global Ratings on Wednesday lowered its forecast of credit losses for banks globally at 1.8 trillion dollars in 2020 and 2021, down 15 per cent from its previous estimate of 2.1 trillion dollars in July 2020.
Read More
India's discom reform plan to benefit gencos in long term: Fitch
Updated : 5 years, 1 month ago IST
Singapore, Feb 2 (ANI): India's proposed plan to improve operations and finances of state-owned distribution companies (discoms), the weakest link in power supply value chain, will help mitigate cash flow stress observed in rated power generation companies (gencos) over time, according to Fi
Read More
Deficit targets in India's Budget are higher: Fitch
Updated : 5 years, 1 month ago IST
Singapore, February 2 (ANI): Deficit targets presented in India's Budget are higher and medium-term consolidation more gradual than expected, Fitch Ratings said on Tuesday.
Read More