Mumbai (Maharashtra) [India], Aug 1 (ANI): Energy demand in June contracted by 10.9 per cent year-on-year for the fourth consecutive month to 105.6 billion units but is showing signs of recovery due to gradual lifting of COVID-19 induced lockdown for certain economic activities, according to
London [UK], July 31 (ANI): The impact of 2020 coronavirus recession on GDP will continue to be felt for years to come with GDP levels in the largest advanced economies expected to remain around 3 to 4 per cent below their pre-virus trend path by the middle of this decade, Fitch Ratings h
Mumbai (Maharashtra) [India], July 30 (ANI): Swelling of India's foreign exchange reserves in combination with benign oil prices and tepid imports have led to a current account surplus and helped the Indian rupee to remain broadly stable since mid-March, India Ratings and Research (Ind-Ra) s
Mumbai (Maharashtra) [India], July 28 (ANI): India Ratings and Research (Ind-Ra) has said that Indian active pharmaceutical ingredient (API) companies will benefit from improving demand outlook in the United States.
New Delhi/Mumbai (Maharashtra)/Bengaluru (Karnataka) [India], July 27 (ANI/BusinessWire India): A new business directory NearByAll that allows people to discover and choose local businesses with the help of reviews and ratings from consumers has been just launched in India.
Mumbai (Maharashtra) [India], July 25 (ANI): Fitch Ratings has downgraded Future Retail's long-term issuer default rating and the rating on its 500 million dollars 5.6 per cent senior secured notes due in 2025 to C from CCC-plus with the recovery rating remaining at RR4.
Mumbai (Maharashtra) [India], July 25 (ANI): Domestic commercial vehicle sales are expected to decline by 30 to 35 per cent in the current financial year as the industry is staring at further de-growth while the COVID-led economic downturn adds to negative sentiment, according to Care Rating
Mumbai (Maharashtra) [India], July 25 (ANI): India Ratings and Research (Ind-Ra) has downgraded low-cost carrier Go Airlines India Ltd (Go Air) long-term issuer rating to BBB-plus from A-minus while maintaining it on rating watch negative.
Mumbai (Maharashtra) [India], July 22 (ANI): India Ratings and Research (Ind-Ra) has assigned AAA rating to Hindustan Petroleum Corporation Ltd's (HPCL's) Rs 7,500 crore non-convertible debentures (NCDs) due to the company's strategic importance in supporting fuel retailing and marketing ope
Mumbai (Maharashtra) [India], July 22 (ANI): Global analytical company Crisil's consolidated income from operations for the quarter ended June 30 rose 13.5 per cent to Rs 472 crore compared with Rs 416 crore in the corresponding quarter of previous fiscal.
Singapore, July 21 (ANI): Fitch Ratings has affirmed Indian Oil Corporation's (IOC's) long-term foreign-currency issuer default rating at BBB-minus with a negative outlook.
Singapore, July 20 (ANI): AM Best has downgraded the financial strength rating of New India Assurance Company Ltd -- the largest player in India's non-life insurance market -- to B-double plus (good) from A-minus (excellent) and the long-term issuer credit rating to bbb-plus from a-minus.