Janata Dal-Secular leader and former Karnataka Chief Minister HD Kumaraswamy affirmed on Monday his party's support to Prime Minister Narendra Modi and the National Democratic Alliance (NDA) to form a 'stable government.'
Pune (Maharashtra) [India], June 6: The financial markets can be a rollercoaster ride, with ups and downs that may leave even seasoned investors feeling uneasy. During these volatile times, it's crucial to have a stable investment option in one's portfolio. Bajaj Markets, one of the leading
Fitch Ratings has maintained its assessment of India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook, despite the coalition government following the recent election results.
China's Ministry of Foreign Affairs has congratulated Prime Minister Narendra Modi, the BJP, and the National Democratic Alliance (NDA) on their election victory in the Lok Sabha elections.
India is currently enjoying a robust economic phase, often referred to as a "mini-Goldilocks moment," characterized by a combination of strong macroeconomic indicators.
According to ICRA, this upgrade is attributed to ATGL's improved financial risk profile, driven by sustained growth in sales volume, which has resulted in an increased scale of operations and better profitability.
Welcoming the revision of India's outlook in S&P Global Ratings from stable to positive, Union Minister Piyush Goyal said it is a rightful recognition of PM Modi's effective management of the economy.
The upgrade considers AGEL's continued strong operational asset performance and a scale-up in execution, with annual capacity additions projected to increase to 4GW-5GW from the previous 2.5-3.5GW.
S&P Global Ratings on Wednesday revised its rating outlook on India to positive from stable, and added that it expects continuity in economic reforms and fiscal policies regardless of the Lok Sabha election outcome.