Credit Ratings
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India's Sovereign Rating Upgraded To 'A-' From 'BBB+' By Japanese Agency
In an official statement on Wednesday, JCRA said the Indian economy has maintained a high growth rate of around 7 per cent, supported by strong private consumption and public investment.
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'We May Raise Further If...': Global Ratings Agency's Big Note To India
Global ratings agency S&P has upgraded India's credit rating for the first time in nearly two decades, bumping the country from BBB to BBB- with a stable outlook, and invaliding Donald Trump's eyebrow-raising 'India is a dead economy'.
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NDTV Explains: India And The US' Awkward 'AAA' Ratings Cut, Debt Story
Moody's has joined Fitch and S&P in cutting the US' credit rating, dropping the world's largest economy from a perfect 'AAA' to one notch below. Why? Because of a ballooning federal deficit and debt-to-GDP ratio that threatens an almost unthinkable d
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India's Long-Term Credit Rating Upgraded To 'BBB'. What It Means
India's long-term credit rating has been improved from 'BBB (low)' to 'BBB' by Morningstar DBRS, a global sovereign credit rating agency. The country's credit outlook has been revised to 'Stable' from 'Positive'.
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India To See Higher Consumer Spending With Ease In Inflation: Rating Agency Fitch
Putting an end to the debate on India's growth based on the government's capex push, global rating agency Fitch Ratings said that consumer spending will increase with elevated consumer confidence, a sign of enhanced income for people.
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US Debt: What Does The Loss Of Triple A Rating Mean
Fitch has downgraded its credit rating for the United States, becoming the second of the top-three ratings agencies to strip the country of a top AAA rating. The impact upon the world's top economy is likely to be just symbolic, at least immediately.
-
Fitch Downgrades US Credit Rating, White House Says "Defies Reality"
Fitch downgraded the United States' top-notch credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs.
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China Punishes Major Ratings Agency For Violations In Rare Step
One of China's biggest debt rating agencies has been punished by the country's securities regulator and a supervisory group under the central bank, in a rare rebuke that underscores Beijing's concern about credit risks at a time of slowing economic growth.
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Moody's Withdraws RCom's Corporate Family Rating On 'Default'
Moody's said it has withdrawn the RCom ratings as it considers a missed scheduled payment either of interest or principal as a "default".
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PM Modi Calls For Early Establishment Of BRICS Credit Rating Agency
Prime Minister Narendra Modi today strongly pitched for setting up of a BRICS credit rating agency to counter western rating institutions and cater to the financial needs of sovereign and corporate entities of developing nations.
-
India, Russia To Develop 'Independent' Credit Rating Industry
India and Russia vowed to develop a credit rating industry that is "independent from political conjecture" -- a move that follows apprehensions about global agencies being biased towards large economies like the US and China.
-
Former Hub Airports Find New Life After Downsizing
When an airline cuts back on the number of "hubs" in its system, for an affected city the economic pain can be deep and wide.
-
Full text of Obama's speech
President Barack Obama on Monday essentially dismissed the first-ever downgrade of the US credit rating, trying to reassure investors and the public that the nation's leaders need only show more "common sense and compromise" to tame a staggering accumulation of debt.
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US credit rating downgraded: Situation grave, will have to analyse, says Pranab
Union Finance Minister Pranab Mukherjee today described the downgrading of the US government by a credit rating agency as a "grave situation" and said it has to be analysed."We will have to analyse it. It will require some time.Situation is grave and there is no gain in making off-the-cuff remarks," he told reporters on the sidelines of a function ...
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Why S&P cut US credit rating was cut from 'AAA' to 'AA+'
Credit rating agency Standard & Poor's (S&P) on Friday downgraded the United States' credit rating for the first time in the history of the ratings.The credit rating agency said that it is cutting the country's top AAA rating by one notch to AA-plus. The credit agency said that it is making the move because the deficit reduction plan passed...
-
India's Sovereign Rating Upgraded To 'A-' From 'BBB+' By Japanese Agency
In an official statement on Wednesday, JCRA said the Indian economy has maintained a high growth rate of around 7 per cent, supported by strong private consumption and public investment.
-
'We May Raise Further If...': Global Ratings Agency's Big Note To India
Global ratings agency S&P has upgraded India's credit rating for the first time in nearly two decades, bumping the country from BBB to BBB- with a stable outlook, and invaliding Donald Trump's eyebrow-raising 'India is a dead economy'.
-
NDTV Explains: India And The US' Awkward 'AAA' Ratings Cut, Debt Story
Moody's has joined Fitch and S&P in cutting the US' credit rating, dropping the world's largest economy from a perfect 'AAA' to one notch below. Why? Because of a ballooning federal deficit and debt-to-GDP ratio that threatens an almost unthinkable d
-
India's Long-Term Credit Rating Upgraded To 'BBB'. What It Means
India's long-term credit rating has been improved from 'BBB (low)' to 'BBB' by Morningstar DBRS, a global sovereign credit rating agency. The country's credit outlook has been revised to 'Stable' from 'Positive'.
-
India To See Higher Consumer Spending With Ease In Inflation: Rating Agency Fitch
Putting an end to the debate on India's growth based on the government's capex push, global rating agency Fitch Ratings said that consumer spending will increase with elevated consumer confidence, a sign of enhanced income for people.
-
US Debt: What Does The Loss Of Triple A Rating Mean
Fitch has downgraded its credit rating for the United States, becoming the second of the top-three ratings agencies to strip the country of a top AAA rating. The impact upon the world's top economy is likely to be just symbolic, at least immediately.
-
Fitch Downgrades US Credit Rating, White House Says "Defies Reality"
Fitch downgraded the United States' top-notch credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs.
-
China Punishes Major Ratings Agency For Violations In Rare Step
One of China's biggest debt rating agencies has been punished by the country's securities regulator and a supervisory group under the central bank, in a rare rebuke that underscores Beijing's concern about credit risks at a time of slowing economic growth.
-
Moody's Withdraws RCom's Corporate Family Rating On 'Default'
Moody's said it has withdrawn the RCom ratings as it considers a missed scheduled payment either of interest or principal as a "default".
-
PM Modi Calls For Early Establishment Of BRICS Credit Rating Agency
Prime Minister Narendra Modi today strongly pitched for setting up of a BRICS credit rating agency to counter western rating institutions and cater to the financial needs of sovereign and corporate entities of developing nations.
-
India, Russia To Develop 'Independent' Credit Rating Industry
India and Russia vowed to develop a credit rating industry that is "independent from political conjecture" -- a move that follows apprehensions about global agencies being biased towards large economies like the US and China.
-
Former Hub Airports Find New Life After Downsizing
When an airline cuts back on the number of "hubs" in its system, for an affected city the economic pain can be deep and wide.
-
Full text of Obama's speech
President Barack Obama on Monday essentially dismissed the first-ever downgrade of the US credit rating, trying to reassure investors and the public that the nation's leaders need only show more "common sense and compromise" to tame a staggering accumulation of debt.
-
US credit rating downgraded: Situation grave, will have to analyse, says Pranab
Union Finance Minister Pranab Mukherjee today described the downgrading of the US government by a credit rating agency as a "grave situation" and said it has to be analysed."We will have to analyse it. It will require some time.Situation is grave and there is no gain in making off-the-cuff remarks," he told reporters on the sidelines of a function ...
-
Why S&P cut US credit rating was cut from 'AAA' to 'AA+'
Credit rating agency Standard & Poor's (S&P) on Friday downgraded the United States' credit rating for the first time in the history of the ratings.The credit rating agency said that it is cutting the country's top AAA rating by one notch to AA-plus. The credit agency said that it is making the move because the deficit reduction plan passed...
