S&P Global Ratings on Friday revised its rating outlook on ICICI Bank Ltd to stable from negative.It affirmed BBB-minus long-term and...Read More
By RN Bhaskar
“For God's sake, let us sit upon the groundAnd tell sad stories of the death of kings ...”- Richard II, William ShakespeareCould the CEZ ...Read More
S&P Global Ratings said on Monday that continued strength in steel prices will support Tata Steel's commitment to deleverage.The comp...Read More
The US-based rating agency, however, said that the second wave of COVID may derail a strong recovery in the Indian economy, but its econo...Read More
S&P Global Ratings on Wednesday slashed India's GDP growth forecast for the current financial year to 9.8 percent saying the second C...Read More
S&P Global Ratings on Thursday downgraded Future Retail to selective default (SD) on restructuring of onshore debt but kept the issu...Read More
The negative credit spillovers to rated portfolio remains limited but the situation is fluid, it said.
S&P Global Ratings on Thursday said the Indian economy is projected to grow at 11 per cent in the current fiscal, but flagged the "s...Read More
S&P estimates the weak loans in banks at 11-12 per cent of gross loans. "We forecast credit losses will decline to 2.2 per cent of total ...Read More
In the equity-linked saving schemes (ELSS) and mid/small-cap funds, the performance was marginally better with the underperformance of 65...Read More
Global Ratings said on Thursday that Adani Ports and Special Economic Zone Ltd's (BBB-minus with stable outlook) rating headroom will red...Read More
S&P Global Ratings on Monday said India's banking system's low profitability and weak asset quality present some difficulties in sig...Read More
S&P, in its report on Asia Pacific, projected the Indian economy to grow at 10 per cent in the next fiscal.
It also said that the Reserve Bank of India (RBI) will face challenges in supervising non-financial sector entities at a time when the he...Read More
State Bank of India (SBI) has the financial strength to withstand tough operating conditions in the next 12 months due to its strong depo...Read More
By FPJ Web Desk
On Friday, after US President Donald Trump tweeted that Melania Trump and he were tested positive for COVID-19, the US stock futures fell...Read More
India's weak fiscal settings will worsen further this year, constraining the government's ability to aid the economy, it said.
India, Mexico, and South Africa are among the banking systems that will be slower to recover to 2019 levels--likely beyond 2023, accordin...Read More
"One factor holding back private economic activity is the continued escalation of the Covid-19," said Vishrut Rana, Asia Pacific Economis...Read More
S&P Global Ratings on Tuesday said Tata Consultancy Services (TCS) is likely to face slower growth in revenue and profitability over ...Read More