S&P

US stock futures: Dow Future tumbles after Trump tests positive for COVID-19

US stock futures: Dow Future tumbles after Trump tests positive for COVID-19

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 economy to experience record contraction in 2020-21: S&P

India's economy to experience record contraction in 2020-21: S&P

India's weak fiscal settings will worsen further this year, constraining the government's ability to aid the economy, it said.

India's banking sector recovery to pre-Covid levels may take years: S&P

India's banking sector recovery to pre-Covid levels may take years: S&P

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

India's economy likely to tank 9 pc due to Covid distress: S&P

India's economy likely to tank 9 pc due to Covid distress: S&P

"One factor holding back private economic activity is the continued escalation of the Covid-19," said Vishrut Rana, Asia Pacific Economis...Read More

TCS may face slower growth in revenue over 12-18 months: S&P

TCS may face slower growth in revenue over 12-18 months: S&P

S&P Global Ratings on Tuesday said Tata Consultancy Services (TCS) is likely to face slower growth in revenue and profitability over ...Read More

COVID-19 may set back Indian banks' recovery by years: S&P

COVID-19 may set back Indian banks' recovery by years: S&P

The US-based rating agency expects non-performing loans in Indian banks will hit a fresh high, raising credit costs, and putting pressur...Read More

S&P lowers Axis Bank rating on increased economic risks for banks

S&P lowers Axis Bank rating on increased economic risks for banks

S&P also put Indian Bank ratings on 'Credit Watch' because it expects a high risk that the public sector bank's credit profile could weak...Read More

Companies in India face further rating downside, in case of prolonged downturn: S&P Global

Companies in India face further rating downside, in case of prolonged downturn: S&P Global

Ratings agency S&P Global Ratings on Wednesday said companies in India face further potential rating downside if the recovery in corp...Read More

S&P retains India's rating at lowest investment grade for 13th year in a row

S&P retains India's rating at lowest investment grade for 13th year in a row

Affirming the outlook "stable", it said though risks to long-term growth are rising, India's ratings reflect the country's above-average ...Read More

Economy to shrink 5% this year, fiscal stimulus not enough to support growth: S&P

Economy to shrink 5% this year, fiscal stimulus not enough to support growth: S&P

In a report on emerging markets titled 'Financial Conditions Reflect Optimism, Lockdown Fatigue Emerges', S&P said the services sectors, ...Read More

Indian economy to contract 5 pc in FY21: S&P says assuming COVID-19 peak by third quarter

Indian economy to contract 5 pc in FY21: S&P says assuming COVID-19 peak by third quarter

Stating that COVID-19 has not yet been contained in India, the rating agency in a statement said the government stimulus package is low r...Read More

S&P affirms stable rating on HDFC Bank

S&P affirms stable rating on HDFC Bank

Says asset quality remains among the best in the industry

Stock Market News: Sensex climbs above 40k; PSU banks, IT stocks among top gainers

Stock Market News: Sensex climbs above 40k; PSU banks, IT stocks among top gainers

Bulls have taken charge of the market on Wednesday amid rising positive sentiments stemming from the news that the Finance Ministry and P...Read More

Higher disinvestment, dividend target may strain credit profiles of CPSEs: S&P

Higher disinvestment, dividend target may strain credit profiles of CPSEs: S&P

The Budget 2019-20 has set a disinvestment target of Rs 1.05 lakh crore, while Rs 57,487 crore is expected to come from central public se...Read More

Revising India’s rating depends on economic growth: S&P

Revising India’s rating depends on economic growth: S&P

Chennai: Global rating agency Standard & Poor’s (S&P) has said that it could raise India’s sovereign rating if the economy revert...Read More

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