Tag: Credit Rating

Big impact on India's steel exports? EU begins review of safeguards measures
Posted in Economy

Big impact on India’s steel exports? EU begins review of safeguards measures

New Delhi: The European Union (EU) has initiated a review of safeguard measures that currently apply to certain steel imports into the region, a move…

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Urgent need to address USD 4 tn financing gap to accelerate progress on SDGs: FM Nirmala Sitharaman
Posted in Economy

Urgent need to address USD 4 tn financing gap to accelerate progress on SDGs: FM Nirmala Sitharaman

New Delhi: Finance Minister Nirmala Sitharaman on Saturday said that inadequate access to developmental finance is hindering developing economies from achieving Sustainable Development Goals (SDGs)…

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Fitch upgraded Pakistan to CCC+ from CCC, suggesting while the nation remains below investment grade, there is a lower chance of a default now. (Pixabay)
Posted in Business

Fitch Upgrades Pakistan Credit Rating on Better External Funding

Jul 29, 2024 07:08 PM IST Fitch Ratings raised Pakistan’s credit rating, citing reduced risks from external funding after it secured a new bailout from…

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India's rating upgrade hinges on sustainable fiscal consolidation, low inflation - S&P analyst
Posted in Economy

India’s rating upgrade hinges on sustainable fiscal consolidation, low inflation – S&P analyst

S&P Global Ratings could consider an upgrade in India’s sovereign rating if the country’s fiscal metrics improve on a sustained basis and inflation is persistently…

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India economy news: India is a bright spot. Why can't foreign rating agencies see that?
Posted in Economy

India economy news: India is a bright spot. Why can’t foreign rating agencies see that?

If you hear the buzz, the Indian economy is the bright spot in a gloomy world. But if you look at its ratings, it’s just…

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ECL provisioning implementation not in a hurry: RBI
Posted in Economy

ECL provisioning implementation not in a hurry: RBI

Reserve Bank of India (RBI) will give banks enough time to comply with its expected credit loss (ECL) based approach for provisioning and is not…

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credit rating mechanism: Finance Ministry, ADB organise workshop on Expected Loss-based Credit Rating Mechanism
Posted in Economy

credit rating mechanism: Finance Ministry, ADB organise workshop on Expected Loss-based Credit Rating Mechanism

The Ministry of Finance and Asian Development Bank (ADB) on Monday organised a workshop on Expected Loss-based Credit Rating Mechanism. The workshop was addressed by…

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Posted in Economy

moody s: Moody’s sees mfg & infra driving India growth; flags reforms, policy barriers

Burgeoning infrastructure and manufacturing sectors could push India to be the fastest growing economy over the next few years, said Moody’s Investor Service in its…

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Nitin Gadkari: Changes in the works for surety bonds to make them lucrative: Nitin Gadkari
Posted in Economy

Nitin Gadkari: Changes in the works for surety bonds to make them lucrative: Nitin Gadkari

Changes will be made to the surety bond offering in road making contracts to make it more lucrative said Road Transport and Highways Minister Nitin…

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S&P retains India credit rating; expects sound fundamentals to underpin growth
Posted in Economy

S&P retains India credit rating; expects sound fundamentals to underpin growth

The Indian economy is performing well amid challenging global conditions and sound fundamentals will underpin its growth over the next two to three years, S&P…

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