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Rajan issue: Rating action depends on policies, not personalities, says Fitch

Rajan made a surprise announcement on Saturday that he was opting against a second term after his current three-year tenure ends on September 4. Allaying concerns of any impact on India's sovereign......

India pitches for ratings upgrade with Fitch

  India on Tuesday pitched for a ratings upgrade with global agency Fitch Ratings citing improvement in macroeconomic conditions and the government's commitment to fiscal consolidation. "We......

Home prices to remain resilient in 2016

Residential property prices would remain stable next year due to an improvement in demand, said a new report from Fitch Ratings. “Residential property prices should remain resilient in 2016,......

BJP's defeat unlikely to have economic impact: Fitch

Finance Minister Arun Jaitley said government would continue reforms by taking executive actions. Fitch Ratings on Monday said BJP's defeat in the Bihar assembly elections is unlikely to have any......

Volkswagen looks at cutting costs to meet emission scandal expense

Credit rating agency Moody's last week cut the outlook on Volkswagen's debt to negative, while rival Fitch said it expected the emissions-cheating scandal to affect the entire automotive sector.......

Rio state declares financial emergency, requests funding for Olympics

- While the majority of Olympic infrastructure costs have been spread across city, state and federal budgets, with some financing from private companies, the state is responsible for most......
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UK current account deficit fails to narrow as expected in Q1

LONDON: Britain's vast current account deficit failed to narrow as expected in the first three months of this year and remained close to an... ...

http://economictimes.indiatimes.com/news/international/business/uk-current-account-deficit-fails-to-narrow-as-expected-in-q1/articleshow/52988136.cms
News in numbers | Last-minute air travel cheaper by up to 52% this year than 2015, says Yatra

In other news, Indians spent the most on vehicles among consumer durables, according to NSSO data 5 What is it? The number of men who were arrested... ...

http://www.livemint.com/Politics/gTWEYuSB2iJNPYss1IvnII/News-in-numbers--Lastminute-air-travel-cheaper-by-up-to-52.html
BFF

Those who wanted to take Britain out of the European Union (EU) need to make a new best friend: Mark Carney. Some of them excoriated the Bank of... ...

http://smartinvestor.business-standard.com/market/Features-394074-Featuresdet-BFF.htm
10 million government workers, pensioners get pay hike

The government on Wednesday approved an increase of at least 14.29 percent in salaries and pensions for about 10 million government employees and... ...

http://www.sify.com/finance/10-million-government-workers-pensioners-get-pay-hike-news-economy-qg3maqchcigeg.html
India Ratings

The Indian cabinet-approved Seventh Central Pay Commission recommendations will boost the demand in the economy by over Rs 45,000 crore and... ...

http://www.sify.com/finance/7th-pay-panel-will-boost-demand-by-rs-45000-crore-india-ratings-news-economy-qg4kw5gajbeaa.html

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