Credit rating agencies have been raising red flag over high debt to GDP ratio of India.
The budget has strong growth impulses and response of the economy is positive.
Rating agency Fitch on Tuesday upgraded India's long-term foreign and local currency issuer default ratings
SpiceJet's resurgence, once the new funding is in place, has the potential to disrupt the Indian aviation market in 2024 as the airline will bring its grounded aircraft back to service and lease as many planes as possible to be competitively relevant, aviation consultancy firm Capa India said on Thursday. "Although the market for procuring aircraft in 2024 is exceptionally tight, we expect that SpiceJet will bring stored aircraft back into operations, and will wet or dry lease as much capacity as possible, in order to be competitively relevant. "This will have a material impact on the industry structure, and possibly on domestic profitability," Capa India said in its report.
Interpersonal skills like communication, co-operation and teamwork are valued for fostering a positive and productive work environment.
As China's Foreign Minister Sun Weidong visited Pakistan on a mediation mission, a statement from Foreign Ministry on Monday said it is maintaining close contacts with Pakistan and Iran to 'bridge their differences'.
IBM, HP and HCL, have evinced interest in Sebi's proposal to upgrade toolsused for detecting frauds.
The 'P-3' ratings suggest acceptable ability to repay short-term obligations.
'Yes, there have not been any express fast bowlers that are coming from the MRF Pace Foundation that we used to have back in the years.' 'But that's not going to happen anymore. Now, in the next few years, you are gonna see a lot of really good fast bowlers coming out from the MRF Pace Foundation again.'
India has pitched for a sovereign credit rating upgrade with Fitch Ratings, after announcing its budget last month.
After nearly four years of underwhelming performances in equity schemes, Aditya Birla Sun Life Mutual Fund (ABSL MF) is experiencing a revival. During the first quarter of the 2023-24 financial year (Q1FY24), the fund house arrested its declining market share, bolstered by stronger equity fund results and subsequent ratings upgrades. Mahesh Patil, the chief investment officer, attributes this resurgence to changes in the fund management team and adjustments to investment strategies.
'...which is possible through flexicap and multicap funds.' 'The latter has a better balance between large, mid and smallcap stocks.'
Growth in India's gross domestic product for the June quarter of 2013-14, as well as for the entire 2014-15, was 4.7%.
Smaller players manufacturing electric two-wheelers (E2Ws) are unlikely to raise prices of their models initially in 2024 in order to ensure volumes do not drop. The prices of E2Ws range from Rs 90,000 to Rs 1 lakh, the players being Lohia Auto, Godawari Electric, Emobi, etc. As India's E2W sector gears up to go past one million in 2024, manufacturers are likely to maintain price stability, underpinned by strategic independence from subsidies under Faster Adoption and Manufacturing of Electric (and Hybrid) Vehicles II (FAME II), localisation efforts, sustainability initiatives, and a focus on affordability.
With the Rafale contract in limbo, the upgrade of IAF's Mirage 2000 and Jaguar fighters has become vitally important.
The ratings agency currently rates India at Baa3
2019 was the Bharatiya Janata Party's breakout year, when it stretched the boundaries of what was thought possible and ended up with 303 seats on its own steam. Now it is forced to play defence, on a pitch queered by too many variables, asserts Prem Panicker.
Identifying major thrust areas for growth of telecom sector, Planning Commission has stressed on the need to upgrade and modernise telecommunication technology being used by the country's defence, police and para military forces.
India's macro finances are getting into good shape.
Among the Sensex firms, Tech Mahindra, HCL Technologies, Wipro, Infosys, Bajaj Finance, Tata Consultancy Services, Bajaj Finserv and ICICI Bank were the major gainers. Power Grid, Nestle, Asian Paints and Hindustan Unilever were among the laggards.
The five warmest years in Indian weather history have occurred in the past 14 years -- the others being 2009, 2017 and 2010, in order of intensity.
Monetary tightening by the Reserve Bank of India to control the sharp rise in prices has checked the march of Indian consumers up the consumer electronics value chain.
The current fleet of BMP-2/2Ks was first inducted into the Army in 1985 and it has been the mainstay of the mechanised infantry since then.
Even as the near-term outlook for the quick service restaurant (QSR) industry remains muted, brokerages are positive about the prospects of Sapphire Foods India. Their preference for the QSR chain comes on the back of the steady performance of Kentucky Fried Chicken (KFC), superior execution and reasonable valuations. The Sapphire Foods stock is up 11 per cent since the start of November.
Indicating good corporate profile and continuing phases of recovery, credit rating agency ICRA on Tuesday said there were substantial decline in downgrades and robust increase in upgrades, notably in the automobile sector during 2003.
'Parents, students and coaching institutes will find alternatives to cater to the demand.'
Despite strong private sector interest and a Rs 750-crore (Rs 7.5 billion) Budget allocation, not a single agreement has been signed between the government and the private sector to upgrade 300 Industrial Training Institutes (ITIs) to centres of excellence within the target of this fiscal, which has three and a half months to run.
In another entertaining contest SG Alpine Warriors defeated Chingari Gulf Titans 11-6.
Operators, including Tata Teleservices, have submitted the compliance report for messenger services to the department of telecommunications.
India is increasingly a willing participant in the evolving US' Indo-Pacific strategy. While these developments are related to the perception of a growing Chinese security challenge, their implications for India's much-vaunted strategic autonomy should be a matter of deeper and closer reflection, asserts former foreign secretary Shyam Saran.
Moody's Investors Service has upgraded the long-term foreign currency bond ratings of ICICI Bank to Baa3 from Ba1.\n\n
East European countries have better rating than India though their economies are not as stable as the latter.
Palestine overwhelmingly won a historical United Nations General Assembly vote, which will upgrade its status to non-member observer state at the world body, despite intense opposition from the United States and Israel.
Only a handful of VR headset makers deliver consistently.
Edtech firm Byju's founding partner and India operations CEO Mrinal Mohit has resigned "for personal reasons", the company said on Wednesday. Byju's international business CEO Arjun Mohan will take the additional charge of heading the country's operations, it said. "Arjun Mohan (is) taking charge as the CEO of India operations.
Due to unseasonal rains, the second quarter of financial year 2023-24 (Q2FY24) was disappointing for the room-air conditioner (RAC) segment and Q3FY23 was also slow. While general consumption demand was low in Q3FY24, the low base and the pent-up demand from the first half of financial year 2023-24 (H1FY24) seem to have driven an off-season demand for RACs.
The Union government on Tuesday gave formal clearance to upgrade 2,803 km of roads in Gujarat at a cost of Rs 992 crore under the Pradhan Mantri Gram Sadak Yojana.
Reliance Globalcom, a leading global provider of international wholesale telecom services with a presence in high growth emerging and developed markets, on Tuesday announced that it is upgrading its European Network with coherent 100G technology.
Ashish Narsale/Rediff.com has the details.
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