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......

2 years after getting $8 bn, Reliance raises $2.9 bn offshore loan

Reliance Industries, owned by billionaire Mukesh Ambani, has secured a dual-currency loan worth the equivalent of $2.9 billion, according to a report by Bloomberg. This marks the largest offshore......

Fitch sees moderate impact on GDP from notes ban

Demonetisation will have a"negative" impact on growth in the short run but for the full fiscal, the GDP decline would be "relatively moderate", Fitch Ratings said on Friday. The ratings agency,......

Budget 2021: Experts waiting for a debt management road map

There are various estimates of India’s debt to GDP ratio, but the consensus is that that it would be over 80 per cent at the end of the current fiscal year. Illustration: Uttam......