This is the lowest investment grade rating.
China's GDP grew by 4.9 per cent in the third quarter, down from 7.9 per cent in the second, confirming the slowdown of the world's second-largest economy which was under pressure from the crisis-hit property sector, curbs on energy and tardy recovery from the Covid-19 pandemic.
IDBI Bank had to sell its MF arm after being acquired by state-owned insurance behemoth Life Insurance Corporation since LIC already had an AMC.
S&P Global Ratings on Wednesday said the second wave of COVID infections poses downside risks to India's GDP and heightens the possibility of business disruptions. The second wave brings in uncertainty and a drawn-out COVID outbreak will impede India's recovery, it said.
Credit rating agencies have been raising red flag over high debt to GDP ratio of India.
From pizza and burgers, to French fries and pasta, the actor is quite a foodie.
'Overall as a team, they cannot be seen as walkover. They're very competitive as a one-day and T20 side. They keep proving it over and over again'
Moody's rates a total of 15 public sector and private sector banks, which together accounted for about 66 per cent of the banking system's estimated total assets on March 2012.
The value of oil imports decreased by 37.5%.
It was exactly 22 years ago when batting great Sachin Tendulkar scored one of his finest centuries to guide India to victory against Australia in an ODI triangular series match at the Green Park stadium in Kanpur. Tendulkar smashed a brilliant 89-ball 100 to register his 13th ODI hundred as India cruised to 223/4 in 44.3 overs for an emphatic victory by six wickets with 33 balls to spare.
The pay hike has been made effective from January 1, 2016.
Speaking at industry association CII's annual session, PM Modi said the government has taken tough steps to fight the coronavirus pandemic and has also taken care of the economy. "On the one hand we have to safe the lives of our people and on the other hand we have to stabilise the economy and speed up the economy," he said. "Yes, we will definitely get our growth back," he asserted.
In a new series, Bollywood's towering talents, who themselves made brilliant works this year, pick their favourite show of 2021, and tell us just why they loved it.
Sri Lanka coach Tom Moody said his bowlers could not do much with the way Dhoni sent the ball around the park.
Ravi Shastri was reappointed as the India head coach, the BCCI's Cricket Advisory Committee announced on Friday.
Sunrisers Hyderabad coach Tom Moody has praised Moises Henriques.
Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.
For banks, the package will limit the burden of provisioning for stressed loans. Besides, the proposed restructuring package for MSMEs with a credit of up to Rs 25 crore is expected to provide a breather to units from this sector.
Unfazed by their loss to Kolkata Knight Riders, Sunrisers Hyderabad coach Tom Moody blamed the conditions for the 35-run defeat in their Indian Premier League cricket match in Kolkata on Monday.
Vedanta, Tata Steel, Tata Motors, ONGC, M&M, Maruti, NTPC and HUL too fell up to 4.06 per cent.
Many believe Kishore Kumar serenaded the ladies better than any other iconic playback singer.
Indian Matchmaking is an docuseries on Netflix, which follows 7 singles in US and India as they go on dates arranged by Mumbai matchmaker Sima Taparia.
Steel firms brace for good times on the back of better demand.
On Aug 11, the Chinese central bank surprised markets by devaluing the yuan by nearly 2 per cent.
'This solid verdict would further strengthen his resolve to drive forward the economic agenda to ensure that the fruits of the economic momentum continue to reach the poor, so visible during the last five years.'
Without disclosing reasons, ICRA informed the stock exchanges on Thursday, 'The board, after due consideration and taking into account the best interests of the company and its various stakeholders, has decided to terminate the employment of Takkar with immediate effect.'
After establishing a presence in Indonesia and Sri Lanka, Icra, the rating agency and associate of Moody's in India, plans to expand further in Asia to get a slice of business from the growing bond markets.
Mumbai Indians' star bowler Mitchell McClenaghan said his side is fully prepared for the IPL play-off match.
Former Australia all-rounder Tom Moody said the India opener first needs to be sure of his off-stump in order to convert his starts into big scores in Test cricket.
The six, including current head coach Ravi Shastri, will give a presentation to the Cricket Advisory Committee (CAC) headed by the legendary Kapil Dev.
Moody's upgrade should start a long-overdue correction. Credibility of the big credit rating agencies is under threat.
Proven names such as Tom Moody, Dav Whatmore and Venkatesh Prasad are some of the options the Indian Cricket Board has at the moment
Even though he's on an all time high at present, Salman has, time and again, asserted that it's the audience that makes or breaks a star.
'Who said they didn't meet on her birthday? Right now Ranbir has his father's health issues to deal with.'
New Zealand claimed the one World Cup prize that no team sets out to win - third place.
Anaysts recommend a 'buy' on Icra due to its positive outlook.
Anaysts recommend a 'buy' on Icra due to its positive outlook.
Veteran batsman Yuvraj Singh has recovered from an ankle injury and is likely to play his first IPL match of the season when Sunrisers Hyderabad take on Gujarat Lions in Hyderabad, on Friday.
Several critics including some rating agencies have doubted prospects of meeting this ambitious fiscal deficit target.
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