Out of 200-odd countries, just 16 nations have the coveted triple-A rating.
The naming of India's new coach deferred with the Board of Control for Cricket in India's Cricket Advisory Committee announcing on Monday that the decision will take place on a future date after discussions with captain Virat Kohli.
The bank had earlier announced that it would double its medium term note borrowings to shore up the tier-II capital to $10 billion this fiscal.
Former captain Sunil Gavaskar feels his ex-teammate Ravi Shastri is the favourite to become the head coach of the Indian cricket team based on the team's impressive showing during his two-year tenure as the team director.
The market breadth was negative. Out of 2,855 stocks traded on the BSE, there were 1086 advancing stocks as against 1,642 declines.
With the stock coming under pressure, the MF holding value could have dropped to Rs 50 billion, back-of-the-envelope calculations show.
The Union government will gain close to Rs 1.6 lakh crore in additional revenues this fiscal from a record hike in excise duty on petrol and diesel that has pushed the total incidence of taxation on auto fuels to 70 per cent of the price. Late on Tuesday evening, the government hiked excise duty on petrol by Rs 10 per litre and that on diesel by Rs 13 a litre to mop up gains arising from international oil prices falling to a two-decade low.
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