News for 'Standard & Poor'

India's CARE joins four others to launch global rating agency

India's CARE joins four others to launch global rating agency

Rediff.com13 Nov 2013

The credit ratings business is dominated by Moody's, Standard & Poor's and Fitch

Why Omaha beckons Indian investors

Why Omaha beckons Indian investors

Rediff.com29 Apr 2016

Omaha is the Mecca of value investing.

Rupee at 11-month high as BJP sweeps election

Rupee at 11-month high as BJP sweeps election

Rediff.com16 May 2014

The rupee hit a near 10-month high as an alliance led by pro-reform and business friendly Hindu nationalist Narendra was on course for an absolute majority.

Sensex marks lowest close in 10 weeks; power trips, IT, auto up

Sensex marks lowest close in 10 weeks; power trips, IT, auto up

Rediff.com25 Mar 2015

The 30-share Sensex ended 50 points lower at 28,112 and the 50-share Nifty declined 12 points to close at 8,531.

Mahinda Rajapaksa resigns as Sri Lanka's PM

Mahinda Rajapaksa resigns as Sri Lanka's PM

Rediff.com15 Dec 2018

Rajapaksa informed the lawmakers of United People's Freedom Alliance that he has resigned from the post.

Berkshire Hathaway stock hits new milestone at $200,000

Berkshire Hathaway stock hits new milestone at $200,000

Rediff.com16 Aug 2014

Some analysts view as a microcosm of the US economy.

Reserve Bank pulls up bosses for IOB mess

Reserve Bank pulls up bosses for IOB mess

Rediff.com7 Oct 2015

The bank's branch expansion and recruitment have been curtailed.

Goldman Sachs says Modi good for markets; govt rebuffs report

Goldman Sachs says Modi good for markets; govt rebuffs report

Rediff.com9 Nov 2013

Despite criticism, the investment bank said that it stands by its research.

ICICI Bank hits Chinese bond market with benchmark issue

ICICI Bank hits Chinese bond market with benchmark issue

Rediff.com18 Jun 2013

India's largest private sector lender ICICI Bank has hit the Chinese debt market for a benchmark issue of about $500 million.

Why HSBC is upbeat on the Indian economy

Why HSBC is upbeat on the Indian economy

Rediff.com6 Oct 2014

Inflation has seen some moderation in the recent past, falling from double-digit figures in 2013 to 7.8 per cent year-on-year in August.

Budget 2021: Experts waiting for a debt management road map

Budget 2021: Experts waiting for a debt management road map

Rediff.com22 Jan 2021

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.

How Sarao 'spoofed, layered' his way to $1-mn flash crash gain

How Sarao 'spoofed, layered' his way to $1-mn flash crash gain

Rediff.com23 Apr 2015

Navinder Singh Sarao used a couple of fairly simple techniques.

'The economy is reviving, foreign investors are favouring India'

'The economy is reviving, foreign investors are favouring India'

Rediff.com7 Oct 2014

Minister of State for Commerce and Finance Nirmala Sitaraman, in Mumbai to address election rallies, took time out to talk about the economy, foreign investment and trade facilitation.

76% Indians not financially literate, says S&P survey

76% Indians not financially literate, says S&P survey

Rediff.com16 Dec 2015

Most respondents understand inflation, but very few understand risk diversification, says the ratings agency in its Global Financial Literacy Survey

Foreign bond-raising by India Inc vaults to $8.4 bn after Modi victory

Foreign bond-raising by India Inc vaults to $8.4 bn after Modi victory

Rediff.com7 Oct 2014

With more favourable view on Indian economy and business environment under the Narendra Modi government, the risk premium for Indian papers began to climb down.

Economic Survey calls rating agencies' bluff

Economic Survey calls rating agencies' bluff

Rediff.com31 Jan 2017

S&P in November ruled out an upgrade in the country's rating for some considerable period, citing India's low per capita GDP and relatively high fiscal deficit.

How real is Modi's India revival dream

How real is Modi's India revival dream

Rediff.com1 Oct 2014

To a lay observer, therefore, India today presents two conflicting realities.

RIL to raise over $1 bn through export credit

RIL to raise over $1 bn through export credit

Rediff.com20 Feb 2014

This is a part of the company's plan to raise $13 billion debt to fund expansion of its petrochemical production capacity and gasification project for its refining facilities to improve margins.

S&P's India outlook remains negative

S&P's India outlook remains negative

Rediff.com7 Nov 2013

S&P is the only of the three major credit agencies with a 'negative' outlook on India.

Subir Gokarn, a fierce proponent of RBI autonomy, is no more

Subir Gokarn, a fierce proponent of RBI autonomy, is no more

Rediff.com31 Jul 2019

Gokarn was the first Indian central banker who regularised warnings to the government, through the monetary policy statement, on the need to reduce fiscal deficit.

ADB slashes India growth forecast for 2017-18 to 6.7%

ADB slashes India growth forecast for 2017-18 to 6.7%

Rediff.com13 Dec 2017

Growth forecast has been lowered owing to tepid growth in the first half of 2017-18, the lingering effects of demonetisation, transitory challenges of GST, and some risks to agriculture stemming from a spotty monsoon.

Fiscal deficit, low income constrain India's rating: S&P

Fiscal deficit, low income constrain India's rating: S&P

Rediff.com23 Feb 2015

The government has promised to keep the deficit at 4.1%

Rupee crash: MNCs advised to raise stakes in Indian arms

Rupee crash: MNCs advised to raise stakes in Indian arms

Rediff.com11 Jun 2013

Some investment bankers expect the Indian currency to touch 60-65 by the end of the year

India to revise GDP measurement in 2015

India to revise GDP measurement in 2015

Rediff.com9 Sep 2014

India's informal economy and service sector accounts for over three-fifths of its $1.8 trillion economy.

Greek PM Tsipras faces key bailout vote test today

Greek PM Tsipras faces key bailout vote test today

Rediff.com22 Jul 2015

It's hoped the negotiations can be wrapped up by August 20.

Standard Chartered to axe 4,000 retail bank jobs globally

Standard Chartered to axe 4,000 retail bank jobs globally

Rediff.com8 Jan 2015

As part of a cost-cutting plan, the bank is now dismantling its stock broking, equity research, and equity listing desks worldwide.

How India can gradually reduce fiscal deficit

How India can gradually reduce fiscal deficit

Rediff.com23 Oct 2014

Being mandatory, these recommendations will have to be immediately built into the Budget for 2015-16.

Financing of CAD a key challenge: RBI

Financing of CAD a key challenge: RBI

Rediff.com28 Jun 2013

The central bank is of the view that rise in external debt a concern but rating outlook revision reassuring.

Rupee posts biggest fall in nearly 18 years

Rupee posts biggest fall in nearly 18 years

Rediff.com27 Aug 2013

The partially convertible rupee closed at 66.24/25 per dollar after hitting a record low of 66.30, and down 2.9 per cent from its close of 64.30/31 on Monday.

Ranil Wickremesinghe reinstated as Sri Lanka PM

Ranil Wickremesinghe reinstated as Sri Lanka PM

Rediff.com16 Dec 2018

India welcomed resolution of the political crisis in Sri Lanka and exuded confidence that relations between the two countries will continue to move on in an upward trajectory.

Weakness in global stocks takes shine off Indian markets

Weakness in global stocks takes shine off Indian markets

Rediff.com14 Jan 2016

The BSE Midcap and Smallcap indices underperformed the largecaps and ended over 1% lower.

Asian shares tumble, yen soars to seven-week high

Asian shares tumble, yen soars to seven-week high

Rediff.com27 Jan 2014

Expectations of continued stimulus withdrawal by the US Federal Reserve added to the market's gloom.

Sensex ends above 29,000 led by FMCG shares; HUL up 3%

Sensex ends above 29,000 led by FMCG shares; HUL up 3%

Rediff.com24 Feb 2015

The 30-share Sensex ended higher by 30 points.

S&P upgrades TCS, Infosys, Wipro credit rating

S&P upgrades TCS, Infosys, Wipro credit rating

Rediff.com13 Dec 2013

Rating agency Standard & Poor's on Friday revised upwards the long-term corporate credit ratings of software majors TCS, Infosys and Wipro to 'A' from 'BBB+.'

How India can return to higher growth rate

How India can return to higher growth rate

Rediff.com28 Jan 2020

'The slide in growth has arisen primarily because we have an NBFC crisis on top of a banking crisis,' points out T T Ram Mohan.

Moody's unimpressed by FinMin's optimism on economy

Moody's unimpressed by FinMin's optimism on economy

Rediff.com3 Oct 2013

On Tuesday, Economic Affairs Secretary Arvind Mayaram told reporters that economic growth this financial year would be over five per cent and the numbers in the second quarter would be better than the first quarter which yielded gross domestic product expansion of 4.4 per cent, a four-year low.

Sensex, Nifty end lower on global concerns; Midcaps outperform

Sensex, Nifty end lower on global concerns; Midcaps outperform

Rediff.com10 Sep 2015

All the sectoral indices, led by realty, metal, consumer durables and power were trading in the negative zone on Thursday.

S&P maintains negative outlook on India's rating

S&P maintains negative outlook on India's rating

Rediff.com20 Aug 2013

Amid rupee sliding below 64 to a dollar, global agency Standard & Poor's on Tuesday said it will maintain negative outlook for the country as currency depreciation is adversely impacting investor confidence.

Indians' appetite for Apple, Facebook shares to take a hit

Indians' appetite for Apple, Facebook shares to take a hit

Rediff.com20 Aug 2013

Indian investments in equity and debt account for the second-highest remittances outgo (about a quarter).

$3 bn foreign investment in Indian stocks since Aug

$3 bn foreign investment in Indian stocks since Aug

Rediff.com26 Nov 2017

'The good news is that money continues to flow into India-focussed offshore funds.'