A credit agency evaluates the credit worthiness of an issuer of specific types of debt.
President Barack Obama on Monday strongly defended US credit after a historic debt downgrade by rating agency S&P and said America will always be AAA nation as its economic problems were 'eminently solvable', given the political will.
Facing criticism inside the United States for downgrading America's credit rating from AAA to AA+, the Standard and Poor's Indian-American president Deven Sharma has said that the agency's decision was made mainly because of the rising debt levels and the process of resolving things.
Out of 200-odd countries, just 16 nations have the coveted triple-A rating.
The Reserve Bank of India (RBI) is likely to soon notify that the information about an individual captured in 'Aaadhar', issued by the Unique Identification Authority of India (UIDAI), would be sufficient to fulfill the KYC (know your customer) norms for all financial products.
On his 90th birthday, Sukanya Verma highlights a fraction of the legend's marvelous versatility in this curated list of his 25 unique moods.
The committee has flagged decisions including the allotment of land to the Aam Aadmi Party for its party office, appointment of Minister Satyendra Jain's daughter as "mission director" of Delhi State Health Mission and a number of purported AAP functionaries as "advisors".
Rajneesh Gupta presents all the important numbers after the third week of IPL 2020.
All the newspapers and business news channels on Monday morning told us that the world is now going to change again. But these very guys had no clue till a few days back, and were gung ho about the Indian economy, the Sensex and pretty much everything else.
If the fiscal position of the United States deteriorates further or if the political gridlock becomes more entrenched, then that could lead to a downgrade.
Investors say stocks to drift further, but impact of rating downgrade may be short-term.
TV actress Ratan Rajput gives readers the details.
'The situation has improved because oxygen tankers are now coming.' 'Before this it was chaotic.'
CRPF Inspector General Pankaj Kumar Sinh said a joint team of CRPF jawans and state police deployed in Jagargunda area of Dantewada had gone for area domination exercise when about 200 Naxals started firing at them near Aasrampura village.
Other noodle, pasta brands in scanner after Maggi.
Has the advent of technology made it easier, or more difficult, for brands to communicate with you and your valentine?
'The BJP has done the Uri surgical strikes, handled the Dokalam crisis and the Balakot strikes.' 'So if there is a de-escalation only at the diplomatic level and not resolving this issue of a colonel being killed, then it translates into public anger.'
Kallara Sante is not very entertaining but it is a watchable film for politically-conscious film fans.
'God will give you your due.' 'I don't want my due from people.'
The United States army has unveiled a pocket-sized spy drone disguised as a hummingbird -- it measures just 16 centimetres and weighs less than an AA battery. The mini spy plane can fly up to 11 miles an hour and took five years to develop at a cost of $ 4 million.
It also said that PAN card without Aadhaar number would not be treated invalid till the Constitution bench decides the larger issue of Right to Privacy.
Producer Shilpa Ganesh has teamed up with hubby Ganesh for her second Kannada home production Kool.
Agni Sreedhar debuts as a director with this Kannada film.
First Goa, now Gujarat!
Sukanya Verma wishes the actor on his 40th birthday by listing her five favourite Saif Ali Khan scenes.
The cricketer got engaged to British model-turned-actress Hazel Keech in Bali recently, and we hear the couple is planning to tie the knot in February 2016.
The cricketer got engaged to British model-turned-actress Hazel Keech in Bali recently, and we hear the couple is planning to tie the knot in February 2016.
Celebrating Aamir Khan and his 55 popular songs on his 55th birthday
The department feels that the non-quoting of PANs by deductees is creating problems in the processing of returns of income and in granting credit for tax deducted at source, leading to delays in issue of refunds.
The trio of Madan-Jagapathi Babu and Priyamani are back with their latest Telugu film titled Pravarakyudu.
The deadline for linking PAN with Aadhaar for taxpayers was to end on Thursday.
It held that though the LG was not a 'titular head', he should not emerge as an 'adversary having a hostile attitude' towards the Council of Ministers but rather act as a facilitator.
'I didn't even know where Bombay was before I came here.'
The Kannada movie shows how humanity cuts across religious barriers.
'Other designers take empty suitcases and go shopping for the actors's clothes in New York.' 'To me, this is bankruptcy of imagination.'
'I am just making a creative film. It has nothing to do with propaganda.'
A look at K M Chaithanya and Chethan's second Kannada film together.
'Whenever you see him on television or anywhere else, he gives off grandfatherly vibes.'
India's curve, yet to flatten vis-a-vis countries with similar or more conservative plans to ease restrictions, still points to 'exponential growth', despite India having tested much fewer people.
"I don't think the only solution for us is a bank, though it could be a bank. On the other hand, if the financial system continues to grow at 20-25 per cent, there's no reason why in our current construct, we can't comfortably keep growing at that same pace," says Rajiv Lall, CEO and Managing Director, IDFC.
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