After upgrading India's foreign currency debt rating, Moody's Investor Service on Wednesday upgraded the foreign currency deposit, debt and issuer ratings for 11 Indian banks and financial institutions.
'I want us not to underestimate Indian voters. They can tell good work from bad.'
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Companies such as Indian Oil Corporation, Tata Steel Ltd and Tata Power Company Ltd will remain highly leveraged over the next 12 months because of weak industry dynamics and resulting constraints on cash flows, it said.
Sunrisers Hyderabad's head coach Tom Moody attributes role clarity for the team's success.
'Das is friendly, but he finally does what he does. The quality of engagement is very good.'
M&M was the biggest loser in the Sensex pack, declining nearly 3 per cent, followed by TCS, Bajaj Finance, Wipro, Kotak Bank, Tech Mahindra, HCL Tech and Tata Motors. In contrast, Titan, Bharti Airtel, ICICI Bank and L&T were among the gainers, rising up to 0.93 per cent.
Washington Sundar re-injured the same area while fielding against CSK on Sunday.
"Banks are now free to set their own interest rates ... a direct consequence of this policy is that banks can, and will, offer higher interest rates to compete for savings deposits, thereby, undermining the role these deposits play as a relatively stable and low-cost funding source. We expect the move to exacerbate already increasing pressure on net interest margins and asset quality," Moody's said in its 'Weekly Credit Outlook'.
The actress is her own favourite person, and we see every reason why!
Sunrisers Hyderabad coach Tom Moody has defended playing captain Kane Williamson as an opener despite the batter's ongoing run drought in IPL 2022.
Stating that the forthcoming elections will delay the reform process and hurt growth, international rating agency Moody's on Monday said it expects growth to pick up to only 5.5 per cent in FY15.
India will find it tough to meet its fiscal deficit target for the new year starting in April, given its plans to cut taxes and step up spending on infrastructure, Moody's Investors Service said.
Former India coach Ravi Shastri advised Virat Kohli that he must not drop the tempo of his innings after getting a start.
'The matches between India and Pakistan are the biggest in the world.'
Tom Moody returns as head coach after fellow-Australian Trevor Bayliss quit following the 2021 season.
Reliance Industries, the Tata group, Bharti Airtel and Aditya Birla are among Indian conglomerates that have hedged their revenue and costs linked to the US dollar, giving them financial cover as the rupee fell past 80 against the greenback on Tuesday.
From reds to browns, pinks to moody purple, she has a lipstick for every outfit.
SunRisers Hyderabad speedster Umran Malik is the talk of the town for his lightning fast deliveries, and head coach Tom Moody says the young Jammu and Kashmir player has been given the license "to run in and express himself" with the ball.
The windfall taxes on domestic crude oil production and fuel exports will generate close to $12 billion (Rs 94,800 crore) for the government in the remainder of the current fiscal while trimming profits of firms such as Reliance Industries Ltd and ONGC, Moody's Investors Service said Tuesday. On July 1, the government imposed windfall gain taxes on the export of petrol, diesel and aviation turbine fuel (ATF), and on the domestic production of crude oil. It has also mandated exporters to meet the requirements of the domestic market first.
Sukanya Verma shares her OTT recommendations.
On her 50th birthday on November 1, Sukanya Verma raises a toast to Bollywood's Golden Girl and 15 of her noteworthy performances.
While the economy seems to be on a firm growth path, the fight against inflation is not over yet. Shaktikanta Das seems to be in no hurry. After playing well through a five-year Test match, he doesn't want to get out hit wicket, observes Tamal Bandyopadhyay.
Hindustan Zinc (HZL), a subsidiary of Vedanta, announced an interim dividend of Rs 21 per share last week, resulting in an outflow of Rs 8,863 crore. The announcement has turned the spotlight on India Inc's dividend-paying policy - more so for reasons driving the generosity of firms. An analysis of BSE 500 companies by Business Standard Research Bureau shows that some of the top 20 dividend-paying companies in 2021-22 (FY22) include Vedanta, Tata Consultancy Services, HZL, Oil and Natural Gas Corporation (ONGC), Indian Oil Corporation (IndianOil), Hindustan Unilever (HUL), Reliance Industries (RIL), and Bajaj Auto, among others.
Deepa Gahlot lists some 2023 movies that you need to watch if you haven't already.
Rating agency Fitch on Tuesday downgraded the US government's top credit rating to AA+ from AAA, citing fiscal deterioration over the next three years and repeated debt ceiling negotiations. The development caused a flutter across equity markets, with most leading frontline global equity indices trading weak. Back home, the S&P BSE Sensex and the Nifty50 lost over 1 per cent each in intra-day deals to hit a low of 65,751.53 and 19,517.55 levels, respectively.
A deep dive into actress Ayushi Gupta's wardrobe.
"Harry Brook has had an extraordinary time in the early parts of his career batting four and five in T20 cricket in all the different franchises that he's played in.
'The assessment of most people is that there is a stable economic and political environment in India and that is attractive to investors.'
All-rounder Washington Sundar is likely to miss at least the next two IPL matches for Sunrisers Hyderabad after suffering split webbing in his bowling hand, head coach Tom Moody said.
Wholesale price-based inflation rate fell to a 3-year low of (-) 3.48 per cent in May on easing prices of food, fuel and manufactured items, strengthening the case for continuing with the pause in rate hike in the coming months of the current fiscal. This is the second straight month when WPI has been in the negative zone mainly on account of a higher base and falling prices of fuel and manufactured goods. Food prices also eased during May. In May, 2022 WPI inflation was at 16.63 per cent. Last month, it was (-) 0.92 per cent.
Under Warner, SRH lost five out of six games and he himself hasn't been in greatest of form which led to Kane Williamson being handed the reins.
It was August 2007. Tata Steel was turning 100. Jamshedpur, its hometown, had an air of celebration. The line-up for the special event included the launch of Air Deccan's commercial flight connecting Kolkata and Jamshedpur, and release of Russi Lala's new book, Romance of Tata Steel. There was also the screening of The Spirit of Steel, a 20-minute documentary directed by Zafar Hai showcasing Tata Steel's legacy, and a corporate anthem penned by Javed Akhtar and composed by Shankar, Ehsaan and Loy.
Former all-rounder Tom Moody on Saturday picked India's Rohit Sharma and fellow Australian David Warner as best opening batsmen in T20 cricket.
'Every day is a new day. Every match is new. Someday, you get a good start, someday, opposition bowlers come prepared and they bowl the balls at good areas.'
Adani group firm Adani Ports & SEZ paid Rs 1,500 crore loan and promised to repay more as the embattled conglomerate mapped a comeback strategy after a sellout triggered by a damning report by US-based Hindenburg Research. Adani Ports and SEZ paid SBI Mutual Funds' due amount of Rs 1,500 crore on Monday and will also pay another Rs 1,000 crore of commercial papers due in March (as per the payment scheme), a company spokesperson said. "This part prepayment is from the existing cash balance and funds generated from the business operations," the spokesperson said.
The embattled Adani Group on Monday attempted to calm the market as a rout in its shares continued, saying its growth plans are intact, business plans are fully funded and it remains confident of delivering returns to shareholders. Market value of the group's seven listed companies has halved since a January 24 report by US-based short-seller Hindenburg Research alleged that Adani pulled "the largest con in corporate history" using offshore tax havens and stock manipulation. The Group has denied all allegations, calling them "malicious", "baseless" and a "calculated attack on India".
Brian Lara conceded that he was not able to come to 'grips' with the rigours and emotions of IPL in his first year as Sunrisers Hyderabad head coach.
A messy masala about an antihero bolstered by tons of whimsy, controversy and high drama, Khalnayak's hype is stuff of history. Sukanya Verma celebrates 30 years of this blockbuster.
'He's charismatic, a populist, very popular, and indeed a cult of personality.' 'That ensures a powerful reaction from his support base -- even if it's not sustained, it will be quite intense, and that's worrisome for stability.'
