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News for 'moody's'

'Alia is a dreaded criminal, so how will she dance?'

'Alia is a dreaded criminal, so how will she dance?'

Rediff.com16 Apr 2021

There will be one dance number in Gangubai, performed by Huma Qureshi.

Why BPCL divestment is on the slow track

Why BPCL divestment is on the slow track

Rediff.com12 Apr 2022

In December 2019, the India arm of Deloitte Touche Tohmatsu surprised many with its ultra-competitive bid to become the transaction advisor for the country's largest strategic divestment in Bharat Petroleum Corporation (BPCL). The multinational major quoted just Rs 1; the second-highest bidder, SBI Caps, reportedly quoted Rs 15-17 crore. For Deloitte, the motivation was to bag a prestigious deal adding a national energy company to its portfolio. No doubt, it expected BPCL to go to a marquee buyer in quick time.

Petrol, diesel prices hiked by 80 paise/ltr once again

Petrol, diesel prices hiked by 80 paise/ltr once again

Rediff.com26 Mar 2022

Petrol and diesel prices were hiked by 80 paise a litre each on Saturday, the fourth increase in five days as oil firms passed on to consumers the spike in cost of raw material. Petrol in Delhi will now cost Rs 98.61 per litre as against Rs 97.81 previously while diesel rates have gone up from Rs 89.07 per litre to Rs 89.87, according to a price notification of state fuel retailers. All the four increases since the ending of a four-and-half-month long hiatus in rate revision on March 22, have been of 80 paise a litre.

Impact of the coronavirus on Formula 1

Impact of the coronavirus on Formula 1

Rediff.com2 Apr 2020

Credit rating agency Moody's changed Formula One's outlook to negative from positive on Thursday to reflect the impact of the coronavirus crisis on a global sport that has yet to race in 2020.

Sensex logs 5th straight gains on economic recovery hopes

Sensex logs 5th straight gains on economic recovery hopes

Rediff.com2 Jun 2020

Bajaj Finance was the top gainer in the Sensex pack, soaring over 8 per cent, followed by Kotak Bank, IndusInd Bank, HDFC, PowerGrid, Axis Bank, ICICI Bank and L&T. On the other hand, Maruti, ITC, NTPC and Nestle India were among the laggards.

RIL raises $4 bn in India's largest-ever foreign currency bonds issue

RIL raises $4 bn in India's largest-ever foreign currency bonds issue

Rediff.com6 Jan 2022

Reliance Industries Ltd, the nation's most valuable company, on Thursday said it has raised $4 billion (around Rs 30,000 crore) in debt through the largest ever foreign currency bond issuance by an Indian entity. The oil-to-telecom conglomerate plans to use the proceeds of the three tranche issues to retire existing borrowings. The issue was "nearly 3 times oversubscribed with a peak order book aggregating around $11.5 billion," the company said in a statement. This is the largest ever foreign currency bond transaction in India, eclipsing ONGC Videsh Ltd's $2.2 billion US dollar bonds issue of 2014.

Poll star Sitharaman woos middle class, women with tax and savings sops

Poll star Sitharaman woos middle class, women with tax and savings sops

Rediff.com1 Feb 2023

Finance Minister Nirmala Sitharaman on Wednesday raised the personal income tax rebate limit, doled out sops on small savings and announced one of the biggest hikes in capital spending in the past decade as she did a tight rope walk in the Budget between staying fiscally prudent and meeting public expectations in the year before general elections.

'Pujara was scared to play shot, played to survive than score runs'

'Pujara was scared to play shot, played to survive than score runs'

Rediff.com9 Jan 2021

Pujara's slowest Test half-century, a painstaking 50 off 176 balls handed Australia control of the match in which they now have overall lead of 197 runs.

Wonder Women Review: Must Watch!

Wonder Women Review: Must Watch!

Rediff.com21 Nov 2022

What makes Wonder Women brilliant is the breeziness of the events and issues it tackles without delving on it too much or surrendering to it completely, observes Divya Nair. Wonder Women Review

IMF cuts India's GDP growth forecast to 9.5% for FY22

IMF cuts India's GDP growth forecast to 9.5% for FY22

Rediff.com27 Jul 2021

The International Monetary Fund (IMF) on Tuesday cut its economic growth forecast for India to 9.5 per cent for the fiscal year to March 31, 2022 as the onset of a severe second COVID-19 wave cut into recovery momentum. This forecast for 2021-22 is lower than the 12.5 per cent growth in GDP that IMF had projected in April before the second wave took a grip. For 2022-23, IMF expects economic growth of 8.5 per cent, larger than the 6.9 per cent it had projected in April.

How Adani Saga Affects Indian Banks

How Adani Saga Affects Indian Banks

Rediff.com27 Feb 2023

While the collapse of a large financial intermediary can wreak havoc on the system because of the interconnectivity, a large business conglomerate too can play spoilsport if the banks have too much exposure to the entity, explains Tamal Bandyopadhyay.

IPL 2022: Steyn moves from commentary box to SRH dugout

IPL 2022: Steyn moves from commentary box to SRH dugout

Rediff.com17 Mar 2022

'I've been here before, whether with the South African or IPL teams, so I'm excited. A new role for me, a coaching role which I'm really excited about. It's a whole new role looking at the players, which is fantastic. I'm looking forward to hitting the ground running.'

PIX: Warner back as consistent Sunrisers eye IPL title

PIX: Warner back as consistent Sunrisers eye IPL title

Rediff.com20 Mar 2019

Formed in 2013, Sunrisers Hyderabad have been one of the most consistent performers, having won the tournament in 2016 and finishing as runners up last year.

S&P cuts India's FY22 growth forecast to 9.5%

S&P cuts India's FY22 growth forecast to 9.5%

Rediff.com24 Jun 2021

S&P Global Ratings on Thursday cut India's growth forecast for the current fiscal to 9.5 per cent, from 11 per cent earlier, and warned of risk to the outlook from further waves of COVID pandemic. The agency lowered the growth outlook saying that a severe second COVID-19 outbreak in April and May led to lockdowns imposed by states and sharp contraction in economic activity. "We forecast growth of 9.5 per cent this fiscal year from our March forecast of 11 per cent," S&P said.

2nd COVID wave delayed and not derail economic recovery: Fitch

2nd COVID wave delayed and not derail economic recovery: Fitch

Rediff.com7 Oct 2021

Fitch Ratings has cut India's economic growth forecast to 8.7 per cent for the current fiscal but raised GDP growth projection for FY23 to 10 per cent, saying the second COVID-19 wave delayed rather than derail the economic recovery. In its APAC Sovereign Credit Overview, Fitch Ratings said India's 'BBB-/Negative' sovereign rating "balances a still-strong medium-term growth outlook and external resilience from solid foreign- reserve buffers, against high public debt, a weak financial sector and some lagging structural factors". The 'Negative' outlook, it said, reflects uncertainty over the debt trajectory following the sharp deterioration in India's public finances due to the pandemic shock.

CEA slams rating agencies; admits GDP growth will decline

CEA slams rating agencies; admits GDP growth will decline

Rediff.com12 Jun 2020

Chief Economic Advisor Krishnamurthy Subramanian said India's economy will witness a decline in the current fiscal, but the drop will be limited if there is an economic recovery in the October-March period.

The Batman Review

The Batman Review

Rediff.com4 Mar 2022

Twists and turns, shocking revelations, explosions, chase sequences and a lot of moodiness make The Batman a riveting movie going experience, notes Aseem Chhabra.

Petrol price hiked by 30 paise, diesel by 35 paise

Petrol price hiked by 30 paise, diesel by 35 paise

Rediff.com28 Mar 2022

Petrol price on Monday was hiked by 30 paise a litre and diesel by 35 paise, taking the total increase in rates in the last one week to Rs 4-4.10 per litre. Petrol in Delhi will now cost Rs 99.41 per litre as against Rs 99.11 previously while diesel rates have gone up from Rs 90.42 per litre to Rs 90.77, according to a price notification of state fuel retailers. Rates have been increased across the country and vary from state to state depending upon the incidence of local taxation.

'#RIPRoy: Aussie cricket losing another hero. Stunned!'

'#RIPRoy: Aussie cricket losing another hero. Stunned!'

Rediff.com15 May 2022

Andrew Symonds, who was 46 and was a member of Australia's World Cup-winning teams in 2003 and 2007, died in a car accident in Queensland.

Sonakshi Takes A Dip

Sonakshi Takes A Dip

Rediff.com21 Jan 2022

Ranveer praises Deepika.. Divya applauds Tahira... Rahman at a premiere...

Pant wins Test Batting Award

Pant wins Test Batting Award

Rediff.com10 Feb 2022

And, Shaheen Afridi won the T20I bowling award for his annihilation of India in the 10-wicket win for Pakistan at the T20 World Cup.

Petrol price hiked by 50 paise, diesel up 55 paise

Petrol price hiked by 50 paise, diesel up 55 paise

Rediff.com27 Mar 2022

Petrol price on Sunday was hiked by 50 paise a litre and diesel by 55 paise, taking the total increase in rates since resumption of daily price revision less than a week back to Rs 3.70-3.75 per litre. Petrol in Delhi will now cost Rs 99.11 per litre as against Rs 98.61 previously while diesel rates have gone up from Rs 89.87 per litre to Rs 90.42, according to a price notification of state fuel retailers. Rates have been increased across the country and vary from state to state depending upon the incidence of local taxation.

Masoom Review

Masoom Review

Rediff.com17 Jun 2022

Boman Irani makes his OTT debut with Masoom, and it was good to see the actor on screen after a long time, observes Deepa Gahlot.

Hyderabad's Williamson doubtful starter IPL opener

Hyderabad's Williamson doubtful starter IPL opener

Rediff.com23 Mar 2019

'We have got quite a few days before our next home game. If he's not available I don't see any issues. Bhuvi will lead our side since he's is our vice-captain'

IPL Preview: SRH face KKR in battle of survival

IPL Preview: SRH face KKR in battle of survival

Rediff.com13 May 2022

With 10 points, KKR, however, are on the brink of elimination.

10 Tips To Protect Your Skin From Humidity

10 Tips To Protect Your Skin From Humidity

Rediff.com30 Aug 2022

Don't let humidity be your skin's enemy, says Dr Abhishek Pilani.

India's fuel pricing mechanism is opaque and removed from reality

India's fuel pricing mechanism is opaque and removed from reality

Rediff.com5 Apr 2022

What could be more uncertain than Virat Kohli's agonising wait for a century for over two years? Perhaps it's what you will pay tomorrow morning to fill your vehicle's tank. Pump prices have joined cricket scores as the country's favourite discussion topic. Steep increases invite widespread protests, while moderate additions make the government anti-reformist. The ongoing fuel price conundrum is no different.

Fitch cuts growth forecast to 10%, says rapid vaccination to support revival

Fitch cuts growth forecast to 10%, says rapid vaccination to support revival

Rediff.com7 Jul 2021

Fitch Ratings on Wednesday cut India's growth forecast to 10 per cent for the current fiscal, from 12.8 per cent estimated earlier, due to slowing recovery post second wave of COVID-19, and said rapid vaccination could support a sustainable revival in business and consumer confidence. In a report, the global rating agency said the challenges for banking sector posed by the coronavirus pandemic have increased due to a virulent second wave in the first quarter of the financial year ending March 2022 (FY22). "Fitch Ratings revised down India's real GDP for FY22 by 280bp to 10 per cent, underlining our belief that renewed restrictions have slowed recovery efforts and left banks with a moderately worse outlook for business and revenue generation in FY22," it said. Fitch believes that rapid vaccination could support a sustainable revival in business and consumer confidence; however, without it, economic recovery would remain vulnerable to further waves and lockdowns.

SunRisers Hyderabad retain core group for IPL 2021

SunRisers Hyderabad retain core group for IPL 2021

Rediff.com20 Jan 2021

Only players like Fabien Allen and Billy Stanlake have been shown the door ahead of the upcoming season.

Chinese New Year: Meet The Year of the Rabbit Celebs

Chinese New Year: Meet The Year of the Rabbit Celebs

Rediff.com23 Jan 2023

The Year of the Rabbit, according to the Chinese calendar, began on Sunday, January 22.

PIX: Look Stunning in White!

PIX: Look Stunning in White!

Rediff.com22 Sep 2020

Love white? Tips on how you can wear it from those who know.

IPL Preview: SRH meet MI in must-win game

IPL Preview: SRH meet MI in must-win game

Rediff.com16 May 2022

It has been a rollercoaster ride for SRH who won five games in a row before losing the next five.

Sensex, Nifty end flat in range-bound trade

Sensex, Nifty end flat in range-bound trade

Rediff.com26 Aug 2021

Reliance Industries was the top gainer in the Sensex pack, rising over 1 per cent, followed by M&M, HCL Tech, Axis Bank, ICICI Bank and HUL. On the other hand, Bharti Airtel, Maruti, SBI, PowerGrid, NTPC and Tata Steel were among the laggards.

Why sustaining past momentum can be challenging for HDFC Bank

Why sustaining past momentum can be challenging for HDFC Bank

Rediff.com15 Dec 2020

With slippages increasing every quarter, any derailment on growth or change in customers' repayment behaviour after moratorium may impact the overall asset quality. Correction, though, presents attractive buying opportunities, given the bank's sustained leadership position.

Two years on, is Yes Bank finally out of the woods?

Two years on, is Yes Bank finally out of the woods?

Rediff.com5 Apr 2022

Transiting from "survival mode", which took most of the management time in FY21, the bank has been able to take a long-term view in terms of growth and preparing technology in the past 12 months.

How Donal stays FIT and FABULOUS

How Donal stays FIT and FABULOUS

Rediff.com26 Oct 2021

Evicted Bigg Boss 15 contestant and actor Donal Bisht gets candid about her love for fashion, food and more.

Team India's 'character' applauded after historic win at MCG

Team India's 'character' applauded after historic win at MCG

Rediff.com30 Dec 2020

'Rahane led the side brilliantly, bowlers were relentless but the biggest positive is the performance of two debutants. Both of them were confident and not overawed by the big occasion. Strength of Indian cricket is their strong bench strength'

Little fiscal headroom for govt to respond to future shocks: Fitch

Little fiscal headroom for govt to respond to future shocks: Fitch

Rediff.com8 Feb 2022

Fitch Ratings on Monday cautioned that the Indian government has little fiscal headroom at its disposal to respond to possible shocks to growth given the country's lowest investment grade credit rating with a negative outlook. "India's public debt/GDP ratio, at about 87 per cent in FY21, is well above the median of around 60% for 'BBB' rated sovereigns. "We revised the Outlook on India's rating to Negative, from Stable, in June 2020, partly owing to our assumptions about the impact of the pandemic on public finance metrics. "The government has little fiscal headroom at its current rating level to respond to possible shocks to growth," it said in a report.

Which sector to benefit most from GST?

Which sector to benefit most from GST?

Rediff.com6 Aug 2016

Moody's expects tax to be lower than the multitude of taxes such as sales tax, excise duties, local taxes, and value-added taxes the automobile sector currently pays

'I can't survive without acting'

'I can't survive without acting'

Rediff.com23 Apr 2022

'If I don't act for a week I become edgy, restless and moody.' Subhash K Jha salutes Manoj Bajpayee, actor extraordinaire, on his 53rd birthday.

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