Last Updated: Thursday, April 11, 2013, 16:54
On April 25 last year, S&P lowered its outlook on India’s long term rating from Stable to Negative owing to the concerns of slowing growth and deterioration in the external and fiscal position.
Last Updated: Thursday, April 11, 2013, 15:23
Finance Minister P Chidambaram in 2013-14 Budget has proposed to bring down the fiscal deficit to 4.8 percent from 5.2 percent in 2012-13.
Last Updated: Friday, March 15, 2013, 20:21
Capital market regulator Sebi on Friday asked the credit rating agencies (CRAs) to share with the debenture trustees all relevant information about the ratings assigned by them for debt securities and about the issuers of such instruments.
Last Updated: Saturday, March 9, 2013, 16:25
India needs good rating from global credit rating agencies to help bolster foreign capital flows into the country, Union Finance Ministry advisor Parthasarathi Shome said on Saturday.
Last Updated: Wednesday, October 17, 2012, 15:08
Sebi Chairman U K Sinha on Wednesday said corporates should not draw credit rating agencies, also overseen by the capital markets regulator, into litigation and let the due process of assessment prevail.
Last Updated: Friday, August 17, 2012, 19:47
The government has said market indicators do not suggest that foreign investors are "unduly worried" about the economy even as global rating agencies are sounding bearish on India.
Last Updated: Wednesday, June 27, 2012, 16:36
Corporate Affairs Minister Veerappa Moily Wednesday took strong objection to the rating agencies commenting about leadership of the country, stating it was "unacceptable".
Last Updated: Tuesday, June 26, 2012, 18:18
Beverages giant Coca Cola on Tuesday gave India a thumbs up as it asked fellow multinationals to put their money here, at a time when some global rating agencies have raised questions over investment climate in the country citing lack of policy reforms.
Last Updated: Friday, June 22, 2012, 21:13
Union Minister for Overseas Indian affairs Vayalar Ravi on Friday alleged international rating agencies are deliberately trying to downgrade the country's economic outlook to 'tarnish' its image at global fora.
Last Updated: Sunday, January 22, 2012, 16:03
Plans to launch a European ratings agency to compete with S&P, Moody's and Fitch are at an advanced stage and a new private institution could start business as soon as the first half of this year.
Last Updated: Tuesday, December 6, 2011, 22:56
A European Union watchdog said it was investigating credit rating agencies to look at how they rank sovereign bonds and other debt and could impose heavy sanctions if it finds any wrongdoing by the influential institutions.
Last Updated: Wednesday, November 16, 2011, 14:24
A European Union plan to impose tougher rules on credit rating agencies is "dangerous" as it is bound to limit the "quality and independence" of the rating process, the president and chief operating officer of Moody's Investor Services told Le Figaro newspaper.
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