Now, Fitch lowers outlook to negative for Lodha

Last Updated: Thursday, June 18, 2015, 17:10

A week after rating agency Moody's Investors Service downgraded realty player Lodha Developers (LDPL), Fitch Ratings on Thursday assigned a negative outlook to the firm due to its weak operating performance in 2014-15.

IndRa goes with 'negative-to-stable' outlook for retail sector

Last Updated: Monday, June 15, 2015, 18:52

Ind-Ra expects the median revenue growth in the sector to taper down to a 'mid-single digit' for 2015-16 on lower volume growth and tepid same store sales growth.

RBI norms on corporate loan recast credit Positive for banks: Moody's

Last Updated: Monday, June 15, 2015, 14:39

The new RBI guidelines will allow banks to acquire majority equity stakes in corporates that are unable to honour their debt commitments. And acquiring a majority stake would make it easier for the banks to install new company management.

World Bank sees slower global growth, urges Fed to wait on rates

Last Updated: Thursday, June 11, 2015, 09:52

The World Bank on Wednesday cut its global growth outlook for this year and urged countries to "fasten their seat belts" as they adjust to lower commodity prices and a looming rise in U.S. interest rates.

India 2nd most optimistic in hiring, growth momentum slows

Last Updated: Tuesday, June 9, 2015, 13:03

India has retained its second position globally in terms of hiring outlook of companies, but the pace of job additions will slow over the next three months, global staffing firm ManpowerGroup said on Tuesday.

German consumer confidence hits 13.5-year high

Last Updated: Wednesday, May 27, 2015, 12:07

"Very strong domestic demand in Germany and the low rate of inflation are fuelling economic expectations and consumers` willingness to spend," market research company GfK said in a statement.

Economy to grow 7.6-7.8%; below-normal monsoon risk exists: ICRA

Last Updated: Tuesday, May 26, 2015, 21:13

Rating agency ICRA on Tuesday said the Indian economy will grow in the range of 7.6-7.8 percent in the current fiscal, despite the headwinds posed by muted global growth and an unfavourable monsoon outlook.

Robust Singapore Q1 GDP points to steady policy for now

Last Updated: Tuesday, May 26, 2015, 09:42

The surprisingly strong data bolsters the case for the Monetary Authority of Singapore (MAS) to hold off from additional monetary easing later this year, economists said.

Markets in for a roller-coaster ride, say experts

Last Updated: Sunday, May 24, 2015, 10:58

Expiry of May futures and options contracts on Thursday may add to volatility, they added.

Greece says it will default in June without aid from lenders

Last Updated: Thursday, May 21, 2015, 09:58

Greece will not be able to make a payment to the International Monetary Fund due on June 5 unless foreign lenders provide more aid, a senior ruling party lawmaker said on Wednesday, the latest warning from Athens that it is on the verge of default.

Inflation, IIP data to guide market; earning numbers eyed too

Last Updated: Sunday, May 10, 2015, 11:01

The next batch of quarterly results, macroeconomic data and developments in Parliament on key reform bills will dictate near-term trends on bourses.

Fitch, Moody's say India ratings not impacted by foreign outflows

Last Updated: Friday, May 8, 2015, 10:23

Meanwhile, Moody`s, which revised India`s "Baa3" sovereign rating outlook to "positive" from "stable" last month, said its outlook reflects a 2-5 year horizon, rather than near-term growth outlook.