Capital spending in India to take 12 more months to recover: S&P

Last Updated: Sunday, March 29, 2015, 16:38

"We expect capital spending in India will continue to fall in fiscal 2016 despite its economy being one of the few bright spots in Asia-Pacific," it said.

Bangladesh to get $200-mn World Bank loan to help poor

Last Updated: Thursday, March 19, 2015, 21:49

Bangladesh is to get a $200 million loan from the World Bank to help some five million poor people in rural areas of the country, the bank said.

Improvement in banks' asset quality to take time: S&P

Last Updated: Wednesday, March 18, 2015, 15:39

Improvement in the asset quality of Indian banks and growth in credit offtake is likely to take more time as the problems in mining and infrastructure sector are yet to be resolved, global rating agency S&P said on Wednesday.

Crisil appoints Ashu Suyash as new MD & CEO

Last Updated: Monday, March 16, 2015, 20:45

Rating agency Crisil today announced Ashu Suyash as its next Managing Director and CEO with effect from June 1.

Spectrum auctions will lead to high tariffs, competition: S&P

Last Updated: Thursday, March 5, 2015, 20:58

The ongoing spectrum auctions, which fetched over Rs 60,000 crore on the very first day, are likely to intensify competition among major telecom players, leading to higher tariffs, and will also increase the gap between top operators and smaller ones, says a report.

Global rating agencies rule out upgrade for India within a year

Last Updated: Monday, March 2, 2015, 21:32

Global rating agency S&P Monday ruled out a rating upgrade for India within a year while Fitch said the government's fiscal consolidation strategy spelt out in Budget is "less aspiring" than in the past.

RBI Governor says public debt not a problem yet for India

Last Updated: Monday, March 2, 2015, 19:48

RBI Governor Raghuram Rajan today said government debt is not yet a problem for India even as Standard & Poor's stated that high government debt is putting the sovereign rating under pressure.

Fiscal deficit, low income constrain India's rating: S&P

Last Updated: Monday, February 23, 2015, 15:16

Days ahead of the Union Budget, global rating agency Standard & Poor's today warned that India's weak fiscal and debt indicators, coupled with the low income levels, "constrain" the sovereign rating.

India's real GDP growth to near 7%: Standard & Poor's

Last Updated: Monday, February 23, 2015, 13:15

Ratings agency Standard & Poor's said India's real GDP growth will near 7 percent by 2017.

Crisil Q4 Net inches down to Rs 70.79 crore

Last Updated: Sunday, February 15, 2015, 16:30

Country's leading credit rating agency Crisil today reported a marginal decline in its consolidated net profit at Rs 70.79 crore for the quarter to December against Rs 70.92 crore in the same period last fiscal.

Bond raters S&P, Moody`s step up pressure on Greece

Last Updated: Saturday, February 7, 2015, 04:57

The top credit rating agencies piled more pressure Friday on Greece as the country scrambles to negotiate a new debt deal with its European creditors.

Standard & Poor`s downgrades Greece to just above default vulnerable

Last Updated: Saturday, February 7, 2015, 00:55

Standard and Poor`s downgraded Greece`s credit rating on Friday to B-, just one notch above the range indicating vulnerability to a default, warning Athens had limited time to reach a deal on its massive debts with creditors.