Economic recovery, fiscal improvement would be credit-positive: Moody's

Last Updated: Wednesday, March 11, 2015, 18:05

Maintaining its outlook on India`s `Baa3` rating as stable, global credit rating agency Moody`s Investors Service said on Wednesday that an economic recovery along with fiscal improvement will be credit-positive.

Telcos likely to commit $13 bn in spectrum sale: Fitch

Last Updated: Wednesday, March 4, 2015, 13:41

The much awaited spectrum auction, wherein eight companies are bidding to acquire radiowaves in four bands, started on Wednesday.

Budget evokes mixed response from global rating agencies

Last Updated: Monday, March 2, 2015, 14:39

The Budget has received a mixed response from global rating agencies with the US-based S&P saying that the annual financial document seeks to keep the fiscal deficit in check despite subdued revenue growth.

India's budget: Mood mixed at Moody's

Last Updated: Monday, March 2, 2015, 13:00

The increase in service tax, however, is credit negative as it would increase the production cost for Indian corporates, the agency said.

Budget shows commitment to keep fiscal deficit low: S&P

Last Updated: Monday, March 2, 2015, 10:47

India`s budget for 2015-16 highlighted the government`s commitment to keeping the fiscal deficit low, ratings agency Standard and Poor`s said, adding that the country`s debt burden and subsidy bill could constrain its ratings.

2-wheeler industry to grow 8-9% in FY15; 1-2% next fiscal: ICRA

Last Updated: Thursday, February 26, 2015, 18:20

It will be driven by increasing penetration of scooters even as the larger segment of motorcycles continues to post modest growth supported mainly by replacement demand, ICRA said in its report.

Cement sector to witness recovery in demand, prices: ICRA

Last Updated: Tuesday, February 10, 2015, 21:11

The wholesale cement prices in North and West came under pressure in Q2 FY15 due to monsoons. Post monsoons, the recovery in prices has been slow.

India Ratings says capital raising big concern for banks in FY16

Last Updated: Thursday, February 5, 2015, 19:12

Domestic rating agency India Ratings on Thursday said the primary cause of concern for the banking sector will shift to capital raising in 2015-16, away from the asset quality woes, which may subside as the economy picks up.

Fitch retains stable outlook on power sector in 2015

Last Updated: Friday, December 12, 2014, 23:09

Rating agency Fitch Friday retained its stable outlook on India's power sector in 2015 but warned producers and grid operators will continue to face challenges by way of high capex levels and fuel shortages leading to negative free cash-flow in the medium-term.

Low growth, high inflation could weaken India's debt profile

Last Updated: Thursday, January 9, 2014, 21:11

Global rating agency Moody's on Thursday cautioned that low growth and high inflation could weaken the country's debt profile and raise financing cost.

No compromise on fiscal consolidation, says Chidambaram

Last Updated: Wednesday, December 11, 2013, 11:53

Brushing aside apprehensions expressed by a rating agency, Finance Minister P Chidambaram on Wednesday said the government will stick to the path of fiscal consolidation and endeavour to narrow the deficit to 3 percent of gross domestic product by 2016-17.

Moody's maintains negative outlook on Indian banks

Last Updated: Monday, November 18, 2013, 15:10

International rating agency Moody's on Monday maintained its negative outlook on the country's banking sector, citing worries over asset quality and overall economic growth prospects.