Greece pushes for deal as EU slashes outlook

Last Updated: Tuesday, May 5, 2015, 19:30

Greece`s growth outlook was slashed by Brussels Tuesday after months of fruitless debt talks, as ministers toured European capitals to push for a bailout deal that will save Athens from bankruptcy.

Reform implementation to determine rating upgrade: Moody's

Last Updated: Thursday, April 30, 2015, 13:28

Moody's, which has given the lowest investment grade rating to India, named regulatory complexity and weak social and physical infrastructure as challenges before the country.

Ukraine`s economy to shrink by a massive 7.5% in 2015: World Bank

Last Updated: Wednesday, April 29, 2015, 18:18

The World Bank sharply cut its outlook for war-torn Ukraine Wednesday, forecasting its economy will shrink by a massive 7.5 percent this year due to the conflict with pro-Russian separatists.

S&P upgrades outlook on Tata Power to 'Stable'

Last Updated: Wednesday, April 22, 2015, 19:00

Global ratings agency Standard & Poor's on Wednesday revised upward its outlook on Tata Power to 'stable' and reaffirmed its B+ rating on the company citing the progress, though slow, on tariff revision and stake sale.

G20 strikes hopeful tone, but officials fret over Greece

Last Updated: Saturday, April 18, 2015, 01:08

The Group of 20 leading economies struck a hopeful tone on the outlook for global growth on Friday even as officials fretted that Athen`s inability to strike a deal with its lenders could upset Europe`s tentative recovery.

Nifty snaps 7-day winning steak; tumbles below 8,800 mark

Last Updated: Wednesday, April 15, 2015, 20:20

Ending its seven-day gaining streak, the NSE Nifty on Wednesday tumbled by 83.80 points to close below the 8800 level as investors booked profits across the board.

IMF hikes eurozone growth forecasts, cautious on outlook

Last Updated: Tuesday, April 14, 2015, 21:49

The IMF hiked its eurozone growth forecasts Tuesday but warned the outlook was fragile, with the Ukraine crisis and uncertainty over Greece`s future in the single currency bloc adding to concerns.

Fiscal weaknesses make India vulnerable: S&P

Last Updated: Monday, April 13, 2015, 15:36

"Structural fiscal weaknesses continue to be vulnerabilities of Indian sovereign creditworthiness, Standard & Poor's Credit Analyst Kim Eng Tan said.

Fitch affirms Tata Steel outlook stable

Last Updated: Friday, April 10, 2015, 15:31

Fitch on Friday reaffirmed its BB+ rating as well as 'stable' credit outlook for Tata Steel saying its highly profitable India operations is improving company's financial position.

Brent crude nudges up near $57, set for weekly gain

Last Updated: Friday, April 10, 2015, 11:02

Brent crude edged up on Friday, supported by strong economic data from Germany that lifted the oil demand outlook and as worries about a quick return of Iranian supplies eased.

Credit outlook rating upgrade to help attract FDI: FICCI

Last Updated: Thursday, April 9, 2015, 22:25

With rating agencies Fitch and Moody's affirming India's credit outlook as "stable" and "positive" respectively, Ficci Thursday said the move will uplift investor sentiment and help attract foreign investments.

Stocks climb as Moody's upgrades India outlook; rupee steady

Last Updated: Thursday, April 9, 2015, 19:48

Bolstered by Moody's upgrading India's rating outlook to 'positive' from 'stable' Thursday, the benchmark BSE Sensex surged over 177 points to close at near four-week high of 28,885.21 as lenders led the rally, however, rupee ended flat against the dollar.