Vedanta's Cairn India impairment credit negative: Moody's

Last Updated: Monday, May 4, 2015, 18:33

Ratings agency Moody's Monday said metals and mining major Vedanta Resources' over Rs 19,000 crore impairment in Cairn India is credit negative as it implies a longer pay back period.

India better-off, less vulnerable to capital outflows: Fitch

Last Updated: Thursday, April 30, 2015, 18:04

Projecting an 8 percent growth for the current fiscal, rating agency Fitch on Thursday said India is less vulnerable to risks from capital flight, on account of of drop in oil prices and the government's reform agenda.

Jaitley drops PDMA; RBI to regulate govt bonds for now

Last Updated: Thursday, April 30, 2015, 15:10

Setting at rest the controversy with regard to regulation of government bonds for the time being, Finance Minister Arun Jaitley today dropped from the Finance Bill 2015 the proposal to set up a separate Public Debt Management Agency (PDMA), outside of the RBI's ambit.

World Bank arm to partner IREDA for energy projects

Last Updated: Thursday, April 30, 2015, 15:07

The International Finance Corporation (IFC), the private financing arm of the World Bank, has said it would partner the Indian Renewable Energy Development Agency (IREDA) to provide infrastructure financing for energy projects in India.

Government withdraws proposal to set up new public debt management agency

Last Updated: Thursday, April 30, 2015, 14:15

Jaitley added that the government is in consultation with RBI to prepare a detailed road-map for setting up a separate debt management agency.

India's rating upgrade after eco parameters improve: Moody's

Last Updated: Sunday, April 26, 2015, 13:23

Earlier this month, Moody's had upgraded India's outlook to positive from stable, but retained the credit rating at the existing level at 'Baa3', just a notch above the junk grade.

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.

Property market to improve by March 2016: Fitch

Last Updated: Monday, April 20, 2015, 11:42

"The property development sector (will) be a key beneficiary of reductions in housing loan interest rates by several domestic banks in April 2015," the agency said.

Indian economy to grow at 7.3% in 2015: Moody's

Last Updated: Friday, April 17, 2015, 11:13

Moody's Analytics said, India's economy is on a cyclical upswing and forward-looking indicators suggest domestic demand is gathering momentum.

IEA says oil supply boost may defer market tightening

Last Updated: Wednesday, April 15, 2015, 16:04

The agency raised its forecast for global oil demand growth in 2015 for a second consecutive month, citing strong pockets of consumption in Europe, India and the United States.

Fitch affirms IOC's BBB- rating with stable outlook

Last Updated: Monday, April 13, 2015, 20:13

International ratings agency Fitch on Monday affirmed its 'BBB-' rating on country's largest oil marketer Indian Oil Corporation and also retained the 'stable' outlook on company's long-term foreign currency rating and unsecured debt.