Indian government pitches for rating upgrade

Last Updated: Thursday, April 25, 2013, 18:25

Indian government Thursday made a strong pitch for sovereign rating upgrade during a meeting with the representatives of Standard & Poor's, saying the recent reform initiatives would help contain deficits and boost investments and growth.

Sebi mulls checks on 'conflict of interest' at rating agencies

Last Updated: Sunday, April 14, 2013, 14:11

At the same time, fears have also been raised in the recent past that CRAs might assign bad ratings to the entities that have either fallen out of favour, the official said.

FinMin pitches for ratings upgrade for economy with Fitch

Last Updated: Friday, April 12, 2013, 14:18

The Finance Ministry on Friday made a strong case for rating upgrade of Indian economy by global agency Fitch on the back of increasing investments, declining import of gold and government's commitment to fiscal prudence.

Food inflation a credit negative for India: Moody's

Last Updated: Monday, March 18, 2013, 17:18

While Fitch and Standard and Poor's have downgraded their outlook on India to "negative" from "stable", Moody's Investors Service has assigned a "stable" outlook.

S&P pegs India's FY'14 growth at 6.4%; may up rating outlook

Last Updated: Thursday, March 14, 2013, 20:42

Global ratings agency Standard & Poor's on Thursday pegged India's FY'14 GDP growth at 6.4 percent, one of the most optimistic estimates among analysts, and said it may upwardly revise outlook on the sovereign rating if the government continues to focus on policy initiatives.

S&P, Fitch say India rating unaffected by Budget

Last Updated: Thursday, February 28, 2013, 19:28

Global rating agency Standard & Poor's Thursday said the Union Budget for fiscal year 2013-14 will have no impact on the country's sovereign credit rating.

Policy execution key to rating assessment: Fitch

Last Updated: Monday, February 4, 2013, 23:18

"Public commitments and policy announcements by the Indian government so far in 2013 are encouraging signals that the authorities want to maintain the momentum towards fiscal consolidation and structural reform generated since last summer," the agency said in a note.

India's rating downgrade chances depend on reforms: Fitch

Last Updated: Friday, February 1, 2013, 18:09

Prospects of downgrading India's credit rating will depend on whether government can stick with its reforms agenda and consolidate public finances, Fitch Ratings said on Friday.

'Companies' rating downgrades improve in second half of 2012'

Last Updated: Wednesday, January 16, 2013, 22:19

The rating downgrades stood at 9.5 percent in H2 of 2012, which improved from 10.3 percent in the same period a year ago, Icra said in a statement here.

Fitch repeats rating threat; Govt says 'nothing to worry'

Last Updated: Tuesday, January 8, 2013, 15:23

Rating agency Fitch Tuesday warned of a downgrade in India's sovereign rating in the next 12-24 months citing slowing GDP growth and weak public finances.

'Govt committed to keep fiscal deficit at 5.3% this fiscal'

Last Updated: Tuesday, December 4, 2012, 15:03

Government is committed to restricting fiscal deficit to 5.3 percent this fiscal and has adequate cash balance to deal with the situation, the Finance Ministry told global rating agency Moody's on Tuesday.