Russia announces creation of credit rating agency

Last Updated: Friday, July 24, 2015, 22:50

Russia's central bank said Friday it would launch a new credit rating agency by the end of the year in an apparent bid to rival US firms that recently downgraded the country's sovereign debt.

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.

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.

Raters can't offer fee-based services beyond ratings, research

Last Updated: Wednesday, February 6, 2013, 21:01

Market watchdog Sebi has said that a credit rating agency cannot offer any fee-based services other than credit ratings and research to its rated clients, while its regulations would apply to ratings of all kinds of securities, bank facilities and services.

No case for lowering India's credit rating: Rangarajan

Last Updated: Sunday, November 4, 2012, 14:17

Prime Minister's key economic advisor has said that there is no case for lowering India's credit rating and the global agencies need to look at the international scenario before taking any rating action.

341 Japanese firms bankrupt due to quake-tsunami disaster

Last Updated: Tuesday, September 13, 2011, 16:23

The earthquake and tsunami that struck Japan in March has left behind a trail of debt worth nearly USD 8 billion due to failed businesses, according to a credit rating agency.