India pitches for rating upgrade by S&P on strong macro data

Last Updated: Monday, August 31, 2015, 15:22

India on Monday pitched for rating upgrade by Standard and Poor's citing strong macroeconomic indicators, low inflation and improvement in fiscal as well as current account deficits.

LCV sales to remain subdued during current fiscal: ICRA

Last Updated: Wednesday, August 26, 2015, 20:23

Medium and heavy truck segment is likely to grow by up to 14 percent in the ongoing fiscal, while light commercial vehicle sales would remain subdued, rating agency ICRA said on Wednesday.

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.

Crisil Q2 Net rises 12% to Rs 65 crore

Last Updated: Friday, July 17, 2015, 19:46

Country's largest rating agency Crisil Friday reported an over 12 percent rise in its consolidated net profit at Rs 64.92 crore for the second quarter ended June 2015.

June quarter may see a mere 3% revenue growth: Crisil

Last Updated: Tuesday, July 7, 2015, 20:51

Rating agency Crisil on Tuesday painted a gloomy picture on the earnings front.

India to grow at 7.8% in 2015, surpass China: Fitch

Last Updated: Tuesday, June 30, 2015, 21:58

Among the BRICS grouping, GDP growth will range from 7.8 per cent in India to a contraction of 3 per cent in Russia and 1.5 per cent in Brazil this year, said the Global Economic Outlook released by the Fitch Ratings.

Moody's retains SBI deposit ratings at Baa3

Last Updated: Monday, June 22, 2015, 20:45

Global rating agency Moody's has affirmed State Bank of India's (SBI) local and foreign currency deposit ratings at Baa3/P-3.

ICRA pulls out services from Indonesia

Last Updated: Monday, June 15, 2015, 17:44

Rating agency ICRA Ltd Monday said it has withdrawn its services from Indonesia in the wake of significant challenges in the current environment in the country.

Steel prices may stay under pressure in FY16: Moody's

Last Updated: Sunday, June 7, 2015, 13:23

Subdued domestic demand and rise in imports from China, Russia and Korea had exerted pressure on steel realisations in the last fiscal, he added.

Fitch retains BBB- rating on IDFC despite asset quality risks

Last Updated: Friday, May 29, 2015, 19:34

Rating agency Fitch on Friday affirmed 'BBB-' rating with a stable outlook on infra lender IDFC -- which is racing to convert itself as a commercial bank -- despite the company facing severe asset quality issues.

GDP in FY15 may have grown lower at 7.3% than Central estimate

Last Updated: Wednesday, May 27, 2015, 20:33

Rating agency India Ratings and Research on Wednesday said the country's GDP may have grown at 7.3 percent in FY 2014-15 which is slightly lower than Centre's estimate of 7.4 percent.