ratings

New Delhi, As the NDA is all set to form the government, Fitch Ratings on Thursday said coalition politics and a weak mandate could make it challenging to pass laws on ambitious reforms.“We believe major reforms in land and labor laws will remain on the agenda of the new government as it seeks...

New Delhi [India], Fitch Ratings has maintained India's Long-Term Foreign-Currency Issuer Default Rating (IDR) assessment at 'BBB-' with a Stable Outlook, despite the coalition government following the recent election results.The affirmation of India's ratings highlights Fitch's confidence in...

New Delhi: India's world record-breaking economic growth rate with strong tax revenues, fast-growing digital and financial infrastructure and a strong manufacturing sector will lay the foundation for the new government to launch the next generation of reforms that will position the country as a...

New Delhi: Ratings firm CreditSites on Monday said it expects Tata Steel's credit metrics to improve in the current financial year on factors such as infrastructure-led domestic steel demand and lower coking coal prices.Tata Steel last week reported a 64.59 per cent decline in consolidated net...

New Delhi: Moody's Ratings on Friday projected India's growth to be at 6.8 per cent in the current year, followed by 6.5 per cent in 2025 on the back of strong economic expansion as well as continuity of post-poll policy.India's real GDP is expected to grow by 7.7 per cent in 2023 from 6.5 per...

New Delhi [India], Welcoming the revision of India's outlook in S&P Globa ratings from stable to positive, Union Minister Piyush Goyal said it is a true recognition of PM Modi's effective management of the economy. He said, "I believe S&P has changed India's rating from negative to positive. The...

New Delhi: Moody's Ratings on Thursday said capital requirements for Indian corporates will remain high as they focus on capacity expansion and inorganic growth spending.Moody's estimates that 16 of the 23 rated companies will require funding of US$70–10 billion annually over the next two...

New Delhi: The BJP on Thursday termed the S&P Global Ratings report on India's growth prospects as a "stamp of authority" on the success of the Centre's policies and hit out at the opposition parties, saying they could not see it as they were blindfolded. Has been kept. Kept. ,After a gap of...

New Delhi, India Ratings and Research (Ind-Ra) has upgraded the long-term issuer rating of Adani Green Energy Ltd to 'IND AA-' from 'IND A+' with a stable outlook."Upgrade factors include continued strong operating asset performance, strong execution scale-up, with annual capacity growth...

New Delhi, Travel tech platform Oyo reported its first profitable financial year in fiscal 2023-24 with net earnings of around Rs 100 crore, founder Ritesh Agarwal said on Thursday.social media platform“While a happy customer or a hotel partner brings the biggest smile to my face, our first...

New Delhi [India], Welcoming the revision of India's outlook by S&P Globa Ratings to positive from stable, Finance Minister Nirmala Sitharaman on Wednesday said it "reflects the country's solid growth performance and promising economic outlook." Wednesday S&P Global Ratings changed its rating...

New Delhi, S&P Global Ratings on Wednesday revised the outlook of six Indian banks including SBI and ICICI Bank to positive from stable, reflecting rating action on the sovereign.S&P revised the rating outlook on state-owned NTPC, ONGC and Power Grid to positive from stable and affirmed 'BBB-'...

New Delhi [India], S&P Global Ratings on Wednesday revised its rating outlook for India to positive from stable, and said it expects continuity in economy reforms and fiscal policies regardless of the Lok Sabha election outcome. But our positive outlook is based on this." Its strong economic...

New Delhi, Fitch Ratings on Monday announced it has upgraded the ratings of Oy parent firm Oravel Stays, citing the hospitality company's improved financial profile.According to a statement, Fitch has raised Oravel Stay's long-term foreign and local currency issuer default ratings to 'B' from...

"The higher-than-expected RBI dividend will help the government meet its 5.1 per cent GDP deficit target for the fiscal year ending March 2022 and be used to reduce the deficit beyond the current target," Fitch Ratings said. May go." In a report on Monday.The new government's budget is likely...

New Delhi: India could get 'rating support' over time if it uses its highest dividend of over Rs 2 lakh crore received from the Reserve Bank to reduce fiscal deficit, S&P Global Ratings analysts said on Thursday. Could.The RBI board has decided to pay a record dividend of Rs 2.1 lakh crore to...

New Delhi: Road transport fleet operators' revenue growth is expected to double to 9-11 per cent in the current financial year on the back of better domestic demand amid tepid exports, CRISIL Ratings said on Thursday.It further said operating margins are seeing an improvement of 75-100 basis...

New Delhi: India Ratings and Research (Ind-Ra) on Tuesday said reforming the build-operate-transfer (BOT) model is a strategic move to attract private capital expenditure, which is expected to exceed Rs 1 trillion by 2030. is estimated. th government.According to the rating agency, during the...

MUMBAI: Container volumes are expected to grow 8 per cent to 342 million tonnes in the current financial year despite the risk of a prolonged Red Sea crisis, CatEdge Ratings said on Thursday.It said the proposed connection of the dedicated freight corridor to Jawaharlal Nehru Port in FY2016 as...

New Delhi, India Ratings & Research on Wednesday maintained a neutral outlook for the power sector, noting that thermal PLF (plant load factor or capacity utilization) will remain healthy in FY21 amid demand-supply mismatch.India Ratings & Research (Ind-Ra) has maintained a neutral outlook for...