aaa credit

US loses ’stable’ outlook from top agencies


November 29th, 2011 - 12:35 pm ICT by IANS
Washington, Nov 29 (IANS) The US has lost its last stable outlook from the three top credit-ranking companies withFitch Ratings affirming its top-notch AAA credit rating but lowering the outlook ... Read more...

Posted in Business |

US rating downgrade won’t hurt Indian exports: Scindia


August 29th, 2011 - 7:22 pm ICT by IANS
New Delhi, Aug 29 (IANS) India's exports, which surged almost 46 percent in the April-June quarter, are unlikely to be much impacted because of the US' credit rating downgrade that ... Read more...

Posted in Uncategorized |

Indian IT industry to grow 16-18 percent, market cautious


August 23rd, 2011 - 10:10 pm ICT by IANS
New Delhi, Aug 23 (IANS) Software industry body Nasscom Tuesday said it is confident about its projection that the IT industry in India will continue to be on the growth ... Read more...

Posted in Business |

Sensex plunges to 15-month low on global turmoil (Weekly market review)


August 20th, 2011 - 5:52 pm ICT by IANS
Mumbai, Aug 20 (IANS) Indian equities markets benchmark indices slumped to a 15-month low as turmoil in global bourses over the fears of another round of slowdown in the ... Read more...

Posted in Business |

Sensex plunges 466 points on global turmoil (Weekly market review)


August 13th, 2011 - 3:09 pm ICT by IANS
Mumbai, Aug 13 (IANS) Benchmark indices of Indian equities markets slumped almost three percent this week as investors dumped shares taking cues from the turmoil in global markets amid ... Read more...

Posted in Business |

US to keep interest rates low until 2013; stocks zoom


August 10th, 2011 - 10:41 am ICT by IANS
Washington, Aug 10 (IANS) Painting a much gloomier picture of the economy, the US central bank has indicated it would take no new steps to stimulate the economy other ... Read more...

Posted in Business |

US always will be a triple-A country: Obama


August 9th, 2011 - 11:10 am ICT by IANS
Washington, Aug 9 (IANS) Even as the US markets took their worst hit since the 2008 financial crisis in reaction to the US losing its top notch AAA credit ... Read more...

Posted in Business |

US markets suffer sharpest drop since 2008


August 9th, 2011 - 10:59 am ICT by IANS
Washington, Aug 9 (IANS) In Wall Street's worst day since the 2008 financial crisis, all three major US stock indexes sank between 5 percent and 7 percent as fearful ... Read more...

Posted in Business |

US markets plunge after the downgrade


August 8th, 2011 - 11:05 pm ICT by IANS
Washington, Aug 8 (IANS) US stocks plunged sharply as Wall Street opened Monday, the first day of trading after Standard & Poor's historical downgrade of the United States' top notch ... Read more...

Posted in World |

China stocks plummet after US credit downgrade


August 8th, 2011 - 11:53 am ICT by IANS
Beijing, Aug 8 (IANS) Chinese shares plummeted at midday Monday following the US losing its top-tier AAA credit rating from Standard & Poor's.The benchmark Shanghai Composite Index tumbled 3.68 percent ... Read more...

Posted in Business |

US wallows in debt but its firms hoard $2 trillion in cash


August 8th, 2011 - 11:29 am ICT by IANS
Washington, Aug 8 (IANS) Corporate America led by Citibank, headed by Indian American chief executive Vikram Pandit, is sitting on a colossal $2 trillion in cash. Of this, $1.4 ... Read more...

Posted in World |

S&P; warns US of further downgrade


August 8th, 2011 - 9:51 am ICT by IANS
Washington, Aug 8 (IANS) Two days after its historic downgrade of America's top notch AAA credit rating, a top executive of Standard & Poor's warned that continued political gridlock in ... Read more...

Posted in Business |

Tough times ahead for Indian equities markets


August 7th, 2011 - 4:55 pm ICT by IANS
Mumbai, Aug 7 (IANS) Indian equities markets are expected to start the week's trade with a negative bias Monday as a fallout of the US economy downgrade continues to ... Read more...

Posted in Business |

A global crisis but Indian economy strong: Mukherjee (Lead)


August 6th, 2011 - 9:56 pm ICT by IANS
New Delhi, Aug 6 (IANS) In the backdrop of a global meltdown of stock markets, which also rocked Dalal Street, and a ratings downgrade of US, Finance Minister Pranab ... Read more...

Posted in Business |

US loses AAA credit rating, terms it ‘a facts-be-damned decision’ (Lead)


August 6th, 2011 - 8:46 pm ICT by IANS
Washington, Aug 6 (IANS) Sending shock waves through America, credit rating agency Standard & Poor's has downgraded its top notch credit rating, stripping the world's largest economy of its prized ... Read more...

Posted in Business |

US calls S&P; downgrade ‘a facts-be-damned decision’


August 6th, 2011 - 8:21 pm ICT by IANS
Washington, Aug 6 (IANS) As Standard & Poor's move to downgrade the credit rating of the US sent shock waves through America, Obama administration officials called it "a facts-be-damned decision," ... Read more...

Posted in Business |

US credit rating downgrade worrisome: Pranab


August 6th, 2011 - 5:20 pm ICT by IANS
New Delhi, Aug 6 (IANS) Finance Minister Pranab Mukherjee Saturday expressed concern over downgrading of the US government credit rating and said the situation will be monitored closely."The situation ... Read more...

Posted in Business |

For first time, US loses AAA credit rating


August 6th, 2011 - 9:45 am ICT by IANS
Washington, Aug 6 (IANS) For the first time in history, credit rating agency Standard & Poor's has downgraded America's top notch credit rating, stripping the world's largest economy of its ... Read more...

Posted in Business |

Moody’s downgrades Spanish debt


October 1st, 2010 - 12:16 pm ICT by IANS
Madrid, Oct 1 (IANS/EFE) Rating agency Moody's Investor Service Thursday downgraded Spain's sovereign debt by one notch from AAA to Aa1 with a stable outlook, citing weak economic growth prospects and other ... Read more...

Posted in Business |

Wall Street stocks fall on US credit concerns


May 23rd, 2009 - 11:27 am ICT by IANS
New York, May 23 (DPA) Stocks fell in late trading on Wall Street Friday for the fourth day on a weaker dollar and concerns the US government's credit rating is in danger. Fears ... Read more...

Posted in World |

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