credit rating agency

Export target hinges on revival of global economy: Fitch


June 5th, 2012 - 8:30 pm ICT by IANS
Chennai, June 5 (IANS) The government's target of 20 percent growth in exports during 2012-13 would depend largely on the revival of global demand, said credit rating agency Fitch Ratings.The ... Read more...

Posted in Uncategorized |

GAAR adding to investors’ anxiety: ICRA


April 26th, 2012 - 9:17 pm ICT by IANS
Kolkata, April 26 (IANS) Credit rating agency ICRA Thursday said the provisions of the General Anti-Avoidance Rules (GAAR) prescribed in this year's budget has added to investors' anxiety."Not lack ... Read more...

Posted in Business |

Banks expected to pass on cost savings to borrowers


April 17th, 2012 - 7:27 pm ICT by IANS
Chennai, April 17 (IANS) The cut in reverse purchase (repo) rate by 50 basis points by the Reserve Bank of India (RBI) Tuesday would reduce the cost of funds for ... Read more...

Posted in Business |

Moody’s raises South Korea’s credit outlook to positive


April 2nd, 2012 - 1:28 pm ICT by IANS
Seoul, April 2 (IANS) Global credit rating agency Moody's raised its outlook for South Korea's long-term sovereign credit rating to positive from stable, the country's finance ministry said Monday.According to ... Read more...

Posted in Business |

Crisil to target SMEs in tier II, III towns


February 22nd, 2012 - 8:52 pm ICT by IANS
Chennai, Feb 22 (IANS) Credit rating agency Crisil Ltd is planning to rate around 100,000 small and medium enterprises (SME) by 2015 and is looking at tier II and III ... Read more...

Posted in Business |

LG Electronics’ earnings turns into red in Q3


October 26th, 2011 - 2:37 pm ICT by IANS
Seoul, Oct 26 (IANS) LG Electronics said Wednesday that its earnings turned into the red in the third quarter due to struggling smartphone business.Consolidated operating loss, which includes losses from ... Read more...

Posted in Business |

Deven Sharma to step down as S&P;’s chief (Lead)


August 23rd, 2011 - 11:35 pm ICT by IANS
Washington, Aug 23 (IANS) Pressure from the US government over the country's credit rating downgrade finally seems to have compelled rating agency Standard & Poor's to let go of Deven ... Read more...

Posted in Business |

US probes S&P;’s ratings on mortgage bonds before crisis


August 19th, 2011 - 11:28 am ICT by IANS
Washington, Aug 19 (IANS/EFE) The US Justice Department is investigating credit rating agency Standard & Poor's to determine if it rated mortgage bonds too highly prior to the economic crisis ... Read more...

Posted in Business |

Standard & Poor’s raises Tata Steel’s credit rating


August 9th, 2011 - 8:20 pm ICT by IANS
New Delhi, Aug 9 (IANS) Global credit rating agency Standard & Poor's (S&P;) Tuesday raised the rating of one of India's largest steel companies, Tata Steel, for having been able ... 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 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 |

Demand for homes to drive real estate sector in 2011: Fitch Ratings


January 10th, 2011 - 7:04 pm ICT by IANS
Chennai, Jan 10 (IANS) Credit rating agency Fitch Ratings Monday said the demand for residential units, driven by high growth rate in the Indian economy and rapid urbanisation, are the main drivers ... Read more...

Posted in Business |

petrol decontrol positive for oil companies: Crisil


June 28th, 2010 - 8:59 pm ICT by IANS
New Delhi, June 28 (IANS) Credit rating agency Crisil said the decontrol of petrol price will positively impact the financial risk profiles of oil marketing companies. However, given the sizeable under-recoveries that still ... Read more...

Posted in Business |

ICRA forms joint venture in Nepal


November 16th, 2009 - 5:27 pm ICT by IANS
Kolkata, Nov 16 (IANS) Credit rating agency ICRA Monday signed a pact with Himalayan Infrastructure Fund Ltd of Nepal to set up a joint venture to replicate its rating businesses in that ... Read more...

Posted in Business |

Housing sector to recover by 2010, says report


June 24th, 2009 - 9:59 pm ICT by IANS
New Delhi, June 24 (IANS) The residential segment of the Indian realty sector is likely to recover by 2010, though the commercial and retail sectors will remain under stress for next two ... Read more...

Posted in Business |

India’s industrial output falls 1.2 percent in February (Lead)


April 9th, 2009 - 7:11 pm ICT by IANS
New Delhi, April 9 (IANS) India's industrial output fell 1.2 percent in February against a growth of 9.5 percent in the like month of last fiscal, while the provisional drop reported for ... Read more...

Posted in Business |

India’s inflation rate falls eighth straight week to 0.27 percent (Roundup)


March 26th, 2009 - 3:52 pm ICT by IANS
New Delhi, March 26 (IANS) India's annual rate of inflation declined for the eighth straight week and dropped to another historic low of 0.27 percent for the week ended March 14, as ... Read more...

Posted in Business |

India’s inflation dips sharply to historic low of 0.44 percent (Roundup)


March 19th, 2009 - 5:08 pm ICT by IANS
New Delhi, March 19 (IANS) India's annual rate of inflation fell by as much as 200 basis points to a historic low of 0.44 percent for the week ended March 7 against ... Read more...

Posted in Business |

At 2.43 percent, India’s rate of inflation lowest since June 2002 (Lead)


March 12th, 2009 - 4:35 pm ICT by IANS
New Delhi, March 12 (IANS) India's annual rate of inflation fell further to 2.43 percent for the week ended Feb 28 from 3.03 the week before, official data showed Thursday. The inflation figure ... Read more...

Posted in Business |

India’s inflation rate falls to 3.03 percent, a six-year low (Lead)


March 5th, 2009 - 3:40 pm ICT by IANS
New Delhi, March 5 (IANS) India's annual rate of inflation fell to 3.03 percent for the week ended Feb 21 from 3.36 percent the week before, official data showed Thursday. It was ... Read more...

Posted in Uncategorized |

India’s inflation rate falls to 3.36 percent (Lead)


February 26th, 2009 - 3:46 pm ICT by IANS
New Delhi, Feb 26 (IANS) India's annual rate of inflation fell further in the week ended Feb 14 to 3.36 percent from 3.92 percent the week before, official data showed Thursday. The inflation ... Read more...

Posted in Uncategorized |

India Inc wasn’t expecting anything from interim budget


February 16th, 2009 - 4:57 pm ICT by IANS
New Delhi, Feb 16 (IANS) Following are the reactions from some prominent industrialists and economists to the interim budget presented by acting finance minister Pranab Mukherjee here Monday:Deepak Parekh, chairman, HDFC Bank: ... Read more...

Posted in Uncategorized |

India’s annual inflation rate dips further to 4.39 percent (Lead)


February 12th, 2009 - 4:55 pm ICT by IANS
New Delhi, Feb 12 (IANS) India's annual rate of inflation continued its descent, falling to 4.39 percent for the week ended Jan 31 from 5.07 percent the week before, official data showed ... Read more...

Posted in Uncategorized |

ICRA to rate Central Bank of India’s loans


March 17th, 2008 - 3:10 pm ICT by admin
Mumbai, March 17 (IANS) Credit rating agency ICRA Ltd will now issue ratings to the loans and other exposures made by Central Bank of India. ICRA (Investment Information and Credit Rating Agency), ... Read more...

Posted in Business |

Subscribe