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Sunday, November 29, 2020

Standard & Poor

STANDARD & POOR NEWS

S&P projects Indian economy to contract 5% in FY21

May 28, 2020 11:59 am

"We have lowered our growth forecast for fiscal year ending March 2021 to a 5 per cent contraction... We currently assume that the outbreak peaks by the third quarter," S&P said in a statement.

Financial, commodity shock may unwind fiscal gains: S&P

April 14, 2015 2:59 am

Ggovernment budget deficit in India has fallen in recent years, relative to GDP.

Gross NPAs of Indian banks set to hit 4.5%, says S&P

October 29, 2014 1:33 am

According to S&P, any aggressive market share gaining tactics by new banking entrants may adversely impact the banking sector’s stability.

India regains ‘stable’ credit outlook from S&P on govt’s reform moves

September 27, 2014 1:22 am

Rating agency says that strong political mandate will help economic reforms.

Budget has no impact on India sovereign ratings: Standard & Poor's

July 14, 2014 12:42 pm

S&P is the only one of the three major credit agencies to have a 'negative' outlook on India.

S&P upgrades Vedanta on hopes of better conditions

May 22, 2014 1:01 am

S&P further said that Vedanta subsidiary Sesa Sterlite’s potential acquisition of the Indian government’s 29 per cent stake in Hindustan Zinc is positive for the group.

US wants one trial in $5 bn fraud case versus S&P

April 09, 2014 1:41 am

S&P, a unit of McGraw Hill Financial Inc, was accused of causing losses for federally-insured banks and credit unions by inflating ratings to win more fees from issuers.

S&P says credit profile of India Inc improving

March 19, 2014 3:22 pm

Many companies in the infrastructure sector with very high leverage are also considering selling assets to improve their debt-servicing ability.

Will US Fed end 2013 with bang or whimper?

December 15, 2013 12:59 am

Fed policymakers gather for the last time in 2013 for a two-day meeting that concludes on Wednesday.

Standard & Poor’s upgrades TCS,Wipro & Infosys credit rating

December 14, 2013 3:22 am

S&P's rating for India currently stands at BBB- with a 'negative' outlook.

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