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Moody's India ratings upgrade: Banks, firms to reap Narendra Modi government reforms windfall; now access open to cheap foreign funds

Moody's India ratings upgrade: Banks, firms to reap Narendra Modi government reforms windfall; now access open to cheap foreign funds

Foreign currency high-yield bond issuances from India have crossed $6 billion in 2017 so far to hit $6.3 billion.

Who was V Shantaram and why is Google celebrating his birthday with a doodle?
Who was V Shantaram and why is Google celebrating his birthday with a doodle?

On legendary filmmaker V Shantaram's 116th birth anniversary, Google has decided to honour the legend by dedicating a doodle to him.

Boon for Maruti Suzuki as pact with Toyota inked to launch electric vehicles in India by 2020
Boon for Maruti Suzuki as pact with Toyota inked to launch electric vehicles in India by 2020

In February this year, Toyota and Suzuki had signed an agreement to consider the prospect of working together on developing electric vehicle technology.

Moody's India ratings upgrade: Centre seeks to meet fiscal deficit target without cutting spend
Moody's India ratings upgrade: Centre seeks to meet fiscal deficit target without cutting spend

Given that private capex revival is still fragile, the state governments are under an obligation to sustain a high spending momentum to pep up aggregate demand. In FY16, the states’ gross fiscal deficit-GSDP ratio deteriorated to 3.6% from the budgeted estimate of 2.4%.

Strong earthquake rattles Tibet but no damage reported
Strong earthquake rattles Tibet but no damage reported

An earthquake of magnitude 6.3 struck a remote part of Tibet on Saturday, the United States Geological Survey (USGS) said, but there were no immediate reports of any damage.

Oil prices are spiking, rush past $60 mark; see what it means for India in a glance
Oil prices are spiking, rush past $60 mark; see what it means for India in a glance

Crude prices have been moving up since June 2017 because of geopolitical tensions between OPEC countries and disruption in production caused by cyclones in the US.

S Ramadorai: Planet witnessing unsustainable pressure
S Ramadorai: Planet witnessing unsustainable pressure

S Ramadorai, chairman of the Indian National Association Club of Rome (India), said on Friday that the planet is witnessing unsustainable pressure. “We are putting unsustainable pressure on our planet.

AUTOMOBILES

Suzuki and Toyota to make electric vehicles in India; Market launch by 2020
Suzuki and Toyota to make electric vehicles in India; Market launch by 2020

As per the agreement, in addition to lithium-ion batteries, electric motors and other major components would be locally sourced for the production of EVs in India, helping the Indian government fulfill its “Make in India” initiative, even in the field of EVs.

TRAVEL

Footfall at Meghalaya's cherry blossom festival marks three-fold growth
Footfall at Meghalaya's cherry blossom festival marks three-fold growth

The festival was held during November 8-11 at the Wards Lake, dotted with pink and white cherry blossoms, and at the Polo Grounds where tourists watched shows depicting local culture, and tasted food and brew of the region

Horoscope: By Peter Vidal

Today ( 18 Nov )This Week ( 12 Nov - 25 Nov )

SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more

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