Why Moody's downgraded China's rating for the first time since 1989

Why Moody's downgraded China's rating for the first time since 1989

Moody’s Investors Service cut its rating on China’s debt for the first time since 1989, challenging the view that the nation’s leadership will be able to rein in leverage while maintaining the pace of economic growth.

China stocks fall to 7-month low as Moody’s downgrade deepens liquidity concerns
Moody’s downgrades China to A1 from Aa3, with stable outlook
Moody’s downgrades China to A1 from Aa3, with stable outlook

Moody's Investors Services downgraded China's long-term local and foreign currency issuer ratings on Wednesday citing expectations that the financial strength of the world's second biggest economy would erode in the coming years.

Big IT layoff fears: Here's why all is not as bad as you think
Big IT layoff fears: Here's why all is not as bad as you think

Indian IT sector employment prospects, both in the near and long-term are expected to be broadly positive and encouraging for the future, says government.

Babri Masjid demolition: Special CBI court to resume Ayodhya case today
Babri Masjid demolition: Special CBI court to resume Ayodhya case today

A special Central Bureau of Investigation (CBI) court will today resume hearing in the 1992 Babri Masjid demolition case.

Donald Trump calls North Korea's Kim Jong-Un 'madman with nuclear weapons'
Donald Trump calls North Korea's Kim Jong-Un 'madman with nuclear weapons'

President Donald Trump called North Korean leader Kim Jong-Un a "madman with nuclear weapons" during a telephone call with Philippine President Rodrigo Duterte, according to a transcript of the conversation released by US media yesterday.

Pakistan set to take part in SAARC space seminar in Gujarat
Pakistan set to take part in SAARC space seminar in Gujarat

Pakistan has decided to send two officials from space research commission to attend a seminar organised by the SAARC Disaster Management Centre (SDMC) in Gujarat's Gandhinagar.

US puts onus on Pakistan to ease strain on relationship with India
US puts onus on Pakistan to ease strain on relationship with India

US has sent a strong message to Pakistan, saying easing of heightened tension between Indian and its neighbour will probably hinge in 2017 on a sharp and sustained reduction of cross-border terrorism and progress in the Pathankot investigation

AUTOMOBILES

Live updates: Volkswagen Tiguan to launch today in India: specs, features and prices
Live updates: Volkswagen Tiguan to launch today in India: specs, features and prices

German carmaker's premium SUV offering, the Volkswagen Tiguan, is being introduced in the Indian car market today. Here are the live updates from the venue on the variants, specifications, features and pricing

PERSONAL FINANCE

3 years of Modi government: RERA done, what more is needed by the real estate sector
3 years of Modi government: RERA done, what more is needed by the real estate sector

According to experts, the Indian real estate market is at a stage where it can only rise as home prices have come down by 15-20 per cent in the last year-and-a-half due to corrections, which combined with the reduction in home loan rates has helped improve sales in last few months.

Horoscope: By Peter Vidal

Today ( 24 May )This Week ( 21 May - 27 May )

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