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Manufacturing PMI falls to 18-month low in December

Manufacturing PMI has remained in the expansion zone (print above 50) for 30 months in a row.

January 4, 2024 01:10 IST

Vedanta’s plans to extend maturity date of bonds “attractive”: CreditSights

CreditSights estimates price upsides of 4-8 cents across each of VRL’s 2024 and 2025 bonds upon a successful bond restructuring.

December 18, 2023 00:40 IST

indian inc, s&P, economic growth, indian economy,

India Inc on a strong credit footing: S&P

A supportive factor is the country’s economic growth, which is the highest in the region at 6% for 2023 and…

July 5, 2023 06:30 IST

Reliance Industries’ operating performance to remain resilient: S&P

The rating agency affirmed its ‘BBB+’ rating – equivalent to the sovereign rating assigned to India – to Reliance (RIL)…

Updated: June 1, 2023 15:49 IST

Reliance Industries’ diversification, domination strategy to pay off well; expansion manageable, says S&P

S&P said RIL’s adjusted debt will likely remain at Rs 2.6 lakh crore to Rs 2.7 lakh crore over the…

Updated: April 26, 2023 14:16 IST

Wall Street joins global swoon after Russia attacks Ukraine

The S&P 500 sank 2% to continue its dismal start of the year. It’s now down almost 14% from the…

February 24, 2022 20:51 IST

S&P 500, Dow hit record highs on 1st trading day of 2022; Apple becomes first U.S. company worth $3 trillion

Apple Inc became the first U.S. company to hit a $3 trillion market capitalization but ended the day slightly below…

January 4, 2022 08:00 IST

S&P retains RIL rating, outlook; sees Jio rollout by FY17-end

S&P today affirmed the BBB+ rating on Reliance Industries with stable outlook, citing likely fall in its leverage due to…

May 31, 2016 18:13 IST

Bank stocks under pressure on asset quality worries

The asset quality and capitalisation of India’s banking sector is likely to remain under pressure in the next 12 months…

Updated: March 23, 2016 13:39 IST

ICICI Bank launches new payment service on smartphones

Standard & Poor’s assigns investment grade rating to ICICI’s dollar bond

Global rating agency Standard & Poor’s (S&P) today assigned investment grade rating (BBB-) to a proposed issue of dollar-denominated bonds…

March 14, 2016 20:32 IST

Standard & Poor’s warns of more sovereign downgrades than upgrades in 2016

On the heels of both the World Bank and IMF lowering their global growth forecasts, rating agency Standard & Poor’s…

January 7, 2016 21:36 IST

India to grow at 7.4% this fiscal, says Standard & Poor’s

India’s economy will grow at 7.4 per cent in the current fiscal, which will further improve to over 8 per…

December 3, 2015 15:13 IST

Just growth, fiscal improvement can’t resolve NPA issues: Standard & Poor’s

Global ratings agency Standard & Poor’s (S&P) today called for a multi-pronged strategy to help banks tide over asset quality…

November 25, 2015 21:17 IST

Companies may raise $5 bn via masala bonds over 3 years: Standard & Poor’s

Indian companies could raise up to USD 5 billion over the next three years through issue of offshore rupee or…

November 25, 2015 18:06 IST

Wake up call from S&P: Lot of India’s macro turnaround due to good luck

Credit rating agency S&P refusing to change India’s rating from just above junk comes as a bit of a rude…

Updated: October 20, 2015 19:15 IST

S&P rating merely a point of view, GDP to exceed 7.5%: DEA Secy Shaktikanta Das

S&P, in its report report yesterday, ruled out the possibility of upgrade of India’s sovereign rating in the current fiscal…

October 20, 2015 15:16 IST

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S&P retains India’s rating at BBB-, rules out upgrade

Global agency Standard and Poor’s today ruled out any rating upgrade for India, though it said improvement in policymaking have…

October 19, 2015 19:54 IST

Gas price cut to discourage new investment in oil sector: Standard & Poor’s Ratings

Standard & Poor’s Ratings Services today said the government’s decision to cut natural gas prices by 18 per cent will…

October 1, 2015 20:20 IST

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Who is Prince Hisahito? First male in world’s oldest monarchy in 40 years

Life1 hr ago

Japan’s 2,600-year-old monarchy has just crowned 19-year-old Prince Hisahito as their heir, bringing hope to the succession crisis. Hisahito, the nephew of Emperor Naruhito, is now second in line to the throne and has a strong interest in biology and dragonflies. Japan’s male succession rules have been in place since 1947, but there is growing support for changing the laws.

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