Fitch denies rating upgrade to India

THE ECONOMIC TIMES Fri, Apr 27, 2018 | 05:18 PM IST Daily Newsletter

Fitch denies India an upgrade for 12th year on run This comes a month after the Modi govt pitched the New York City headquartered agency to upgrade the ratings of the country following a series of reforms.

North Korea and South Korea rewrite history, bringing their 7-decade-long war to an end At their first summit in more than a decade, the two sides announced they would seek an agreement to establish "perma...

Facts behind a govt claim show how numbers tell only half the story The current level of electrification will keep almost 32 mn homes in the dark: govt deems a village 'electrified' if ...

Voda, Idea may soon have the ammo to outspend Jio Idea and Vodafone urgently need to bring their balance sheets under control. The proposed block sale may help the two...

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India's retail king just found a way to beat Amazon at its own game Biyani-led Future Group is set to launch an app like Amazon Prime and use Easyday stores for delivery, giving buyers ...read more SoftBank by its side, BSNL could soon disrupt Indian telecom like never before »  Miracles, supernatural tales kept Asaram's cult going »

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PSU bank segment will slowly become smaller and irrelevant... Vikas Khemani, Edelweiss Securities

Latest Updates

Maruti Q4 takes a hit from higher tax rate, metal prices: Key takeaways The board has recommended a dividend of Rs 80 per share with face value Rs 5 for 2017-18.... Crude and inflation outlook biggest concerns for India "Consumption should be the big driver. Capex is a little slow but picking up."... Rs 20,000 crore surplus in GST compensation cess fund as of end-March In the last fiscal, the government collected Rs 62,021 crore as cess on sin and luxury goods. This amount will make u... Fitch flags India's fiscal Achilles' heel, holds back upgrade for 12th year on run This comes a month after the Modi govt pitched the New York City headquartered agency to upgrade the ratings of the c...

Market Watch 27 Apr | 05:18PM| SENSEX NIFTY USD/INR GOLD 34969.70 ↑256.10 10692.30 ↑74.50 66.64 ↓-0.11 31195.00 ↓-57.00

MARKET NEWS

IPO mart runs dry of new issues, and Nirav Modi is to blame for it India's $60b jewellery industry faces tighter access to credit and more stringent auditing....

Promoters have just raised stakes in these firms: Good news in store? Promoters raise stake in a business usually when they find value in the stock....

Gainers Losers 27 Apr, 2018, 05:18PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Axis Bank 538.90 8.97 4282208 555.55 479.00 Andhra Bank 40.20 7.34 660476 40.60 37.00 Oriental Bank of Commerce 93.70 6.30 561076 95.75 88.15 Atul 2925.40 6.09 20289 3090.00 2752.00 United Breweries 1195.00 5.70 56545 1209.00 1135.00

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PM Modi to get museum tour, dinner with Xi as China trip begins North, South Korea agree to goal of "complete denuclearisation" Amazon, Flipkart to battle it out with summer sale Ecomm wars: It may be Amazon versus all the rest More Slideshows

FROM THE NEWSPAPER

Premium smartphones prove to be a big hit in India The trend shows that consumers will spend more on higher-priced phones, not only in the mid segment but also in the p...

Mimicking China won't give India the jobs it needs World Bank data shows India need a GDP growth of 18% over 20 years to solve its job puzzle. To solve the crisis, it i...

Walmart may rope in Alphabet for its India fight Walmart and Alphabet are seen joining forces once again as they seek to take on Amazon's growing retail clout, this t...

Ruias add a Rs 32,000 crore twist to this year's biggest bankruptcy tussle Numetal was declared ineligible on the grounds that Rewant Ruia has a 25% stake in it and is thus seen as a person ac...

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