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Moody's downgrade Central Bank, IOB on low govt funding

Rating agency Moody's Tuesday downgraded state-run lenders Central Bank of India and Indian Overseas Bank's local and foreign currency deposit ratings, anticipating low level of support from the government to these banks.

Mar 03, 2015, 17:51 PM IST

SpiceJet issue, safety downgrade marred civil aviation sector

SpiceJet's near-shutdown and the downgrade of India's safety ranking marred the civil aviation sector in 2014 which also saw a new airline taking to the sky and another one readying itself to do so early next year.

Dec 29, 2014, 10:25 AM IST

Chances of lowering India rating higher in 12-24 months: Fitch

Fitch Ratings, which recently lowered India's credit outlook to negative, has said that possibility of downgrading the country's sovereign rating is more than 50 percent in the next 12-24 months.

Aug 12, 2012, 13:30 PM IST

S&P rating: BJP says wake-up call, Cong says not gospel truth

The BJP on Tuesday rued that the UPA government is still in denial mode about the economic crisis.

Jun 12, 2012, 18:20 PM IST

Moody's places Spain on negative review

Rating agency Moody's Friday placed Spain on review for a possible downgrade, citing weak growth and funding pressures, hitting the euro on concerns a Greek rescue package has not laid contagion fears to rest.

Jul 29, 2011, 11:45 AM IST