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Fitch pegs India's growth this fiscal at 5.5%

Last Updated: Friday, April 11, 2014, 20:25

Global rating agency Fitch Friday pegged India's growth at 5.5 percent in the current fiscal and 6 percent in 2015-16 and affirmed the country's rating outlook at stable level.

CAD likely to remain lower in Q3 and Q4: India Ratings

Last Updated: Wednesday, December 04, 2013, 15:57

In the July-September quarter, CAD narrowed to USD 5.2 billion, or 1.2 percent of GDP, as against USD 21 billion, or 5 percent of the GDP, in same period of last fiscal.

India's ratings already reflect Fed tapering fears: Fitch

Last Updated: Thursday, November 21, 2013, 11:16

Fitch rates India at "BBB-minus", the lowest investment grade rating. It revised its outlook for the country to "stable" from "negative" in June.

UBS downgrades India to 'neutral', upgrades China on reforms

Last Updated: Monday, November 18, 2013, 10:26

UBS downgrades India to "neutral" from "overweight" and upgrades China to "overweight", saying Plenum reforms will likely cause China to outperform Asia ex-Japan for the next few months.

India's CARE joins four others to launch global rating agency

Last Updated: Wednesday, November 13, 2013, 09:01

Credit ratings organisations from five countries are launching a new global agency, touting it as an alternative to the Big Three agencies.

S&P warns next govt's agenda to determine rating action

Last Updated: Thursday, November 07, 2013, 20:33

Global rating agency Standard & Poor's (S&P) Thursday warned that failure of the new government to come out with a credible growth plan post general elections could result in ratings downgrade for India.

Asian countries seek to boost oversight on rating agencies

Last Updated: Wednesday, October 30, 2013, 18:07

Asian countries, including India, Wednesday discussed efforts being initiated to bring down their "mechanistic" reliance on credit ratings and to strengthen oversight of rating agencies.

Credit Suisse cuts Cairn India to ''neutral'' after earnings miss

Last Updated: Wednesday, October 23, 2013, 12:18

Credit Suisse has downgraded Cairn India to "neutral" from "outperform" after saying its July-September profit-after-tax and revenue missed estimates.

JPMorgan resumes Cairn India at 'overweight' on valuations

Last Updated: Monday, October 21, 2013, 15:15

JPMorgan assumed coverage of Cairn India Ltd with an "overweight" rating and a target price of Rs 400, from a "neutral" rating with a Rs 315 target price as of October 2011.

Citi downgrades Cummins India to ''sell'', prefers L&T

Last Updated: Thursday, October 10, 2013, 10:09

Citigroup has downgraded Cummins India to "sell" from "neutral" and cut the price target to 377 rupees from 410 rupees, noting that its shares rallied in the last month despite a difficult operating environment.

Cos'credit quality slipping; NPA seen at 4.4% in March: Crisil

Last Updated: Monday, October 07, 2013, 17:19

Power, road transport and construction sectors witnessed the highest number of downgrades in the first half of the fiscal, Crisil said.

There is no case for India's rating dowgrade: Rangarajan

Last Updated: Friday, September 13, 2013, 16:15

Government has already taken a host of reform measures and there is no case for any downgrade of India's sovereign rating by global agencies, Prime Minister's key economic advisor C Rangarajan said here on Friday.