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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Last Updated: Wednesday, September 04, 2013, 19:00
India on Wednesday dismissed the latest projection by Standard & Poor's that there was a more than one-in-three chance of ratings downgrade for the country in the next one to two years, saying there was "no chance" of this prospect.
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