Last Updated: Saturday, December 14, 2013, 09:46
Standard & Poor`s cut Venezuela`s credit rating by one step to B- on Friday and put the country on watch for another downgrade, citing the "growing radicalization of economic policy".
Last Updated: Wednesday, December 11, 2013, 12:41
S&P has a "negative" outlook on India's sovereign ratings, meaning any downgrade from its current "BBB-minus" would place the country's debt in so-called "junk."
Last Updated: Wednesday, December 11, 2013, 11:53
Brushing aside apprehensions expressed by a rating agency, Finance Minister P Chidambaram on Wednesday said the government will stick to the path of fiscal consolidation and endeavour to narrow the deficit to 3 percent of gross domestic product by 2016-17.
Last Updated: Friday, December 06, 2013, 11:24
Embattled Qantas Airways Ltd was relegated to junk status by credit rating agency Standard & Poor's on Friday, a day after the Australian carrier issued a shock loss warning that sent its shares to a 16-month low.
Last Updated: Thursday, December 05, 2013, 18:38
Global ratings agency Moody's Thursday cautioned that there could be downward pressure on India's sovereign rating if growth weakens further and high inflation persists.
Last Updated: Thursday, December 05, 2013, 10:07
Moody's has raised its rating outlook for Spain to "stable" from "negative", citing signs of real improvement in the economy and government finances.
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: Friday, November 29, 2013, 17:18
The surprising downgrade leaves only three remaining countries in the 17-nation eurozone with the coveted top rating from all three of the world`s major agencies.
Last Updated: Friday, November 29, 2013, 15:24
Standard & Poor`s ratings agency upgraded its outlook for Spanish debt on Friday, highlighting the prospect of an export-led recovery after a two-year recession.
Last Updated: Friday, November 29, 2013, 14:05
The Netherlands on Friday lost its coveted "AAA" rating as Standard and Poor agency downgraded the country`s rating to "AA+", citing weakening growth prospects.
Last Updated: Tuesday, November 26, 2013, 13:31
The foreign currency issuer credit rating on IDBI Bank was cut to 'BB+/B' from 'BBB-/A-3'. The outlook on the long-term rating is negative, S&P had said.
Last Updated: Tuesday, November 26, 2013, 09:54
Shares in IDBI Bank Ltd fell as much as 2 percent on Tuesday after ratings agency Standard and Poor's downgraded the lender's rating to below investment grade citing expectations for weaker asset quality.
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