Does govt want rupee value to reach Advani's age, asks Congress

The Congress on Wednesday slammed Prime Minister Narendra Modi led-government over global credit rating firm Moody dubbing the rural economy as a 'credit negative and asked whether the Centre wants the rupee value to reach Bharatiya Janata Party veteran Lal Krishna Advani's age.

Russia credit rating cut amid Ukraine crisis

Russia felt the impact of the Ukrainian crisis on its economy today, when ratings agency Standard & Poor`s cut its credit grade for the first time in five years.

S&P assigns ‘stable’ outlook to IOC, affirms `BB+` rating

Standard & Poor`s on Tuesday revised its outlook for Indian Oil Corp (IOC) to stable from negative on expectations that the government will continue to compensate the company for selling fuel below market rates.

UK top credit rating at risk over debt: Fitch

Britain is most at risk among big economies to lose its top-notch credit rating, while Japan faces a review of its rating if govt debt issuance rises much.