Last Updated: Tuesday, July 29, 2014, 18:12
Deutsche Bank, Germany`s biggest lender, said Tuesday its net profit in the second quarter fell by 29 percent, due mainly to a heavier tax bill.
Last Updated: Monday, July 28, 2014, 19:12
Global ratings agency Moody's Monday said the recent RBI measures on raising foreign investment limit in government bonds and easy norms for infrastructure bond issuances by banks will help the growth process and thus are credit positive for the country.
Last Updated: Monday, July 28, 2014, 12:09
Moody`s rates India with a "Baa3" rating, the lowest investment-grade rating, and a "stable" outlook.
Last Updated: Sunday, July 27, 2014, 15:00
Moody's assigns a 'Baa3' rating on India, with a stable outlook.
Last Updated: Tuesday, July 22, 2014, 20:36
Moody's Investors Service Tuesday said Reliance Industries' largely stable performance metrics for the first quarter of the current fiscal continue to support its credit profile.
Last Updated: Monday, July 14, 2014, 18:40
Rating agency Moody's Monday said the budget 2014-15 has outlined steps to support faster economic growth, but absence of detailed implementation plan makes it modestly credit positive for India.
Last Updated: Friday, July 11, 2014, 17:03
Rating agencies on Friday said Finance Minister Arun Jaitley's assumption of containing fiscal deficit at 4.1 percent of GDP is difficult to achieve given the poor outlook on the revenue front and absence of reduction in subsidies.
Last Updated: Thursday, July 03, 2014, 16:42
If South African bonds are downgraded to junk status it would make the country`s debt off limits to large institutional investors.
Last Updated: Wednesday, July 02, 2014, 15:57
Moody's expects the new government to increase the retail selling prices of controlled fuel products-- kerosene and liquefied petroleum gas (LPG) -- to help control its subsidy burden.
Last Updated: Tuesday, July 01, 2014, 19:44
Rating agency Moody's expects the government to reduce its fuel subsidy bill through a gradual process that in turn will lead to higher product prices and prove credit positive for oil marketing companies.
Last Updated: Friday, June 20, 2014, 13:50
Moody`s acquisition has sparked hopes of foreign investor interest in other local rating agencies too, dealers say.
Last Updated: Thursday, June 19, 2014, 11:10
India's credit outlook will depend on government's initiatives in the next month's budget to contain expenditure, Moody's said.
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