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Ratings to help MSMEs in getting finance: Crisil

Last Updated: Friday, July 18, 2014, 19:43

Credit ratings would help micro small and medium industries (MSMEs) to get access to bank finance which had been a perennial problem for these units, an official of Crisil SME Rating said.

Budget lacks 'specifics' for improvement in power sector:Fitch

Last Updated: Wednesday, July 16, 2014, 15:24

Fitch said inadequate domestic production and infrastructure bottlenecks continue to act as constraints for ensuring adequate supplies to power plants.

Rating agencies say Jaitley's fiscal targets hard to achieve

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.

India Inc revenue likely to grow 9-11% in June-quarter: Crisil

Last Updated: Thursday, July 03, 2014, 18:23

The Crisil covered 600 companies excluding financial services and oil companies, representing 71 percent of the market capitalisation of India Inc.

Moody`s pushes Puerto Rico debt deep into junk status

Last Updated: Wednesday, July 02, 2014, 03:30

Ratings company Moody`s on Tuesday slashed Puerto Rico`s debt rating by three notches into even deeper junk status after the US territory passed a debt-restructuring law.

Stocks of rating agencies jump; Moody's ups stake in ICRA

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.

PSU banks rating outlook likely to be stable: Report

Last Updated: Sunday, June 15, 2014, 12:15

The appointment of Narendra Modi-led BJP government has improved investors sentiments and the key benchmark indices surged to record levels.

S&P revises Britain outlook to stable from negative

Last Updated: Saturday, June 14, 2014, 09:00

The agency also affirmed its `AAA/A-1+` long- and short-term sovereign credit ratings for Britain.

S&P confirms negative outlook for Italy

Last Updated: Saturday, June 07, 2014, 10:39

The US rating agency said in a statement the estimates for growth in the country remained "weak both in real and nominal terms.''

S&P hikes Ireland's credit rating

Last Updated: Saturday, June 07, 2014, 09:28

Ireland`s net general government debt was forecast to peak at 127 percent of GDP in 2013, and to fall to 112 percent by 2017.

S&P holds Saudi credit rating at AA-/A-1+

Last Updated: Saturday, June 07, 2014, 09:22

Saudi Arabia, on the back of high oil prices, has announced a balanced budget for this year of a record $228 billion.

Fitch downgrades Vedanta to 'BB'; withdraws ratings

Last Updated: Friday, June 06, 2014, 19:30

International rating agency Fitch today downgraded Anil Agrawal promoted Vedanta's credit rating to 'BB' from BB+ with a stable outlook and then withdrew its ratings.