Journalism of Courage
Standard & Poor
STANDARD & POOR NEWS
S&P projects Indian economy to contract 5% in FY21
May 28, 2020 11:59 am
"We have lowered our growth forecast for fiscal year ending March 2021 to a 5 per cent contraction... We currently assume that the outbreak peaks by the third quarter," S&P said in a statement.
Financial, commodity shock may unwind fiscal gains: S&P
April 14, 2015 2:59 am
Ggovernment budget deficit in India has fallen in recent years, relative to GDP.
Gross NPAs of Indian banks set to hit 4.5%, says S&P
October 29, 2014 1:33 am
According to S&P, any aggressive market share gaining tactics by new banking entrants may adversely impact the banking sector’s stability.
India regains ‘stable’ credit outlook from S&P on govt’s reform moves
September 27, 2014 1:22 am
Rating agency says that strong political mandate will help economic reforms.
Budget has no impact on India sovereign ratings: Standard & Poor's
July 14, 2014 12:42 pm
S&P is the only one of the three major credit agencies to have a 'negative' outlook on India.
S&P upgrades Vedanta on hopes of better conditions
May 22, 2014 1:01 am
S&P further said that Vedanta subsidiary Sesa Sterlite’s potential acquisition of the Indian government’s 29 per cent stake in Hindustan Zinc is positive for the group.
US wants one trial in $5 bn fraud case versus S&P
April 09, 2014 1:41 am
S&P, a unit of McGraw Hill Financial Inc, was accused of causing losses for federally-insured banks and credit unions by inflating ratings to win more fees from issuers.
S&P says credit profile of India Inc improving
March 19, 2014 3:22 pm
Many companies in the infrastructure sector with very high leverage are also considering selling assets to improve their debt-servicing ability.
Will US Fed end 2013 with bang or whimper?
December 15, 2013 12:59 am
Fed policymakers gather for the last time in 2013 for a two-day meeting that concludes on Wednesday.
Standard & Poors upgrades TCS,Wipro & Infosys credit rating
December 14, 2013 3:22 am
S&P's rating for India currently stands at BBB- with a 'negative' outlook.
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