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Moody's places ONGC, OVL rating on review for downgrade

Jan 22, 2016

Moody's places ONGC, OVL rating on review for downgrade

Moody's Investors Service today placed the ratings of state-run oil producers ONGC and its subsidiary ONGC Videsh "on review for downgrade" on slumping oil prices, weakening demand and prolonged period of oversupply. #oil #ONGC #Moody's #Crude #Downgrade #review #Ratings #OVL
Typhoon Hagupit weakens, leaves 27 dead in Philippines

Dec 09, 2014

Typhoon Hagupit weakens, leaves 27 dead in Philippines

The death toll from a giant storm crossing the Philippines rose to 27 today, the Red Cross said, but there was widespread relief after it brushed the capital without causing major damage. #Manila #NewsTracker #Philippines #Storm #Typhoon Hagupit #response #downgraded
Ahead of earnings, Infosys falls nearly 5% on downgrade; m-cap down Rs 10K cr

Oct 08, 2014

Ahead of earnings, Infosys falls nearly 5% on downgrade; m-cap down Rs 10K cr

The stock was the biggest loser among the 30-Sensex blue-chips, dragging the BSE IT sector index by 3.44 per cent. #Infosys #MindTree #Citigroup #BSE #TechMahindra #Downgrade #Earnings #India
Potential downgrade? Protests in Pakistan threaten promises made to IMF

Sep 02, 2014

Potential downgrade? Protests in Pakistan threaten promises made to IMF

The International Monetary Fund (IMF) saved Pakistan from possible default last September by agreeing to lend $6.6 billion over three years #IMF #Pakistan #reform #Nawaz Sharif #Imran Khan #Default #Downgrade #Economy #India
India downgrade not on the cards, says Moody's

Jan 16, 2014

India downgrade not on the cards, says Moody's

An India downgrade is not on the cards, Bloomberg reported, citing Moody's rating analyst Thomas Byrne. #Moody's #Downgrade #ExpertView #Indian Economy
S&P rating alert: Hung parliament can trigger a downgrade

Dec 12, 2013

S&P rating alert: Hung parliament can trigger a downgrade

India's sovereign rating may come under pressure if general elections due by May next year end up with a hung parliament or with a government unable to push through reforms, Standard & Poor's said on Wednesday. #S&P #Reforms #rating downgrade #Hung Parliament #India
Slowing economy may force Chidambaram to wield budget knife

Oct 03, 2013

Slowing economy may force Chidambaram to wield budget knife

The finance minister may have to slice at least Rs 20000 crore from government spending to prevent a budget blow-out, which could threaten to send the country's credit rating into "junk" status, two ministry officials said. #GDP #finance ministry #Chidambaram #budget cuts #rating downgrade
Govt taking reform measures, India won't be dowgraded: Rangarajan

Sep 13, 2013

Govt taking reform measures, India won't be dowgraded: Rangarajan

"The rating agencies have been talking about the reforms having been put on the back burner. But that is no longer true. Many important legislations were passed (recently) ... Therefore, I would think the rating agencies have no case for any downgrading," he said in reply to a query after release of the 'Economic Outlook 2013-14' report. #Rangarajan #WhoSaidWhat #rating downgrade #Reform measures #Economy
Only big-bang diesel hike can save India from a downgrade

Sep 03, 2013

Only big-bang diesel hike can save India from a downgrade

Any under-recovery leads to a higher expenditure for the central government and thus a higher fiscal deficit. A higher fiscal deficit needs to be controlled by increasing the price of diesel. #Diesel #Growth #Oil marketing companies #rating downgrade #India
Fitch warns of India rating downgrade if confidence falls further

Aug 22, 2013

Fitch warns of India rating downgrade if confidence falls further

India and Indonesia could see their credit ratings lowered if their governments fail to halt the current slump in investor confidence towards the countries, Fitch ratings said on Thursday. #Rupee #Downgrade #ExpertView #Fitch #India