Sp Global Ratings

Indian economy on track for recovery in next fiscal but banking sector to show improvement by 2023, says S&P

S&P Global Ratings said India faces a permanent loss of output versus its pre-pandemic path, suggesting a long-term production deficit equivalent to about 10 percent of GDP

S&P raises India's growth forecast to -7.7% as demand for goods drives recovery

The agency said that the vigour of economic recovery is surprising and also noted the increase in household savings

Stock Markets Today Latest Updates: Sensex plunges over 450 points, Nifty below 9,000-mark at close; realty, auto, bank index decline

Stock Markets Today LIVE Updates: Sensex down over 600 points, Nifty down 185 points; Rupee slips 8 paise against dollar

Coronavirus Outbreak: S&P downgrades Tata Motors ratings, outlook stable; cites weaker-than-expected credit metric

S&P Global Ratings has downgraded Tata Motors to more vulnerable to non-payment grade 'B' citing weaker-than-expected credit metrics owing to the disruptions and economic impact from the coronavirus pandemic

Coronavirus impact: S&P cuts India's GDP growth forecast for FY21 to 5.2% from earlier estimate of 6.5%

S&P Global Ratings on Monday cut its estimate for India's GDP growth in the fiscal starting April 1 to 5.2 percent from its earlier estimate of 6.5 percent, as it saw the outbreak of coronavirus costing economies around the globe

Coronavirus pandemic: S&P lowers India's growth forecast to 5.2% in 2020, says global economy entering recession

S&P Global Ratings on Wednesday lowered India's economic growth forecast to 5.2 percent for 2020, saying the global economy is entering a recession amid the coronavirus pandemic

Risk of contagion in Indian financial sector rising; failure of any large finance firm will adversely impact economic growth: S&P

The Indian financial sector is facing the rising risk of contagion and failure of any large finance company will adversely impact economic growth, S&P Global Ratings said in a report on Wednesday

Proposed Rs 70,000-cr capital infusion into public sector banks credit positive, to boost economy: S&P

The capital infusion will help some banks to come out of the central bank's prompt corrective action (PCA) and resume lending and clean up their balance sheets, she added.

GST will not reduce deficits of state governments significantly: S&P Global Ratings report

Goods and Services Tax (GST) regime in India is not likely to reduce the deficits of state governments significantly, amid large and growing expenditure mandates for the social sector as well as capital spending, says a report

Infusion of Rs 25,000 crore not enough to stabilise Bharti Airtel credit rating: S&P Global Ratings

The rating agency said that there is a negative outlook, an indication of a rating downgrade, which looks at renewed competition