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S&P upgrades outlook on India's sovereign rating to 'positive'

Economy

29 May, 2024

S&P upgrades outlook on India's sovereign rating to 'positive'

S&P Global Ratings raised India's sovereign rating outlook to 'positive' from 'stable' while retaining the rating at 'BBB-', saying on ......

India's May factory activity grows at fastest pace since Oct 2020

Manufacturing

01 June, 2023

India's May factory activity grows at fastest pace since Oct 2020

India's factory output expanded at the quickest pace since October 2020 last month thanks to strong demand and output, while ......

Govt aims rating upgrade citing better post-Covid economic conditions

Economy

13 March, 2023

Govt aims rating upgrade citing better post-Covid economic conditions

India is seeking an upgrade to its sovereign credit rating, currently at the lowest-possible investment grade, as the Asian nation ......

February services PMI hits 12 year high

General

03 March, 2023

February services PMI hits 12 year high

Activity in India's dominant services sector expanded at the fastest pace in 12 years in February on strong demand as ......

Factories ended 2022 on a strong note

Economy

02 January, 2023

Factories ended 2022 on a strong note

India's manufacturing industry ended 2022 on a solid footing as business conditions improved at the fastest rate in over two ......

S&P Global cuts India's growth forecasts, trims EM overall

Economy

29 June, 2021

S&P Global cuts India's growth forecasts, trims EM overall

S&P Global cut its growth forecasts for some of Asia's top economies including India, the Philippines and Malaysia on Monday, ......

Rating firm S&P Global says India's corporate tax cuts are 'credit negative'

Economy

20 September, 2019

Rating firm S&P Global says India's corporate tax cuts are 'credit negative'

Rating firm S&P Global said on Friday India’s move to cut corporate tax rates was a “credit negative development” despite ......

Govt gives companies $20.5 bn tax break in bid to revive growth

Economy

20 September, 2019

Govt gives companies $20.5 bn tax break in bid to revive growth

The Indian government on Friday slashed corporate taxes in a bid to pump up the flagging fortunes of the economy, ......