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CREDIT RATING IMPASSE
US Fed set to hold rates steady again on cost hikes from Mideast warThe US central bank is widely expected to keep interest rates unchanged at its policy meeting next week, as energy prices stay high and sup...- US Fed set to hold rates steady again on cost hikes from Mideast warThe US central bank is widely expected to keep interest rates unchanged at its policy meeting next week, as energy prices stay high and sup...
- India's Q2 GDP growth may slow down to 6.5%; FY25 growth seen closer to 7%: SBISBI economists predict a dip in India's GDP growth to 6.5% for the September quarter, citing temporary pressures on the domestic economy. D...
- Can a collaborative approach break the credit rating impasse?The GSDR report sheds light on ongoing discussions with Credit Rating Agencies (CRAs) regarding their approach to various debt restructurin...
- In cash-strapped Pakistan, first challenge before the new government is to select the finance ministerPakistan's political impasse may end with a coalition government, but economic worries persist over the finance minister appointment. The P...
- Why a US debt deal may only provide short-term relief for marketsThe tentative deal between President Biden and Kevin McCarthy to raise the US debt ceiling may have negative consequences for financial mar...
- Fitch puts US rating on negative watch as debt deadline loomsFitch put the country's "AAA" rating, its highest rank, on a negative watch in a precursor to a possible downgrade should lawmakers fail to...
- Gold Price: Yellow metal may see volatility with slightly downward bias this weekSpot gold experienced a 1.7% weekly loss, closing at $1,977.80, due to shifting risk sentiments, sharp moves in yields, and reassessments o...
- Asian stocks mixed as traders await China dataAsian stocks had mixed results as traders awaited the release of China's trade data, signalling if the country is on its way towards econom...
- West Bengal FM Amit Mitra: Authoritarian and majoritarian approach taking over GST CouncilThe majoritarian approach was leading to an impasse in the Council, he said, giving instances of Council members not being informed of the ...
- Fed opens policy final 2020 meeting amid uncertain economyAt most, economists say officials in the policy-setting Federal Open Markets Committee (FOMC) could provide more information on potentially...
- WTO is close to solution, thanks to strong leadership in India: Nirmala SitharamanSitharaman said that developed countries were blaming India for the impasse at the WTO, but India convinced them about its legitimate deman...
- Asian sovereigns unlikely to be hit by US downgrade prospectsSovereign ratings of Asian economies are unlikely to be directly impacted by the prospects of a downgrade of the US credit rating, Fitch sa...
- Banks yet to cut debit card fee at fuel pumpsLast year, RBI asked banks to cap the charges on debit card transactions at 0.75% for transaction values up to Rs 2,000 and 1% for larger t...
- Centre must continue its dialogue with states to ensure faster GST rolloutWith the delay in the implementation of GST, the Centre refused to make further payouts and states threatened to derail GST.
- Axe looms on US rating, says Standard & Poor'sPolitical and fiscal risks may lead to another downgrade of the US's credit rating by 2014 by Standard & Poor's.
- Recession 2011: Perils of US credit downgradeIf other credit rating agencies downgrade US, it will wreak havoc all around.We could see massive selloff in global markets in Aug 2011.
- Standard & Poor's US downgrade a grave concern: Pranab Mukherjee"We will have to analyse it. It will require some time. Situation is grave and there is no gain in making off-the-cuff remarks," he said.
- GM next on bankruptcy road?GM is likely to end up in bankruptcy based on the Obama administration’s willingness to place Chrysler into court protection. 100 years of ...
- Rupee ends stronger at 41.08/09Rupee gained 24 paise to close at 41.08/09 against the US dollar on Tuesday.
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