MNCs Lift Citi Bottom Line
Citibank India, a banker to 30% of Indian MNCs, does well on most parameters, including profitability.
Citibank India, a banker to 30% of Indian MNCs, does well on most parameters, including profitability.
With youngsters latching on to the consumption bandwagon, their finances are increasingly under pressure.
Budget 2023 is credit positive for renewable energy companies, cement and steel producers, oil marketing companies and automakers, says Moody's.
The agency says it will be looking at any major changes to Adani group entities’ access to financing or cost of financing on a long-term basis.
Elevated commodity prices will keep spending on food and fuel subsidies high for economies like India, says Moody's Investors Service.
The market regulator says the credit rating agency shall not take any new clients and intimate its existing clients about closure of its operations.
Instances of rating upgrades by ICRA were over three times that of downgrades in H1 FY23
The stock of the realty company has gained 125% over the past one year and traded 117% above its IPO issue price of ₹486 per share.
Moody's lowered Russia's credit rating by six notches to ‘B3’ from ‘Baa3’, while Fitch downgraded to 'B' from 'BBB' amid rising macro-financial stability risks in wake of international sanctions.
India to be one of the fastest-growing economies, will facilitate as much needed, says finance minister Nirmala Sitharaman.