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  Fitch retains India's FY2024 growth forecast at 6.3%, raises year-end inflation projection

  Business | September 14, 2023 21:54 IST

  India's economy experienced robust growth of 7.8% in the April-June quarter of the current fiscal year, driven by strong activity in the services sector and robust demand.

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  IL&FS case: Rating agencies faked IFIN ratings to dupe investors

  Business | June 13, 2019 9:04 IST

  The document shows that several investors who subscribed to the IL&FS' financial arm's NCDs and commercial papers, attributed their decision to invest on the high ratings accorded by the rating agencies.

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  Moody's upgrades India's rating outlook to positive

  April 09, 2015 14:35 IST

  New Delhi: Rating agency Moody's today changed India's outlook to positive from stable, saying that the government is taking steps to improve economic strength and stressed that a rating upgrade could follow in about 12-18

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  Pharma sector to continue growth in double digits: Moody's

  August 25, 2014 16:25 IST

  Mumbai: The Indian pharmaceutical market will continue to grow in the double digits, representing a better growth opportunity than many other geographic markets, Moody's Investors Service says.However, drug companies in the country could face higher

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  RIL's investment in RJio in 2 yrs is a credit negative: Moody's

  June 23, 2014 16:31 IST

  New Delhi: Reliance Industries ltd is expected to invest Rs 30,000 crore, of the total Rs 70,000 crore announced, in its telecom arm Reliance Jio Infocomm over the next two years, credit rating firm Moody's

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  Rating agency Care wants curbs on iron ore fines export

  March 03, 2014 19:45 IST

  Mumbai:  Advocating curbs on exports of iron ore fines, the rating agency Care today said the domestic reserves are likely to last only 28 years if export continues.  “Assuming the ongoing expansion in steel capacity,

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  Cap On Bank Exposure In Liquid MFs Will Curb Volatility, Says Crisil

  June 21, 2011 21:13 IST

  Mumbai, Jun 21 : The recent Reserve Bank directive to banks to cap their investments in liquid mutual fund schemes at 10 percent is positive for the asset management industry, as it can help fund