Rating analyses by global agencies, like Fitch, S&P & Moody’s, have faced flak for opacity of methods, over-reliance on perception. The space often witnesses ‘convergence’ of methodologies.
CARE Ratings data show impact of Covid fear on consumption, reduction in discretionary spends, a drop in demand from hotel, tourism & aviation industries led to a production slump.
The IL&FS incident has prompted the regulator Securities & Exchange Board of India to tighten rules for rating firms to restore investor faith in the system.
Nick Jonas is not trying to modernise the mangalsutra, but his gesture shows that choices can be equal. If commitment must be flaunted, it need not be gendered.
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