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.
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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