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.
Digital sovereignty cannot stop at government cloud systems. It must extend to the networking, CDN, AI, and security layers permeating the entire economy.
While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
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