Topic: credit ratings
Why Covid crisis must push credit rating firms to overhaul their methods and address bias
With agencies sticking to their methodology in these times, an emerging economy rating and outlook appear to be worse regardless of whether its government is fiscally prudent or not.
Credit ratings of Indian companies are getting downgraded like never before
For every upgrade of rupee debt of Indian firms since 1 April there have been about 11 downgrades, leaving this quarter set to be worst on record if sustained.
More bad news for Indian economy as Moody’s cuts credit ratings outlook to negative
The Moody’s downgrade puts additional pressure on Modi govt to kickstart the economy, although it has limited room to move.
On Camera
YourTurn
Hard-nosed, practical—why India has revived relations with Kabul, and why Taliban is welcoming
By protecting the Indian embassy in Kabul for the last ten months, the Taliban is sending a message to its neighbours and the rest of the world.
Central banks in Asia spend billions to bolster weakening currencies against rising US dollar
Learning from the 1997 Asian financial crisis, central banks have been accumulating dollars to help defend their currencies during periods of wild market swings.
Defence
Almost 4,000 enrol for IAF’s Agnipath recruitment scheme on day 1 of online registrations
These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.
With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again
Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.