scorecardresearch
Friday, September 5, 2025
TopicS&P Global Ratings

Topic: S&P Global Ratings

The global sovereign ratings space needs revamp. Indian agency’s entry a welcome change

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.

S&P declares India rating at lowest investment grade for 14th year in row

India's strong external settings will act as a buffer against financial strains despite increased government funding needs in next 24 months, S&P Global Ratings stated.

S&P raises India’s GDP forecast to (-) 7.7% for FY21

The US-based rating agency said rising demand and falling infection rates in India have led to revision of the real GDP growth from the negative 9% growth previously.

Indian banking system will be among last to recover due to NPA overhang, S&P says

The rating agency says India, Mexico, and South Africa are among the banking systems that will be slower to recover to 2019 levels — likely beyond 2023.

S&P slashes India’s growth forecast to -9% from previous estimate of -5% in FY 2021

The global ratings body said rising Covid cases in India will keep private spending and investment lower for longer.

Sinking rupee is hurting Indian firms that haven’t hedged their foreign debt

As rupee slides, unhedged firms that swapped overseas debt into local currency and don’t have foreign-currency revenues face higher repayment costs.

On Camera

Vijay is winning nickname war in Tamil Nadu. He’s attacking Brand Stalin with ‘uncle’ taunt

If Stalin ignores the taunt, it spreads unchecked. If he responds, he legitimises Vijay. Either way, the Tamil Nadu politics binary bends.

GST 2.0: India streamlines indirect tax regime amid Trump tariffs & what it means for consumers

Goods and Services Tax Council paves way for a broad two-slab structure of 5% and 18% with a demerit rate of 40% for super luxury and 'sin' goods.

Trump to sign executive order to rebrand Pentagon, reviving historic ‘Department of War’ name

New Delhi: US President Donald Trump is set to sign an executive order Friday renaming the Department of Defence the ‘Department of War’, in...

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.