Moody’s downgrade of the U.S. credit rating unfolds without panic, but marks a quiet shift in global fiscal confidence; for India, this moment mirrors deeper fiscal vulnerabilities and calls for urgent reflection, restraint, and financial discipline
Planters, farmers hold some 22.84 lakh tonnes and Govt agencies another 16 lakh tonnes
Varrier highlighted that in the last 20 years, India’s GDP has only grown on the back of technology, and the adoption of the internet
In a meeting between Indian Foreign Secretary and Chinese Vice Foreign Minister, the two sides agreed to facilitate visas, exchanges between media, think-tanks
Aimed at providing retail financing solutions for new cars, used cars, and commercial vehicles, this collaboration will help enhance the accessibility and affordability of Maruti Suzuki vehicles for a broader range of customers, a state ...more
In 2023, India added around USD 58 billion to its forex reserves, in contrast to a cumulative decline of USD 71 billion in 2022.
The purchase sale agreement was renewed on February 7, 2022, as per an older Annual Report of IREL
Moody's Ratings has upgraded Yes Bank's long-term deposit ratings to Ba2, driven by improvements in the bank's credit profile, including capital adequacy and loan loss reserves. The agency also raised Yes Bank’s Baseline Credit Assess ...more
Launches of new electric two-wheelers are likely to be postponed towards the end of FY26, say industry circles
US stocks plummeted at the opening bell on Friday following reports of Israeli airstrikes on Iran, escalating Middle East tensions. The Dow Jones Industrial Average sank over 570 points, with the S&P 500 and Nasdaq also declining. Surgi ...more
Ongoing tensions between Iran and Israel may also affect air travel companies
If the Strait of Hormuz is blocked, supplies would have to be routed via the Cape of Good Hope, which would extend the delivery time by two weeks and raise shipping rates
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