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News i read on 12th June
access_time 2020-06-12T02:42:05.588Z face Kundan Kishore
News i read on 12th June 1) India's fundamentals demand a much better rating, said Chief Economic Advisor after Moody's downgraded the country's rating and S&P retained it at the lowest investment grade. Ref:Business Standard 2) The Supreme Court on Thursday directed the telecom companies, to finali...
News I read on 11th June
access_time 2020-06-11T02:10:23.587Z face Kundan Kishore
News, I read on 11th June 1) The Standard & Poor's (S&P) has retained India's ratings at the lowest investment grade and outlook as stable. Ref:Livemint 2) Securities and Exchange Board of India (SEBI) has given unlisted non-convertible debentures (NCDs), where mutual fund are investors, a one-time ...
News i read on 10th June
access_time 2020-06-10T01:26:40.193Z face Kundan Kishore
News, I read on 10th June 1) India's sovereign rating downgrade has created six "fallen angels", or companies in the non-financial sector whose ratings have dipped to just one notch away from being considered junk - Moody's Ref:Business Standard 2) The ratio of central taxes -to-GDP slid further in ...
News i read on 9th June
access_time 2020-06-09T02:12:54.446Z face Kundan Kishore
News, I read on 9th June 1) Bank credit growth may fall to a multi-decade low of 0-1 per cent in FY21 from six per cent in FY20 due to the economic disruption caused by covid-19, rating agency Crisil Ref:Business Standard 2) The Reserve Bank of India on Monday proposed major changes in secularizatio...
News, News, I read on 8th June
access_time 2020-06-08T05:01:01.933Z face Kundan Kishore
News, I read on 8th June. 1) The Finance Ministry on June 7 announced that public sector banks have disbursed Rs 8,320 crore till June 5 under the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme. Ref: Money Control 2) Foreign portfolio investors have pumped in a massive Rs 18,589 crore into t...