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S&P affirms India’s ‘BBB-’ rating, projects 10% GDP growth in FY22

Posted on : Sep 25, 2020

"The stable outlook reflects our view that India's contraction in fiscal 2021 will be followed by a significant recovery, which will stabilise the country's broader credit profile," said S & P

Faceless I-T appeal system kicks off today, leaves out fraud and evasion

Posted on : Sep 25, 2020

FinMIn says will benefit both assessees and I-T department, critics say personal hearing required in complex cases

S&P affirms India’s ‘BBB-’ rating; says space for fiscal stimulus limited

Posted on : Sep 25, 2020

S&P affirmed its rating on India's long-term foreign and local currency sovereign credit at the lowest investment-grade level and retained its stable outlook on the economy

RBI devolves 10-yr bond auction for fourth time, underwriters step in

Posted on : Sep 25, 2020

Bond dealers say the central bank has singled out the 10-year bonds as marquee rate setting bonds and is trying to put out a forceful rate signal

S&P affirms India’s BBB-minus/A-3 rating with stable outlook, pegs FY22 GDP growth at 10%

Posted on : Sep 25, 2020

“The stable outlook reflects our view that India's contraction in fiscal 2021 will be followed by a significant recovery, which will stabilize the country's broader credit profile,” S&P said. The outlook was underpinned by India’s above-average long-term real GDP growth, sound external profile, and policy stability, it said.