Latest Updates Around The World
Mumbai: The credit profile of India Inc improved in the first half of FY26, with assessment upgrades that continue to exceed downgrades between agencies. The improvement of the credit profile was driven by resilient domestic demand and driven infrastructure expenditure by GOVT, which means that the resistance is compensated by escalating American rates.Credit assessment authorities, […]
Indian shares remain stuck in a consolidation phase, but the next part of the growth could be activated by festive consumption, retailings and a rebound in company profits, said Sushant Bhansali, CEO of Ambit Asset Management, in an interaction with ET NOW. Bhansali noted that the current phase of Sideways Movement lasted almost a year […]
Nomura has repeated his bullish attitude towards the steel sector of India, with reference to a strong domestic demand and supporting global signals and called JSW Steel and Jindal Steel as top choices. The Brokerage increased its target price on JSW Steel to RS 1,300 from RS 1,220 and on Jindal Steel to RS 1,150 […]
Nation Growth Concept, Green Up Arrows – Businessman Holding Card of India Flag | Photocredit: Natanaelginting With a higher than expected growth in the quarter of April-June, Fitch Rating has increased India’s economic growth forecast by 40 basic points to 6.9 percent. The agency also expects the GST rate to reduce the consumption modestly. “The […]
