The number of rating upgrades has come down in the fi rst half of the fi nancial year as compared with the numbers in the year ago period as companies are facing multiple headwinds in the form of West Asia confl ict, rising crude oil prices, higher input cost and the evolution of US tariff measures.
Number of downgrades is also lower but this typically does not refl ect where issuers do not cooperate with any adverse rating.
ET Bureau
Despite moderation in rating activity, rating fi rms said India Inc’s credit profi le remains resilient, supported by stronger balance sheets, lower leverage and liquidity buffers, rating companies said. They expect corporates to absorb up to 50 basis points rate hike without much of a problem.
Public Provident Fund (PPF) is a long-term savings scheme with a 15-year lock-in period and attractive features such as tax advantages on investments, interest earnings, maturity proceeds, and a decent interest rate of 7.1% per annum. However, account holders are required to make at least one contribution every financial year to keep the account active….
99.97% haircut? How the scissors worked in the Subhash Chandra case NCLT has approved a resolution plan allowing Zee founder Subhash Chandra to pay about ₹6.5 crore against ₹22,006.57 crore in admitted claims in insolvency case. The 99.97% haircut has sparked controversy, but the claims relate to his role as a personal guarantor, not personal…
The rise of easily available loan credit lines has made EMIs an integral part of household finances across the country. Starting from homes, cars, gadgets, along with other critical lifestyle products and services, borrowers are increasingly adopting EMIs in order to ensure seamless purchases and a pleasant experience of availing a facility, service or a…
With the deadline to file income tax returns for FY 2025-26 ending on 31 July, many salaried taxpayers may not have received Form 16 from their employers. In some cases, the delay is because they switched jobs during the financial year. However, the absence of Form 16 should not stop taxpayers from filing their returns….
Companies in India are looking for talent outside the country to fuel growth, with 77% of firms surveyed by Deel stating that they plan to increase global hiring over the next 12-18 months. It noted that Indian companies are willing to pay more for the right talent from higher-income economies. The report found there is…
The Central Secretariat Service (CSS) Forum, in a statement said it hopes the 8th central pay commission (CPC) would consider enhancing the contribution and sum assured under the Central Government Employees Group Insurance Scheme (CGEIS), PTI reported on Saturday. The forum, an association of CSS officers, felt increased limits would be keeping in view present-day…
ET Bureau
