credit rating

Last Updated: May 02, 2023, 04:00 ISTIn January, Yellen sent a letter to congressional leaders, stating that her department had begun resorting to “extraordinary measures” to avoid a federal government default. (Image: Janet…

Canadian investor Brookfield has agreed to invest $1 billion in Avaada Ventures in what will be its largest clean energy bet in the country. A formal agreement was signed recently between Brookfield and serial entrepreneur Vineet Mittal,…

The European Union's securities watchdog has fined S&P Global Ratings 1.1 million euros ($1.19 million) for publishing a number of credit scores before the relevant securities had been issued.The European Securities and Markets…

Last Updated: December 05, 2022, 11:17 ISTPersonal loans have typically lower interest rates than credit cards. You're accruing extra debt if you take out a personal loan to pay off your credit cards and then start using them again with a…

As a recent report by the Credit Literacy Index said that over 56.8 per cent of millennials actively monitored their credit score in FY22 vis-à-vis 48 per cent in FY21, Gen-Z and millennials have become all the more important for the Indian…

Amid significant bilateral trade volatility between Russia and nearly all other markets due to the war in Ukraine, India has emerged as a strong trade partner of Russia and is expected to remain so in 2023, according to a new S&P Global…

As the Reserve Bank of India (RBI) is raising its policy rates to control high inflation, banks are also following the suit and increasing interest rates on various loans. Borrowers are now looking for ways to get cheaper loans. One way for…

Unlike the first wave, businesses faced limited supply-side disruptions during the second wave of the pandemic as companies remained operational, adapting to the new normal, said experts. By Nasrin Sultana, Shayan Ghosh, Mumbai…

Travel restrictions and strict rules on visiting have open the flood gates for scammers to take their crimes to a whole new level.Criminals posing as dog breeders have stooped to a new low in the coronavirus pandemic, setting up dangerous…

S&P said the main risks were that it could threaten its hopes of securing a support programme with the International Monetary Fund, increase fiscal vulnerabilities and hurt banks by creating currency mismatches when they dish out…