Browsing Tag

downgrades

Fitch Downgrades U.S. Credit Rating

The long-term credit rating of the United States was downgraded on Tuesday by the Fitch Ratings agency, which said the nation’s high and growing debt burden and penchant for brinkmanship over America’s authority to borrow money had eroded…

Crisil downgrades Vedanta citing dividend outflows

Mumbai: Crisil Ratings on Wednesday downgraded the outlook for Vedanta to 'negative' from 'stable' earlier as higher cash outflow from the company in the form of dividends is seen to negatively impact the financial leverage and flexibility…