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S&P Global to observe India’s fiscal glidepath for possible rating upgrade

S&P Global to observe India’s fiscal glidepath for possible rating upgrade

by AIP Online Bureau | May 31, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management

”Within the next 2 years we will be closely observing whether the government’s depiction of fiscal consolidation path will carry on… We will be observing for the next 1-2 years to see how this fiscal numbers will come to pass and if so, this will lead to a...
India to get rating support if it uses RBI dividend to reduce deficit: S&P

India to get rating support if it uses RBI dividend to reduce deficit: S&P

by AIP Online Bureau | May 23, 2024 | Eco/Invest/Demography, Indian News, Policy

“The additional dividends from the RBI are around 0.35 per cent of GDP. Whether it would support the narrowing of the fiscal deficit in fiscal 2024-25 would really depend on the final budget that would be passed after the June election results,” said...

CRISIL subsidiary gets SEBI nod to offer ESG ratings

by AIP Online Bureau | Apr 25, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

Gurpreet Chhatwal, Managing Director, CRISIL Ratings, “The ESG scores, which will henceforth be called ‘ESG ratings’, have already found traction among market participants. These are based on a unique India specific framework that factors in nuances at the sectoral...
Govt announces car safety rating to cut accident rate

Govt announces car safety rating to cut accident rate

by AIP Online Bureau | Aug 23, 2023 | Indian News, Non-Life, Policy, Risk Management, Technology

Under the new system, cars will be assigned a rating of one to five stars based on crash tests and other safety parameters, to help buyers make an informed decision and encourage car makers to upgrade their safety standards.The move is also expected to bring cars in...
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