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Rupee hits one-week low on S&P rating warning

The rupee fell to a near one-week low on Monday after Standard & Poor's warned the country may be the first to lose its investment-grade rating among BRIC nations, adding to worries about India's fisc

Pranab rejects S&P report

Finance Minister Pranab Mukherjee on Monday rejected Standard and Poor's report that India could be the first BRIC country to falter and said there will be a turnaround in growth prospects in the comi

What do ratings, outlook downgrades mean?

Ratings agency Standard & Poor's on Wednesday cut its outlook on India to ‘negative’ from ‘stable’. What does it mean?

Outlook indicates potential direction of ratings in short to medium term, typica

S&P cuts India outlook to negative; markets hit

Ratings agency Standard & Poor's on Wednesday cut India's outlook to negative from stable, citing its large fiscal deficit and expectations of only modest progress on reforms given political constrain

S&P cuts Greece to 'selective default'

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Ratings firm Standard & Poor's on Monday cut the credit rating of Greece to ‘selective default’ after banks agreed to write off more than half of their Greek debt holdings in a second EU bailout of th

S&P downgrades 34 Italian banks

Standard & Poor's rating agency has downgraded 34 Italian banks.

The banks whose ratings were cut included the country's biggest bank Unicredit, which was downgraded from A to BBB+ with a negative ou

S&P downgrades France, eight other euro zone nations

Standard & Poor's carried out a mass downgrade of euro zone countries on Friday, stripping France and Austria of their top-grade AAA ratings in a move that may complicate efforts to solve a two-year o

S&P's full statement on France downgrade

Standard & Poor's is lowering its unsolicited long-term sovereign credit rating on the Republic of France to 'AA+'. At the same time, we are affirming our unsolicited short-term sovereign credit ratin

Standard & Poor's says mistakenly announced French downgrade

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Ratings agency Standard and Poor's said Thursday that it had mistakenly announced to some clients a downgrade of France's top 'AAA' credit rating, amid speculation of just such a move.

"As a result o

S&P president steps down after US ratings downgrade

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Standard & Poor's president Deven Sharma is stepping down, its parent company announced Tuesday, just weeks after the credit rating agency cut the US sterling AAA rating and sent global markets into t

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.