Credit conditions likely to weaken for most Indian non-financial companies in 2020: Moody’s

credit conditions likely to weaken for most indian non financial companies in 2020 moodys

Amid sluggish economic growth and slowing earnings, global rating agency, Moody’s Investors Service in its latest report has said that credit conditions will weaken for most Indian non-financial companies in 2020. Upside factors for Moody’s outlook on India’s non-financial companies include a ramp up of government’s stimulus measures aimed at reviving consumption demand, and better … Read more

Govt seeks Parliament’s approval to spend additional Rs 21,246 crore in FY20

govt seeks parliaments approval to spend additional rs 21246 crore in fy20

The government has sought Parliament approval for additional spending of Rs 21,246.16 crore in the current fiscal ending March 2020. Finance Minister Nirmala Sitharaman has tabled the first batch of Supplementary Demands for Grants for the financial year 2019-20 in both the Houses of Parliament saying of the total spend, cash outgo will be about … Read more

BSE, NSE come out with framework for listing of commercial papers

hcl technologies trades higher on the bse

Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) have come out with a framework for listing of commercial papers, a move aimed at broadening investors’ participation in such securities. Issuers can now apply for listing of commercial papers (CPs) issued on or after November 27, 2019. This comes after the Securities and … Read more

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