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S&P analysts say India s fiscal consolidation path key to ratings upgrade

S&P analysts say India s fiscal consolidation path key to ratings upgrade
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Yeefarn phuaGeeta chughKoustav dasReserve bank

Explained: Why Edelweiss Financial Services shares tumbled 17% in early trade

Edelweiss Financial Services' stock fell 17.36% to Rs 64 from the previous close of Rs 77.45 on the Bombay Stock Exchange. By 10:13 am, the stock was down 11.50% at Rs 68.55.

Koustav dasEdelweiss financial servicesEdelweiss asset reconstruction company limitedBombay stock exchangeEdelweiss financial serviceEdelweiss asset reconstruction companyReserve bankBombay stockAlternative investment fundsCentral repositoryLarge creditsKnow your customerFinancial yearBoard resolution

Will AI integration lead to layoffs at Infosys? CEO Salil Parekh answers

Salil Parekh said Infosys will continue hiring and developing expertise in generative AI to better serve global enterprises.

Koustav dasSalil parekh

Explained: Why Coachin Shipyard shares hit record high today

Cochin Shipyard shares jumped 9.89% in early trade, hitting a record high of Rs 2,100 on the Bombay Stock Exchange (BSE), up from the previous close of Rs 1910.95.

Koustav dasCochin shipyardBombay stock exchange

Reducing fiscal deficit to positively impact India s ratings, says Fitch

In its post-election budget, the government could either opt to keep the current deficit target for FY25 or opt to offset upside spending surprises or lower-than-budgeted revenue, for example from divestment, Fitch said.

Koustav dasFitch ratingsReserve bank

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