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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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India
Yeefarn-phua
Geeta-chugh
Koustav-das
Reuters
Reserve-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.

India
Bombay
Maharashtra
Koustav-das
Edelweiss-financial-services
Edelweiss-asset-reconstruction-company-limited
Bombay-stock-exchange
Edelweiss-financial-service
Edelweiss-asset-reconstruction-company
Reserve-bank
Bombay-stock
Alternative-investment-funds

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-das
Salil-parekh
Infosys

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.

Bombay
Maharashtra
India
Cochin
Kerala
Koustav-das
Cochin-shipyard
Bombay-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.

India
Koustav-das
Fitch-ratings
Reserve-bank

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