
Tata Steel rating upgraded to investment grade by Moody's
The credit rating agency also changed the company's outlook to 'stable' from 'positive'.
The credit rating agency also changed the company's outlook to 'stable' from 'positive'.
The net debt of automotive division fell to ₹41,700 crore in June from ₹43,700 crore in March.
Government meets fiscal deficit target but falling GDP growth puts a question mark over finances.
The Adani group's gross debt stood at ₹2.26 lakh crore ($27.7 billion) at the end of September 2022.
India's sovereign external debt is entirely from official sources, which insulates it from volatility in the international capital markets, says Economic Survey 2022-23.
Modinomics is full of high debt, inflation, unemployment and inequality, says the Congress.
Elevated commodity prices will keep spending on food and fuel subsidies high for economies like India, says Moody's Investors Service.
Absolute returns generated by the asset class have been far better than equities and debt. Superior returns for precious metals are largely due to a weak rupee.
India has moderately high debt and deficit levels, but the imperatives to push demand, correct K-shaped distortions and global experiences far outweigh the need for fiscal consolidation.
Finance minister Nirmala Sitharaman says the outstanding debt of the central government has been coming down since 2013-14 till the country was hit by Covid-19.