Tag: S&P Global Ratings

S&P retains India’s GDP growth forecast at 6.5% on strong domestic demand

September 23, 2025 admin

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto S&P Global Ratings on Tuesday (September 23, 2025) retained India’s GDP growth forecast at 6.5% in the current fiscal, citing strong domestic demand amid a largely benign monsoon. S&P also said it expects a 25 bps rate cut by the RBI this fiscal as…

Business

S&P cuts India’s GDP growth forecast for FY26, FY27

November 25, 2024 admin

Image used for representative purpose only | Photo Credit: Getty Images/iStockphoto S&P Global Ratings on Monday (November 25, 2024) revised down its estimate for India’s economic growth in the next two financial years as high interest rate and lower fiscal impulse temper urban demand. In an update to its economic forecast for Asia-Pacific economies after…

Business

Indian conglomerates to spend $800 billion in new projects in 10 years: S&P Global Ratings’ report

October 14, 2024 admin

Indian conglomerates to spend 0 billion in new projects in 10 years: S&P Global Ratings’ report

S&P Global Ratings in a report said the business groups such as Birla, Mahindra, Hinduja, Hero, ITC, Bajaj and the Murugappa groups have a record of conservative growth. File | Photo Credit: Photo: Twitter/@SPGlobalRatings “India’s large business groups will spend about $800 billion on growth over the next 10 years, almost triple of what they spent…

Business

S&P to watch government policies for next 2 years before taking call on India’s rating upgrade

May 31, 2024 admin

The S&P Global logo is displayed on its offices in the financial district in New York City, U.S. File | Photo Credit: Reuters S&P Global Ratings on Friday said it will watch the fiscal numbers for the next 1-2 years, besides pro-growth policies of the new government, before deciding on India’s sovereign rating upgrade. S&P,…

Business