Japan to downgrade COVID-19 classification on May 8

Jan 27, 2023

Prime Minister Fumio Kishida, along with health minister Kato Katsunobu and other Cabinet members in a meeting of the government's task force made the...

Faced with 'darkening' outlook, IMF set to downgrade global growth

Jul 14, 2022

New Delhi [India], July 14 : Faced with a "darkening" economic outlook, the International Monetary Fund (IMF) is set to further downgrade global growth...

Moody's places IndusInd bank credit assessment on review for downgrade

Mar 18, 2025

The bank has discovered a USD 175 million accounting discrepancy related to currency derivatives. Shares have dropped over 28 per cent since the Reserve...

Fitch Ratings readies ratings for Citibank's CCCIT Citiseries 2023-A1

Jan 08, 2024

According to Fitch Ratings, these transactions involve the securitization of receivables from a pool of revolving credit card accounts originated by Citibank, N.A. The...

S&P downgrades four Indian NBFCs on weakening economic conditions

Jun 27, 2020

Singapore, June 27 : S&P Global Ratings has downgraded ratings on four Indian finance companies on weak economic conditions due to Covid-19 and affirmed...

Cyclone 'Remal' weakens, further diminishment expected by evening: NDRF

May 27, 2024

The severe cyclonic storm 'Remal' has weakened since making landfall last night and is expected to downgrade into a deep depression by this evening,...