Wednesday, Nov 29, 2023

S P Global

Government’s Hindustan Zinc Stake Sale Only After Clarity On Proposed Global Asset Transfer; Unlikely This Fiscal

So far in the current fiscal, the government has mopped up Rs 31,107 crore from stake sales in CPSEs. It was planning to sell its 29.54 per cent in HZL to meet the revised target

12 March 2023

India's Manufacturing PMI Hits 3-Month High In November Amid Expansion In Production

The November PMI data pointed to an improvement in overall operating conditions for the 17th straight month. In PMI parlance, a print above 50 means expansion while a score below 50 indicates contraction

01 December 2022

S&P Affirms 'BBB-' Rating On ICICI Bank On Improved Asset Quality

This is despite an uneven economic recovery in India and macroeconomic challenges

27 June 2022

Government Opposes Vedanta Move To Sell Zinc Assets To Hindustan Zinc

The government has threatened to take legal action to stop the sale of the Africa-based assets to HZL, in which it holds a 29.54 per cent stake

20 February 2023

Manufacturing Activities Ease In September; Remain In Good Shape Amid Cooling Price Pressures: Survey

The PMI at 55.1 in September continued to be in expansion mode for the 15th consecutive month but was slightly lower than 56.2 recorded in August

03 October 2022

Why Global Ratings Agencies Are Revising India's GDP Forecast Downwards

Given the implications of larger global and domestic issues on India’s GDP, several ratings agencies have revised India’s growth outlook

10 June 2022

India's Services Sector Growth Hits 6-Month High On Strong Demand In December

The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from 56.4 in November to 58.5 in December, highlighting the strongest rate of expansion since mid-2022

04 January 2023