India’s credit market is going through challenging times. More and more downgrades are happening and it is making those like debt mutual fund investors jittery. ET Wealth online tells you all you need to know about credit rating downgrades.
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India’s credit market is going through challenging times. More and more downgrades are happening and it is making those like debt mutual fund investors jittery. ET Wealth online tells you all you need to know about credit rating downgrades.
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Moody's Investors Service has downgraded its outlook on India's ratings to 'negative' from 'stable', attributing increasing risks that the country's economic growth will remain lower than in the past. Government responded to the downgrading saying India continues to be among the fastest growing major economies in the world, India's relative standing remains unaffected.
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Sensex scaled a fresh record high of 40,392 on Thursday, exactly 100 sessions after it had hit this level on June 4, thanks to a rally in select index heavyweights. Amit Mudgill of ETMarkets.com digs deeper to tell you what's driving the market and if this rally is sustainable.
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The first and foremost task for the Mumbai Indians (MI) would be to get their psychological perspective in place, which is currently in utter shambles courtesy a string of defeats. Moreover, they lost most of their games after getting the opponents by the scruff of their necks. They will now face the Chennai Super Kings (CSK) who have been in thunderous form in this season of the Indian Premier League (IPL).
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Here is what you should do now that Rs 500 and Rs 1000 notes have been banned.
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