Moody's confirms France's triple-A credit rating
Moody's on Monday confirmed France's triple-A credit rating but said it was still reviewing whether it would maintain its 'stable' outlook for the debt-laden country.
The announcement came three days
S&P president steps down after US ratings downgrade
Standard & Poor's president Deven Sharma is stepping down, its parent company announced Tuesday, just weeks after the credit rating agency cut the US sterling AAA rating and sent global markets into t
S&P says France will maintain top rating
Standard & Poor's is confident France will maintain its top AAA credit rating, the agency's European chief said today, amid rumours of a possible downgrade amid intensifying eurozone debt strains.
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Americans give thumbs down to Washington
Barely one in four Americans feels confident that the Obama government can fix America's economic problems with a large majority agreeing that the policymaking process in Washington is unstable and i
Govt may lower disinvestment target for current fiscal
The government today indicated it may lower the Rs 40,000 crore disinvestment target for the current fiscal in view of the recent bloodbath in the stock markets on account of global uncertainty.
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Stocks make partial recovery, Sensex still down 140 pts
After an over 500-point plunge within minutes of opening today, the stock market recouped more than half of its losses by mid-day as some investors saw buying opportunities in the meltdown triggere
India better prepared, fundamentals strong: Pranab
India is in a better position than other countries to manage the impact of an uncertain global economic situation following the developments in the United States and the euro zone, the finance ministe
Govt may lower disinvestment target for current fiscal
The government today indicated it may lower the Rs 40,000 crore disinvestment target for the current fiscal in view of the recent bloodbath in the stock markets on account of global uncertainty.
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US crisis: Indian stocks suffer, Sensex drops 500 pts
Indian stocks plunged deep into the red this morning as the Sensex lost more than 500 points within minutes of the market opening on concerns over the US losing its top-notch credit rating due to mounting debts.
Sensex drops below 17K after historic US rating downgrade
A downgrade of US government debt sent equity shares tumbling in early trade today, with the BSE benchmark Sensex and the 50-unit S&P CNX Nifty hitting their lowest levels in nearly 14 months.
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