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The argument put forward by the leaders of the BJP and others was that India did not depend on exports for its economic growth, and that the huge domestic market and the consumption it entailed was good enough to keep the economy in shape and the global developments were marginal. (Representational image)

Downgrades rise for firms in H1: Raters

Declining profitability and stretch in working capital cycles also were reasons for the downgrades.

2 Oct 2019 1:57 AM IST

Reliance Infrastructure a subsidiary of Anil Ambanis Reliance Group. (Photo: File/PTI)

Agencies begin relook at Reliance Infra ratings on debt reduction...

Within weeks of facing multiple downgrades, Reliance Infra has begun to see positive rating actions by agencies.

2 Sept 2018 4:19 PM IST

Union Economic Affairs Secretary Shaktikanta Das (Photo: PTI)

Rating agencies far from India's ground realities: Das

India believes it compares favourably with other emerging countries on metrics such as default risk.

6 May 2017 2:21 PM IST

Prime Minister Narendra Modi (left) with Chinese President Xi Jinping (Photo: AP/File)

India will soon become China 2.0: Think tank

Institute says world's second largest economy should develop effective counter growth strategy.

11 May 2017 3:27 PM IST