S&P affirms India’s sovereign rating; outlook stable – Times of India

[ad_1] NEW DELHI: S&P Global Ratings on Thursday affirmed India’s sovereign rating at ‘BBB-‘ with a stable outlook and said sound economic fundamentals will underpin growth over the next 2-3 years. The stable outlook on the long-term rating reflects S&P’s view that India’s strong economy and healthy revenue growth will support its weak fiscal settings. … Read more

Markets settle flat; Sensex down 2.92 points to 61,761.33; Nifty up 1.55 points to 18,265.95 – Times of India

[ad_1] BENGALURU: Indian shares were little changed on Tuesday, after financials sparked a sharp rise in the previous session, amid a rush of corporate earnings and ahead of key macroeconomic data.The Nifty 50 closed 0.01% higher at 18,265.95, while the S&P BSE Sensex shed 3 points to end at 61,761.33. Both the indexes had risen … Read more