Economy

US credit rating downgrade: What does the loss of AAA rating mean?

Fitch downgrades US credit rating, but impact is likely to be symbolic and have little immediate consequence.

‘India is arguably at start of a long wave boom’: 10 things Morgan Stanley said about India

Morgan Stanley upgrades India to overweight rating, citing positive outlook for capital expenditure and profits.

Why did Morgan Stanley upgrade India? Will it mean more foreign inflows for the Indian stock market?

Morgan Stanley upgrades India to 'overweight', downgrades China; cites favorable valuations and strong growth outlook.

India’s services PMI growth at 13-year high of 62.3 in July

S&P Global's India services purchasing managers’ index rose to 62.3 in July, its highest index since June 2010. The services PMI increased from 58.5 in June and remained above the 50-mark that separates growth from expansion for two years.

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