Economic TimesLean R·
Rating upgrades moderate in H1 as India Inc faces multiple headwinds
The number of rating upgrades has come down in the fi rst half of the fi nancial year as compared with the numbers in the year ago period as companies are facing multiple headwinds in the form of West Asia confl ict, rising crude oil prices, higher input cost and the evolution of US tariff measures.Number of downgrades is also lower but this typically does not refl ect where issuers do not cooperate with any adverse rating.134601718Despite moderation in rating activity, rating fi rms said India…
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