This is India's first rating upgrade since 2004, when it was upgraded to Baa3 from Ba1. Standard and Poor's, which still assigns the lowest investment grade to India with a stable outlook, said India needed to address its weak fiscal position, indicating upgrades would take time.
In a significant boost to the Modi government's reform agenda, which has faced flak in recent weeks following a growth slowdown, Moody's Investors Service cited these very measures to upgrade India's sovereign rating a notch and changed the outlook to positive from stable. In addition, it has changed to stable from positive the ratings outlook for IRFC; EXIM India and its London branch; HDFC Bank, its Bahrain and Hong Kong branches; as well as SBI and its Hong Kong, London, and Nassau branches.
Finance Minister Arun Jaitley called the upgrade "a belated recognition of all the positive steps which have been taken in India in the last few years".
Moody's Investors Service on Friday upped the long-term ratings of four Indian financial institutions including SBI and HDFC Bank by a notch to Baa2 following the upgrade of the country's sovereign rating to the same level. The Sensex rose 235.98 points to close at 33,342.80, even after paring initial gains.
Stating that reforms will foster sustainable growth prospects, the US-based agency said the government is mid-way through a wide-ranging programme of economic and institutional reforms. While upgrading the rating, Moody's cited reforms like the recently- introduced GST, improvements to the monetary policy framework, measures to clean up non-performing loans and efforts to bring more areas into the formal economy.
It adds that the recipient can easily access the deleted messages regardless whether it has been deleted from sender's end. The Notification History application, as the name suggests, is a dashboard for all notifications that come to your phone.
Jones contends that another vote of the owners is needed. "I think we have enough messes as it stands now", the owner said. Jones' lawyer didn't immediately respond to a request for comment late Wednesday. "There is no legitimate basis for Mr.
Orlando is the No. 1 Thanksgiving destination, followed by Anaheim, California, New York City, Honolulu and Las Vegas. This would despite the fact that gas prices are the highest since Thanksgiving 2014.
On November 16th, between 8PM and 10PM Eastern, SpaceX is sending a secret payload called "Zuma" beyond our atmosphere. Elon Musk's SpaceX is set to launch yet another satellite, but details surrounding the launch remain a mystery.
Meredith had offered as much as $2 billion at the time before lowering its bid, people familiar with the matter said at the time . Time was up over 25 percent in afternoon trading at $15.93, while Meredith was up over 9 percent at $59.45.
Whole Foods will sell organic turkeys for $3.49 per pound, while non-antibiotic turkeys will fetch for $2.49 per pound. But Prime members will pay even less - they'll only be charged $2.99 per pound and $1.99 per pound, respectively.
He argued that there is little evidence that so-called hunting regulations have a positive impact on conservation efforts. According to the United Nations, as many as 100,000 African elephants were killed between 2010 and 2012.
As writes the European press, the representatives of Aston Martin, has posted the first images of Aston Martin AMR Pro Valkyrie. When the vehicle debuts in 2020, all owners will be invited to special track events set up just for the model.
Ellen suggested that she'd put on her own Kardashian disguise so that people only pay attention to her and ignore Kim K. This wasn't the first time that Kardashian has refused to answer a question concerning her sisters' pregnancies.
Rubio became aware of Trump's recent water incident at the podium, and tweeted his analysis of the president's performance. You just can't help wondering if every single thing or gesture conducted by Donald Trump it's just a bad joke...
But while an apology may have been good enough to People , it didn't cut it for a lot of social media wags. He also big-ups his son Sire, saying "He's the most important person in my life".
Jose Mourinho plotting shock move for David Luiz
Charly Musonda (knee) is also absent, while Victor Moses is nearing a return to training following his hamstring problem. Now Luiz faces a battle with Christensen for a spot in tomorrow's league fixture at West Bromwich Albion .
Want to live longer? Get a dog!
Dog owners were more likely to be younger than non-owners, Fall and colleagues wrote, and were more likely to live in rural areas. Cardiovascular disease causes more than a quarter (26 per cent) of all deaths in the United Kingdom 160,000 each year.
Driven By China, Global Carbon Emissions Rise in 2017
The unexpected spike would end a three-year period in which emissions remained flat despite a growing global economy. China, the top greenhouse gas emitter ahead of the United States, accounts for nearly 30 percent of world emissions.