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Finance minister bets big on disinvestment

 Finance Minister Arun Jaitley set the target for capital receipts from disinvestments for the current financial year to Rs 58,425 crore (Rs 584.25 billion).   This is 12.5 per cent higher......

More bad news: Fitch threatens to cut India's rating

 Stating that the space to contain expenditure is very limited in the second half of the fiscal, global ratings agency Fitch on Monday said the fiscal numbers ‘look weak’ and warned of a......

Japan's risks rise along with its debt levels

 Fitch Ratings will not change its sovereign rating on Japan based on promises made by the ruling Liberal Democratic Party ahead of its election victory last month, a Fitch official said on......

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