Moody’s downgrades U.S. credit rating to ‘negative’, draws Washington ire

Moody’s downgrades U.S. credit rating to ‘negative’, draws Washington ire

Moody’s on Friday lowered its outlook on the U.S. credit rating to “negative” from “stable” citing large fiscal deficits and a decline in debt affordability, a move that drew immediate criticism from President Joe Biden’s administration. The move follows a rating downgrade of the sovereign by another ratings agency, Fitch, this year, which came after … Read more

Morning Digest | 10 civilians dead, 22 army men still missing in Sikkim, rescue operations on; Media bodies write to CJI, call for norms on interrogation of journalists and more

Morning Digest | 10 civilians dead, 22 army men still missing in Sikkim, rescue operations on; Media bodies write to CJI, call for norms on interrogation of journalists and more

A flood affected locality at Singtam, in Gangtok district, Wednesday, October. 4, 2023. | Photo Credit: PTI 10 dead, 22 army men among 82 missing as flash flood wreaks havoc in Sikkim; PM Modi dials CM At least ten people died and 80 others, including 22 army personnel, went missing on Wednesday after a cloudburst … Read more

Morning Digest | Home Minister Amit Shah tells Lok Sabha that government is ready for discussion on Manipur; government approves 8.15% interest rate for PF deposits, and more

Morning Digest | Home Minister Amit Shah tells Lok Sabha that government is ready for discussion on Manipur; government approves 8.15% interest rate for PF deposits, and more

Home Minister Amit Shah tells Lok Sabha that the government is ready for discussion Union Home Minister Amit Shah told the Lok Sabha on July 24 that the government was ready for a discussion on Manipur on the floor of the House as the country needs to know the truth about the sensitive situation in the State. Union … Read more

Business News LIVE Today: Latest Business News, Share Market News, Economy & Finance News | Moneycontrol

Business News LIVE Today: Latest Business News, Share Market News, Economy & Finance News | Moneycontrol

The Supreme Court had last week ordered a forensic audit of the share sale of Fortis Healthcare to IHH Healthcare executed in 2018, in a contempt case filed by Japanese firm Daiichi Sankyo Company Ltd against the former promoters of Fortis, Singh brothers — Malvinder and Shivinder, and others. Source link

Business News LIVE Today: Latest Business News, Share Market News, Economy & Finance News | Moneycontrol

Business News LIVE Today: Latest Business News, Share Market News, Economy & Finance News | Moneycontrol

LinkedIn’s algorithmic experiments may come as a surprise to millions of people because the company did not inform users that the tests were underway. And while intended to improve how the platform worked for members, it could have affected some people’s livelihoods Source link