Moody's Cuts South Africa's Sovereign Credit Ratings to Junk Amid COVID-19 Crisis in Top Business News- News18.com published on March 28, 2020 leave a reply Two other major international rating agencies Fitch and S&P had cut the credit rating of Africa's most developed economy to sub-investment level in 2017. from Top Business News- News18.com https://ift.tt/2vVOWxT Tweet Share Share Share Share Previous Post Amarinder Singh Seeks Release of Rs 2,088 Crore GST Compensation Arrears Amid Coronavirus Crisis Next Post No Disruption in Customer Services During Lockdown, All Branches to Remain Open, Bankers Assure FM post written by: Rohit Related PostsSouth Korea Posts Biggest GDP Fall Since 2008 as Pandemic Cripples DemandFinance minister Hong Nam-ki said in a policy meeting Asia's fourth-largest economy should brace for a bigger shock from the second quarter as demand from major… Continue ReadingRemittances to India Likely to Decline by 23 Per Cent in 2020 Due to Covid-19: World BankAs a result of the deadly coronavirus pandemic, which has resulted in a global recession, remittances to India are likely to drop by 23 per cent from USD 83 bil… Continue ReadingIndian Refineries Scale Back Output as Coronavirus Chokes DemandMany refineries have curbed output with fuel demand hammered by travel restrictions as the pandemic forced people to stay home and stalled economic activity. f… Continue ReadingSAIL Borrowings Cross Rs 52,000 Crore Amid Covid-19 Lockdown, Inventory Level Touches 3 Mn TonnesThe official also said that inventory level has crossed 2 million tonnes and another about 1 million tonnes is in process. The inventory will increase as produc… Continue ReadingEPFO Settles 10.02 Lakh Withdrawal Claims Including 6.06 Lakh Covid-19 Advances in Last 15 DaysAround 90 per cent of COVID-19 non-refundable advance claims were settled within 3 days, as per a Labour Ministry statement. from Top Business News- News18.com… Continue Reading
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