Moody’s Ratings has downgraded the U.S. government’s credit rating from Aaa to Aa1, citing concerns over rising debt and persistent deficits. This decision makes Moody’s the final major agency to lower the U.S. rating, following similar moves by Standard & Poor’s and Fitch. Political gridlock and increasing interest payments contribute to the bleak outlook.
Kalpataru raises Rs 708 crore from 9 anchor investors; Singapore’s GIC, Bain Capital lead
Realty developer Kalpataru has raised over Rs 708 crore from nine anchor investors including GIC Singapore, Bain Capital’s GSS Opportunities Investment, SBI Mutual Fund, ICICI