Rating companies post more upgrades for India Inc as credit quality improves

For Crisil, overall, there were 506 upgrades and 184 downgrades. The credit ratio increased to 2.75 times in the first half of this fiscal from 1.79 times in the second half of last fiscal. This highlights the sustained strengthening of India Inc’s credit quality.

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Gold inches higher, focus on Fed minutes

Gold prices edged up slightly during the early Asian trading session, buoyed by a retreat in U.S. Treasury yields from their recent highs. Market players