S P Global
Latest news, explainers and analysis on S P Global. Tracking 3 stories on Arth Vani.
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Latest on S P Global
El Nino Threat: S&P Warns of Food Price Shocks for Indian Households
A new report by S&P Global warns that Indian households are highly vulnerable to food inflation triggered by El Nino-driven weather disruptions. While the government maintains significant grain buffers, reduced rainfall could impact agricultural output and retail prices.
Indian Manufacturing Growth Hits 5-Year Low in July Amid Slowing New Orders
India's manufacturing activity recorded its slowest growth in five years this July, with the HSBC Purchasing Managers' Index (PMI) falling to 53.5. This decline from 54.2 in June is primarily attributed to a significant slowdown in new orders and challenging market conditions. While still indicating expansion, the pace is weaker than both the previous month and the long-run average.
Global Rating Agency Upgrades OYO Parent's Outlook Ahead of Planned IPO
S&P Global has revised the credit outlook for OYO’s parent company, Prism, to 'Positive' from 'Stable'. This upgrade signals improved financial health and better credit metrics as the hospitality giant prepares for its stock market debut.