Moody's downgrades US debt rating outlook to negative
November 12th, 2023 09:27
"In the context of higher interest rates, without effective fiscal policy measures to reduce government spending or increase revenues, Moody's expects that the US's fiscal deficits will remain very large, significantly weakening debt affordability," the agency said.
India’s social stock exchanges will see more listings and tweaks
November 11th, 2023 23:27
A nonprofit wishing to list on a social bourse needs to first register with it and meet a host of criteria, make annual disclosures and produce extensive documentation, just as a company planning an IPO would. This includes a detailed fund-raise document with financial statements, risks, past social impact and the strategy to achieve its vision.
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