Moody's upgrade of the outlook on rupee debt rating will likely increase foreign flows, helping the rupee to appreciate, Citigroup said in a note on Tuesday.

Moody's Investors Services on Tuesday raised its outlook on India's local currency rating to positive from stable, citing the country's str..

Citigroup has announced its Q2CY09 numbers. The company posted net profit of $4.28 billion as against loss of $2.5 billion (YoY).

Its net revenue was up at $29.97 billion versus $17.54 billion (YoY). EPS (earning per share) stood at 49 cents..