India's fiscal deficit will be 4.8 pc in FY25, below BE of 4.9 pc

The fiscal deficit of the central government is projected to be 4.8 per cent of GDP for FY25, slightly below the...

Gopalpur Port's credit rating upgraded by Care Edge Ratings

The credit rating of Gopalpur Ports Limited (GPL) has been upgraded to CARE AA; Stable by Care Edge Ratings...

India could benefit from re-orientation of global supply chain

After the victory of the Donald Trump in the US Presidential elections, India could benefit from any re-orientation...

High forex reserves, low external debt supporting India's credit

India's high foreign exchange reserves and low levels of external debt are contributing to its overall credit...

Household debts up on back of housing loans, unsecured lending

Amid concerns about India's rising household debts a recent report by Care Edge Ratings highlighted that the...

RBI expected to hold repo rate steady in upcoming MPC meeting

Adding the reasons behind its anticipation, the credit agency further emphasized factors such as the inflation and,...

Credit offtake expanded by Rs. 20.4 lakh crore, deposits expanded

The credit offtake continue to grow at the rate of 13.9 year-on-year to reach Rs. 168.1 lakh crore for the fortnight...

ISFCL Lauded with CARE AA-/Stable Rating by Care Edge

New Delhi [India], June 29: India Shelter Finance Corporation Limited (ISFCL) is pleased to announce that CARE...

Rate cut might be contemplated in the second half of FY25

The Ministry of Statistics and Programme Implementation (MOSPI) estimates GDP growth at 8.2 per cent, driven by...

Growth in FMCG will revive post-monsoon

The FMCG (Fast-moving consumer goods) industry witnessed a downturn in the fourth quarter of FY23-24, said a report...

India aims for 30 percent of all vehicle sales to be electric

EVs offer the lowest lifetime cost, followed by CNG. Demand for EVs is booming, driven by government incentives,...

Maiden Forgings Limited rated BBB-; Stable by Care Edge

New Delhi [India], February 23: Maiden Forgings Limited, based out of Delhi (NCR), recently, on February 20, 2024,...