Centre likely to stay committed to fiscal consolidation

Sachin Gupta, Chief Rating Officer, CareEdge Ratings, stated, "The budget is likely to focus on supporting...

India’s solar equipment manufacturing poised for healthy growth

India's solar equipment manufacturing capacity is poised for healthy growth over the next 2-3 years, entailing a...

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...

'India continues to hold steady despite global uncertainties'

CareEdge Ratings expects the central government to continue on the path of fiscal consolidation and projects India's...

India's import dependence of lithium-ion battery will drop

Currently, nearly all of India's 15 GWh demand for Li-ion batteries is met through imports. However, this demand is...

Modest recovery in central capital expenditure in Q2FY25

Though state-level spending continued to decline, dropping by 3.8 per cent compared to last year, a few states,...

CareEdge announces entry into Global Scale Ratings

Mumbai (Maharashtra) [India], October 4: CareEdge Ratings, India's leading credit rating agency, today announced...

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...

CareEdge enters in Global Scale Ratings

India's general government debt is expected to gradually decrease to 78 per cent of GDP by FY30 and further to...

Net NPAs of Indian banks dropped by 24.9%

The gross non-performing assets (GNPAs) of scheduled commercial banks (SCBs) fell by 15.2 per cent year-on-year...

Bangladesh crisis may affect medical-tourism to India

Bangladesh is a big contributor to India's medical tourism sector and if the ongoing instability continues there...

Declining bank deposits raise concerns about NBFC's fund raising

Amid the concerns of declining deposits at banks, CareEdge Ratings anticipated that the credit-deposit ratios may...