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...

'Bangladesh crisis presents opportunity to Indian garment makers'

Recent political upheavals and social unrest in Bangladesh, which is the second largest exporter of readymade...

'Other countries may follow suit after US tariff on China goods'

Taking the latest cues from the US after it imposed high tariffs on various imports from China, CareEdge Ratings...

Profit of oil companies will decrease in FY25 as margin drops

The Gross Refining Margin (GRM) of Indian oil companies in FY23 was at USD 16-18/ Barrel (bbl), in FY24 the GRM of...

Indian container cargo to grow 8% this fiscal: Report

The rating agency in its latest report added that the share of coastal cargo is expected to rise from 33 percent in...

Business loans boom, personal loans slows down

According to CareEdge Ratings, gross bank credit offtake showed a year-on-year increase of 20.2 per cent in March...