'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...

Experts warn of persisting inflationary pressures

Rajani Sinha, Chief Economist at CareEdge, noted, "Despite the moderation in the inflation of the food and...

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...

CareEdge estimates Rs 11.5 trillion divestment potential

Disinvestment or divestment typically refers to the sale by the government, partly or fully, of a government-owned...