Search For "careedge"
Indian PV industry set for moderate growth at 3 pc-5 pc in FY25 despite ec
Updated : 1 year, 11 months ago IST
According to the report. this forecast comes in the wake of a 7.4 per cent increase recorded in FY24, reflecting a noticeable slowdown from the preceding years.
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Credit growth up by 19.3 pc, crosses deposit growth; PVBs outpace PSBs: Ca
Updated : 1 year, 11 months ago IST
This growth translates to an absolute expansion of Rs 26.6 lakh crore since March 2023, reaching a total outstanding credit of Rs 164.3 lakh crore as of March 31, 2024.
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Other countries may follow suit after Biden's latest tariff on Chinese imp
Updated : 1 year, 12 months ago IST
Taking the latest cues from the US after it imposed high tariffs on various imports from China, CareEdge Ratings believes that other countries may also follow suit to protect their respective domestic industries.
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Profit of oil companies will decrease in FY25 as refining margin drops
Updated : 2 years ago IST
The Gross Refining Margin (GRM) of Indian oil companies in FY23 was at USD 16-18/ Barrel (bbl), in FY24 the GRM of Indian Refiners moderated to an average of USD 10 - 12/bbl. According to a report by CareEdge ratings, the GRM of oil companies will reduce further to USD 6-8 in FY25
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Amid Red Sea crisis, Indian container cargo to grow 8% this fiscal: CareEd
Updated : 2 years ago IST
The rating agency in its latest report added that the share of coastal cargo is expected to rise from 33 percent in financial year 24 to 42 percent by financial year 2026.
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Business loans boom, personal loans slows down: March banking trends after
Updated : 2 years ago IST
According to CareEdge Ratings, gross bank credit offtake showed a year-on-year increase of 20.2 per cent in March 2024, attributed largely to the merger between HDFC Bank and HDFC Ltd.
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National Highways execution to decline by 7-10 per cent in FY25
Updated : 2 years ago IST
The pace of construction for National Highways in India witnessed an uptick in FY24, reaching 34 Km/day, albeit lower than the 37 km/day reported in FY21.
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Third year of revenue growth for hotels, 9-11 percent seen in FY25: CareEd
Updated : 2 years, 1 month ago IST
Uptick in occupancy has not only empowered industry players with enhanced pricing leverage but has also propelled an increase in average room rates.
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Bank credit growth in India expected at 14-14.5pc in FY25: CareEdge Rating
Updated : 2 years, 1 month ago IST
CareEdge Ratings estimates bank credit growth in India to be in the range of 14-14.5 per cent in financial year 2024-25. In current financial year 2023-24, credit offtake is anticipated to close with a growth of around 16 per cent excluding the HDFC merger.
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CareEdge expects India's GDP to grow 7.6pc in current financial year 2023-
Updated : 2 years, 1 month ago IST
According to the rating agency, the economic growth in the current financial year was supported by a strong growth in investment demand led by public capital expenditure.
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India's data centre capacity to double in three years: CareEdge
Updated : 2 years, 1 month ago IST
A data centre is typically a large group of networked servers used by organizations for the remote storage or distribution of large amounts of data.
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Pharma Third Party Manufacturing Complete Guide by PharmaHopers
Updated : 2 years, 8 months ago IST
Zirakpur (Punjab) [India], September 12: Over the past few years, the Indian Pharmaceutical Industry has seen rapid expansion, as per the reports in CareEdge Ratings, between the fiscal years 2018 and 2023; the Indian pharmaceutical sector has recorded a growth rate (CAGR) of 6 per cent to 8
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