Mumbai (Maharashtra) [India], Dec 31 (ANI): The aggregate fiscal deficit of states will touch 3 per cent gross domestic product (GDP) in FY20 against the budgeted figure of 2.6 per cent, India Ratings and Research (Ind-Ra) said on Tuesday.
Mumbai (Maharashtra) [India], Dec 19 (ANI): India Ratings and Research (Ind-Ra) has downgraded Yes Bank's long-term issuer rating to A from A-plus and its short-term issuer rating to A1 from A1-plus.
Mumbai (Maharashtra) [India], Dec 13 (ANI): Small finance banks (SFBs) will continue to see increased traction in deposits on the back of higher interest rates (1 to 2 per cent higher than most banks), focussed marketing strategies and maturing branches of a fast-growing branch network (40 p
Mumbai (Maharashtra) [India], Nov 26 (ANI): India Ratings and Research (Ind-Ra) on Tuesday revised its GDP growth forecast for the current financial year (FY20) to 5.6 per cent.
Mumbai (Maharashtra) [India], Nov 22 (ANI): The cotton crop in Maharashtra is estimated to be delayed as unseasonal rains damaged about 1.9 million bales, India Ratings and Research (Ind-Ra) said on Friday, adding that the damaged crop is estimated to fetch prices that will be 30 to 35 per c
Mumbai (Maharashtra) [India], Nov 21 (ANI): New guidelines on liquidity risk management (LCR) announced by the Reserve Bank of India (RBI) for non-banking finance companies (NBFCs) including core investment companies (CICs) will increase discipline in liquidity maintenance and improve transp
Mumbai (Maharashtra) [India], Nov 20 (ANI): India Ratings and Research (Ind-Ra) said on Wednesday that Bharat Stage VI (BS-VI) emission norms scheduled to be implemented from April 1 next year can create short-term headwinds for the commercial vehicle (CV) segment.
Mumbai (Maharashtra) [India], Nov 19 (ANI): State-owned Steel Authority of India Limited (SAIL) said on Tuesday that India Ratings and Research (Ind-Ra) has revised its outlook to negative from stable while affirming its long-term issuer rating at IND AA minus.
New Delhi [India], Nov 10 (ANI): The likely loss to Uttar Pradesh State Power Sector Employees Trust due to investments in controversial Dewan Housing Finance Ltd (DHFL) will have an impact on UP Power Corporation Ltd's (UPPCL's) financial performance, according to India Ratings and Research
Mumbai (Maharashtra) [India], Nov 2 (ANI): India Ratings and Research (Ind-Ra) and Crisil have downgraded telecom major Vodafone Idea's long-term issuer ratings on non-convertible debentures (NCDs) worth Rs 3,500 crore.
Mumbai (Maharashtra) [India], Oct 28 (ANI): Automobile retail sales are likely to pick up with an improvement in consumer sentiment during the ongoing festive season due to recent liquidity easing measures announced by the government and on back of favourable monsoons, according to India Rat
Mumbai (Maharashtra) [India], Oct 19 (ANI): Cotton imports into the country continue to rise with local prices (minimum support price) being higher than international prices, according to the latest edition of India Ratings and Research (Ind-Ra) credit news digest on India's textile sector.