Search For "india ratings and research"
Steel oversupply to drive price correction in Q2 FY21: Ind-Ra
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 4 (ANI): Steel prices could fall further in coming weeks as domestic production will gradually increase with the easing of lockdown restrictions along with no corresponding increase in demand, according to India Ratings and Research (Ind-Ra).
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States' GSDP to contract up to 14 pc in FY21: Ind-Ra
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 29 (ANI): India Ratings and Research (Ind-Ra) expects the gross state domestic product (GSDP) of all states in India to contract during the current financial year in the range of 1.4 to 14.3 per cent.
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Ind-Ra downgrades Haldia Petrochemicals to AA-minus with negative outlook
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 29 (ANI): India Ratings and Research (Ind-Ra) on Monday downgraded Haldia Petrochemicals Ltd's (HPL's) long-term issuer rating to AA-minus from AA while resolving the rating watch negative (RWN).
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Continued decline in all-India power demand affecting thermal PLFs: Ind-Ra
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 27 (ANI): The all-India energy demand decreased 14.9 per cent year-on-year to 102.7 billion units in May while energy supply also decreased 14.9 per cent, resulting in the energy deficit remaining at 0.5 per cent (May 2019: 0.4 per cent), according to India
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GDP to contract by 5.3 pc in FY21 due to Covid-19 woes: Ind-Ra
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 24 (ANI): India's gross domestic product (GDP) will contract by 5.3 per cent year-on-year in the current financial year (FY21), marking the lowest growth rate in the country's history and sixth instance of economic contraction, India Ratings and Research (I
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Ind-Ra assigns APSEZ's NCDs final AA-plus with stable outlook
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): India Ratings and Research (Ind-Ra) has assigned Adani Ports and Special Economic Zone (APSEZ) Ltd's non-convertible debentures (NCDs) a final rating of AA-plus with a stable outlook.
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States' deficit, market borrowings to increase to 4.5 pc of GDP: Ind-Ra
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 26 (ANI): India Ratings and Research (Ind-Ra) expects the aggregate fiscal deficit of states to now rise to 4.5 per cent of gross domestic product (GDP) in FY21 as against the agency's earlier forecast of 3 per cent.
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T&D equipment suppliers likely to be resilient to business disruptions: In
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 25 (ANI): India Ratings and Research (Ind-Ra) said on Monday the slowdown in construction and infrastructure activities due to more than 60 days of nationwide lockdown will impact the revenue growth of transmission tower suppliers in near term.
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Dairy products output to grow 10 pc to Rs 2.83 lakh crore in FY21: Ind-Ra
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 18 (ANI): The manufactured dairy products output is estimated to grow 10 per cent to Rs 2.83 lakh crore in the current financial year from Rs 2.56 lakh crore in FY20 as households continue to drive the consumption of milk and milk products, India Ratings and
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Increased government borrowing unlikely to translate into meaningful fisca
Updated : 5 years, 10 months ago IST
New Delhi [India], May 16 (ANI): The government's announcement of enhancing gross borrowings to Rs 12 lakh crore from the budgeted Rs 7.8 lakh crore in FY21 will largely take care of the revenue shortfall, leaving little space for fiscal stimulus, unless the Centre sharply cuts the budgeted
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Retail jewellers facing elongated working capital cycle amid lockdown: Ind
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 12 (ANI): Most retail jewellery players either have sufficient liquidity available or are backed by strong bank funding or outstanding free cash which will enable them to manage liquidity in the short term, India Ratings and Research (Ind-Ra) said on Tuesday
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OMCs' margins to take a hit post increase in taxes: Ind-Ra
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 9 (ANI): The recent hike in additional customs and excise duties on petrol and diesel will meaningfully affect profitability and leverage profile of the three public oil marketing companies (OMCs), according to India Ratings and Research.
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