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Uncertainty around CV sales continues despite improving macroeconomic indi
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], December 28 (ANI): The sales of domestic commercial vehicles (CVs) could take longer to recover than expected despite improving macro-economic indicators like the index of industrial production, the output of core industries and fuel consumption, India Ratings a
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Ind-Ra revises FY21 GDP growth expectation to minus 7.8 pc
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], December 24 (ANI): India Ratings and Research (Ind-Ra) on Thursday revised its expectation for India's FY21 gross domestic product (GDP) growth to negative 7.8 per cent from negative 11.8 per cent due to easing of Covid-19 headwinds and better-than-expected 2Q F
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Neutral-to-positive impact of RBI's draft circular on govt-owned NBFCs: In
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], December 23 (ANI): The Reserve Bank of India's (RBI's) recent draft circular on declaration of dividends by non-banking financial companies (NBFCs) will have a neutral-to-positive impact on government-owned NBFCs, India Ratings and Research (Ind-Ra) said on Wedn
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Solar power tariff decline supported by structural factors: Ind-Ra
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], December 18 (ANI): Continuous decline in solar power tariffs since the start of the current financial year (FY 2020-21) has been driven by a mix of structural and state-specific factors with the former likely to sustain over medium-term, India Ratings and Resear
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Funding environment conducive for recovery, currency to change structurall
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], December 9 (ANI): India Ratings and Research (Ind-Ra) expects interest rates to stabilise at the current level and Indian currency to undergo structural changes in the coming months.
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Sale of passenger vehicles, 2 wheelers rising during festive season: Ind-R
Updated : 5 years, 4 months ago IST
New Delhi [India], October 30 (ANI): Amid increasing consumer preference for personal mobility, the original equipment manufacturers have continued with higher wholesale billings during July-September 2020, ahead of the peak demand period during the festive season in October-November, with p
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Restructuring remains critical for mid-corporates amid economic headwinds:
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 10 (ANI): India Ratings and Research (Ind-Ra) has maintained a negative outlook on its mid and emerging corporates (MEC) portfolio for 2H FY21 due to persisting liquidity and macro-economic headwinds caused by Covid-19 led business disruptions.
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Textile industry to brace for further uncertainties amid escalating global
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 6 (ANI): The US withhold release order on cotton and apparel imports from specific producers in Xinjiang Uygur Autonomous Region (XUAR) may escalate global trade tensions and thus have negative implications on Indian textile sector in the short run, Indi
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Sea and road transport recovering, air transport still under pressure: Ind
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 28 (ANI): The sea and road transportation segment witnessed a continued recovery on a month-on-month basis in August though it remains lower year-on-year, according to India Ratings and Research (Ind-Ra).
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RJio's post-paid plans indicate shift towards higher ARPU regime: Ind-Ra
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sep 26 (ANI): Reliance Jio Infocomm Ltd's (RJio) recently-announced post-paid plans indicate the telco's continued steps towards improving the industry-level average revenue per user (ARPU), according to India Ratings and Research (Ind-Ra).
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Ind-Ra assigns APSEZ's NCDs final AA-plus with stable outlook
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 24 (ANI): India Ratings and Research (Ind-Ra) has assigned Adani Ports and Special Economic Zone's (APSEZ's) non-convertible debentures a final rating of AA-plus with a stable outlook.
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Cement demand likely to fall by 10 to 15 pc in Q2: Ind-Ra
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sep 21 (ANI): Cement demand is expected to decline by 10 to 15 per cent year-on-year in the second quarter (July to September), India Ratings and Research (Ind-Ra) said on Monday.
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