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Revenue of top Indian states to grow 6-8 pc in 2023-24 fiscal: Crisil
Updated : 2 years, 9 months ago IST
The top Indian states, accounting for 90 per cent of aggregate gross state domestic product, are expected to see revenue growth of 6-8 per cent to a cumulative Rs 34 lakh crore in the 2023-24 financial year, according to rating agency Crisil.
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Revenue of organised gold jewellery retailers to rise 23-25 pc in 2022-23:
Updated : 3 years, 2 months ago IST
Revenue of organised gold jewellery retailers, which had spurted 36 per cent last fiscal on a low base of the pandemic-induced financial year, is expected to grow 23-25 per cent in 2023 largely due to pent-up demand and recovery in discretionary consumer spending, said rating agency CRISIL.
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Revenue of agrochemicals to grow double-digit current financial year and n
Updated : 3 years, 2 months ago IST
Agrochemicals sector is expected to grow at 15-17 per cent current financial year after a stellar 23 per cent growth logged last fiscal, primarily driven by continued strong exports and stable domestic demand, said rating agency Crisil.
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Air traffic set to regain pre-pandemic heights this fiscal: Crisil
Updated : 3 years, 4 months ago IST
New Delhi [India], October 17 (ANI): Airport operators are expected to see their traffic volume recover to the pre-pandemic level during the current financial year 2022-23, thus spurring revenue recovery, said rating agency Crisil Ratings.
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Banks may see bad loans fall to a decadal low of 4% by March 2024: Crisil
Updated : 3 years, 5 months ago IST
New Delhi [India], September 21 (ANI) Gross non-performing assets (GNPAs) of banks are likely to decline by 90 basis points (bps) to 5 per cent this year and further improve to a decadal low of 4 per cent by March 31 next year, pushed by post-pandemic economic recovery and higher credit grow
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Multiplex revenues set to cross pre-pandemic levels in 2022-23: Report
Updated : 3 years, 5 months ago IST
New Delhi [India], September 21 (ANI): Revenues of multiplexes are set to cross pre-pandemic levels this financial year 2022-23 as more people are queuing up to watch movies after the pandemic-forced hiatus, said rating agency CRISIL Ratings.
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Revenue of States to grow moderately at 7-9 pc in 2022-23: Report
Updated : 3 years, 6 months ago IST
New Delhi [India], August 24 (ANI): Revenue of the major States is likely to grow at a moderate pace of 7-9 per cent this financial year, after galloping 25 per cent last year, said rating agency CRISIL Ratings in a report.
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Latest milk price hike to limit decline in profitability for dairy sector:
Updated : 3 years, 6 months ago IST
New Delhi [India], August 23 (ANI): The latest hike in retail milk prices will limit the fall in profitability of the organised dairy sector this financial year, rating agency CRISIL Ratings said in a report on Tuesday.
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CRISIL sees India's average retail inflation in FY23 at 6.8 pc
Updated : 3 years, 8 months ago IST
New Delhi [India], July 2 (ANI): India's retail inflation during the financial year FY22-23 is expected to average at 6.8 per cent, as compared to 5.5 per cent the previous year, said rating agency CRISIL in a report.
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Fleet operators in expansion lane despite higher interest rates: Report
Updated : 3 years, 8 months ago IST
New Delhi [India], June 30 (ANI): Fleet operators are likely to continue adding to their fleet size this financial year, steered by higher demand from road-freight sectors despite higher repayment burden emanating from a rise in interest rates on loans, said a rating agency CRISIL report.
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Low exports, rising cost to hurt profitability of home textile firms, says
Updated : 3 years, 8 months ago IST
New Delhi [India], June 29 (ANI) Operating profitability of home textile makers is seen moderating 150-200 basis points (or 1.5-2.0 percentage points) to 13 per cent during this financial year 2022-23, weighed down by lower export demand and a sharp increase in raw material and transportatio
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Supreme Court ruling on NBFCs removes key regulatory overhang: CRISIL
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 16 (ANI): The recent ruling by the Supreme Court that underscores the primacy of the Reserve Bank of India (RBI) as the regulator and supervisor of the non-banking financial companies (NBFCs), has removed a key regulatory overhang, rating agency CRISIL said
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