Higher spending on advertisement by corporates and governments in view of the upcoming state and national elections are expected to lift the revenue of the Indian print media sector by 13-15 per cent, according to a report by Crisil Ratings.
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.
Bengaluru (Karnataka) [India], June 8: The Securities Appellate Tribunal ("SAT") has, on 6 June 2023, quashed SEBI's decision of cancelling Brickwork Ratings's registration as a credit rating agency.
The credit ratings agency placed top-ranked US credit on rating watch negative, reflecting the uncertainty surrounding the current debt ceiling debate and the possibility of a first-ever default, CNN Business said.
Thousands rally against the judicial overhaul on Saturday evening, the day after leading rating agency Moody's downgraded Israel's economic outlook from positive to stable, citing the "deterioration of Israel's governance" amid the coalition's highly contentious bid to dramatically weaken
The rating agency opines that the transmission of monetary policy in the banking system could intensify in FY24 driven by the sharp rise in bank's marginal cost of funding.
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.
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.
Mumbai (Maharashtra) [India], November 2 (ANI/PRNewswire): Credit rating agency ICRA has assigned AA- (Stable) rating for the proposed non-convertible debentures (NCDs) of NMDC Data Centre Private Limited (NMDC). The rating is provisional subject to the completion of certain documentation fo
In this report, CareEdge Ratings has analysed the imminent shift in the mode of freight movements from roadways to railways and the underlying factors facilitating the transition. A dedicated freight corridor will boost the modal shift from road to rail, the rating agency reported.