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India's growth to surge by 0.2% to 6.4% while China's projection reduced b
Updated : 9 months, 4 weeks ago IST
Global rating agency Fitch Ratings has raised India's medium-term growth potential by 0.2 percentage points to 6.4 per cent, while it has reduced China's growth projection by 0.3 per cent to 4.3 per cent from 4.6 per cent.
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Indian Banks are better prepared now to handle financial stress now: Fitch
Updated : 9 months, 4 weeks ago IST
Indian banks have shown a marked improvement in their risk profile and asset quality, according to a recent report by Fitch Ratings.
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India's Q4 GDP to grow 6.9%, lower than NSO's estimates of 7.6%: ICRA
Updated : 10 months ago IST
Indian economy is expected to grow at 6.9 per cent in the January-March quarter 2025, the official data for which is scheduled to be released on May 30 by the National Statistics Office, according to rating agency ICRA.
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Himachal Minister Vikramaditya Singh warns action over poor dept work, say
Updated : 10 months ago IST
Himachal Pradesh Minister Vikramaditya Singh said the department's work is poor despite enough funds. He blamed bad contractors and officials. He ordered performance ratings and warned action against those who do not perform, including blacklisting contractors.
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ICRA changes telecom tower industry's rating to Stable from Negative
Updated : 10 months ago IST
Investment Information and Credit Rating Agency (ICRA) on Monday, revised its outlook for telecom tower industry to stable from negative, helped by the timely payments from key customers, along with the clearance of past over dues, which has eased the receivables cycle of the telecom tower c
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Alcobev industry set to grow 8-10% in fiscal 2026, reaching Rs 5.3 lakh cr
Updated : 10 months ago IST
Alcoholic beverage (alcobev) manufacturers in the country will see revenue grow 8-10 per cent to Rs 5.3 lakh crore in fiscal 2026, keeping up momentum after a compound annual growth rate (CAGR) of 13 per cent over the three preceding fiscals, market intelligence firm Crisil Ratings.
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Oil companies losses on LPG expected to decrease by around 45% in FY26 if
Updated : 10 months ago IST
LPG losses incurred by oil marketing companies (OMCs) are expected to decrease by around 45 per cent in FY26 if crude oil prices remain stable at USD 65 per barrel, according to a report by CareEdge Ratings.
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Moody's downgrades US government ratings due to rising federal debt and in
Updated : 10 months ago IST
Moody's Ratings has downgraded the Government of United States of America's (US) long-term issuer and senior unsecured ratings to Aa1 from Aaa.
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NBFCs outpace banks in lending MSMEs, growth will continue to persist: Car
Updated : 10 months ago IST
Lending by MSMEs witnessed robust growth in recent years, with Non-Banking Financial Companies (NBFCs) emerging as the front-runners, outpacing the growth rates of both private and public sector banks, according to CareEdge Ratings.
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India's PV dealers to clock 7-9% revenue growth against sales growth of 4-
Updated : 10 months ago IST
India's passenger vehicle (PV) dealerships are set to clock high single-digit revenue growth in fiscal 2025, buoyed by a 4-6 per cent increase in sales volume and a 3-4 per cent rise in average realisations, according to a report by market intelligence firm Crisil Ratings.
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MoRTH's stricter bidding norms to ease competition in road projects: ICRA
Updated : 10 months ago IST
The tightening of bidding norms by Ministry of Road Transport & Highways (MoRTH) through requirement of additional performance security (APS) will ease competitive pressure in Central Government Road projects, said credit rating agency ICRA.
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Iron ore prices to remain range bound amid subdued Chinese demand and high
Updated : 10 months ago IST
Global iron ore prices are expected to remain 'rangebound', between USD 80 and USD 100 per tonne, over the period of 12-18 months, weighed down by weaker demand and high supply, Moody's rating said in a recent research note.
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