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Other countries may follow suit after Biden's latest tariff on Chinese imp
Updated : 1 year, 9 months ago IST
Taking the latest cues from the US after it imposed high tariffs on various imports from China, CareEdge Ratings believes that other countries may also follow suit to protect their respective domestic industries.
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For road transport operators, revenue growth expected to double to 9-11% t
Updated : 1 year, 9 months ago IST
Revenue growth for road transport fleet operators is expected to double to 9-11 per cent in the current financial year 2024-25, according to a report by Crisil Ratings.
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India to emerge as an economic superpower amid impending global economic l
Updated : 1 year, 9 months ago IST
IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth this year. Escalation of the recent conflict in the Middle East, financial stress, persistent inflation and slowdown in international trade are downside risks for the global growth.
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Agartala Airport achieves top customer satisfaction rating in Northeast
Updated : 1 year, 9 months ago IST
In a recent survey conducted by an independent agency for the Airports Authority of India (AAI), Agartala Airport has seen a significant increase in its customer satisfaction rating.
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Profit of oil companies will decrease in FY25 as refining margin drops
Updated : 1 year, 9 months ago IST
The Gross Refining Margin (GRM) of Indian oil companies in FY23 was at USD 16-18/ Barrel (bbl), in FY24 the GRM of Indian Refiners moderated to an average of USD 10 - 12/bbl. According to a report by CareEdge ratings, the GRM of oil companies will reduce further to USD 6-8 in FY25
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UST Named to Newsweek's America's Greatest Workplaces for Diversity for 20
Updated : 1 year, 9 months ago IST
Aliso Viejo (California) [USA]/ Bengaluru (Karnataka) [India], May 22: UST, a leading digital transformation solutions company, is proud to announce that it has been recognized as one of America's Greatest Workplaces for Diversity 2024 by Newsweek and Plant-A Insights Group, receiving five o
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RBI's red flag on non-bank lenders raises volatility, Fitch says
Updated : 1 year, 10 months ago IST
The RBI recently clarified that NBFIs should comply with existing regulatory caps on disbursal of loans in cash to below Rs 20,000 (around USD 240). This compares to a higher Rs 200,000 cap on general cash transactions for individuals, which some lenders, the rating agency said, had adopted
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Amid Red Sea crisis, Indian container cargo to grow 8% this fiscal: CareEd
Updated : 1 year, 10 months ago IST
The rating agency in its latest report added that the share of coastal cargo is expected to rise from 33 percent in financial year 24 to 42 percent by financial year 2026.
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1 per cent of GDP lost, 49 per cent of young adults consume tobacco: KPMG
Updated : 1 year, 10 months ago IST
New Delhi [India], May 15: India's growth story has amazed economists and financial experts. Top rating agencies of the world have acknowledged that India will be the fastest growing economy among the G-20 nations in 2024. In the previous three quarters, India's economy expanded at 7.8 per c
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Moody's expects India to grow 6.6% in 2024-25 fiscal
Updated : 1 year, 10 months ago IST
The Indian economy is expected to grow at 6.6 per cent in the current financial year 2024-25, fuelled by strong credit demand that will support the NBFC sector's profitability, Moody's Ratings said.
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Crompton Leads the Way in Sustainable Consumer Durables with a Top Ranking
Updated : 1 year, 10 months ago IST
Mumbai (Maharashtra) [India], May 13: Crompton Greaves Consumer Electricals Ltd., renowned for its wide range of energy-efficient and sustainable consumer products, has secured a top ranking in the Dow Jones Sustainability Index (DJSI) for its outstanding environmental, social, and governanc
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Kharif crop's monsoon dependency on a gradual decline: India Ratings
Updated : 1 year, 10 months ago IST
Crops that are sown during October and November and the produce harvested from January depending on maturity are Rabi. Crops sown during June-July and dependent on monsoon rains are harvested in October-November are kharif. Crops produced between Rabi and Kharif are Summer crops.
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