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Cement volumes to grow 6-7% in FY27; industry to add 85-90 MTPA capacity:
Updated : 2 months, 2 weeks ago IST
India's cement industry is expected to witness steady growth in the coming years, with cement volumes projected to expand by 6-7 per cent in FY27, supported by sustained demand from the housing and infrastructure sectors, according to a report by rating agency ICRA.
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India's petrochemical consumption growth to remain at 6-7% annually, capac
Updated : 2 months, 2 weeks ago IST
India's domestic petrochemical consumption growth is expected to remain robust at 6-7 per cent per annum in the medium term, supported by continued economic expansion and steady demand from downstream industries, according to a report by CareEdge Ratings.
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MCG pitch for Boxing Day Ashes Test rated "unsatisfactory"
Updated : 2 months, 2 weeks ago IST
The Melbourne Cricket Ground (MCG) pitch has been rated "unsatisfactory" by the ICC after the fourth Ashes Test between Australia and England ended in just two days, as per the ICC's website.
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Proposed IBC amendments positive but miss real estate sector reforms: ICRA
Updated : 2 months, 2 weeks ago IST
The proposed amendments to the Insolvency and Bankruptcy Code (IBC) are encouraging. They could help improve recovery rates and reduce resolution timelines. Still, credit rating agency ICRA noted that the changes do not address long-standing structural issues in the real estate sector, which
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Travis Head, Alex Carey climbs to significant position in latest ICC men's
Updated : 2 months, 2 weeks ago IST
Australia opener Travis Head's stellar performance has helped him to the joint-third spot in the Test batting rankings. Head climbed four places and has 815 rating points. Head now shares this spot with his teammate Steve Smith and is ahead of England's Harry Brook (813), who slipped down to
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Despite global FDI slowdown, India's gross inflows remain healthy in FY26:
Updated : 2 months, 2 weeks ago IST
Even as global foreign direct investment (FDI) has been losing momentum over the years, India's gross FDI inflows have remained resilient, supported by steady investment interest, according to a report by CareEdge Ratings.
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DLC Guide Mumbai Second Edition 2025 Concludes, Strengthening India's Firs
Updated : 2 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], December 24: The DLC Guide Mumbai Second Edition 2025, a ground-breaking and independent global rating system founded by Mr. Jimmy Mistry under the aegis of Della Leaders Club (DLC), concluded successfully on Monday evening at JW Marriott Mumbai Sahar, bringing
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Central banks diversifying forex reserves from USD & Euro to gold and othe
Updated : 2 months, 3 weeks ago IST
Global central banks are gradually diversifying their foreign exchange reserves away from the US dollar and the euro, increasing exposure to other currencies and gold, highlighted a report by CareEdge Ratings.
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Japan PM Takaichi's Cabinet approval rating falls to 67.5 per cent amid Ta
Updated : 2 months, 3 weeks ago IST
Japan PM Sanae Takaichi's Cabinet approval fell to 67.5 per cent, a Kyodo survey showed, amid concerns over her Taiwan remarks and ties with China. The poll also found public worry over fiscal health, mixed views on inflation relief and support for tax reform.
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Amendments in laws to deepen India's insurance coverage, strengthen regula
Updated : 2 months, 3 weeks ago IST
The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, passed by the Parliament this week, is expected to improve insurance penetration, operational efficiency, and market resilience, advancing insurance for all by 2047, according to CareEdge Ratings.
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S&P Upgrades IIFL Finance's Outlook to 'Positive' On Recovering Market Sha
Updated : 2 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], December 18: Credit Rating agency Standard and Poor's (S&P) Global Ratings has revised IIFL Finance's Outlook to 'Positive' from 'Stable' on recovering market share in gold loans, while affirming 'B+/B' ratings. S&P also affirmed its 'B+' long-term foreign curre
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Domestic growth to support India's auto loan asset-backed-securities perfo
Updated : 2 months, 3 weeks ago IST
Fitch Ratings has maintained a 'Neutral' outlook for India's auto loan asset-backed securities (ABS) sector for 2026, citing expectations of stable asset performance supported by resilient domestic economic growth.
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