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Investors lose confidence in Pakistan amid deteriorating economy
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], August 25 (ANI): International investors are losing confidence in Pakistan amid a deteriorating economy and intensified political uncertainty.
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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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Milk price hike to improve profitability of organised dairies
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], August 23 (ANI): The recent hike in retail milk price by Rs 2 per litre will limit the slide in the profitability of the organised dairy sector to 50 basis points (bps) on-year this fiscal, despite a higher than anticipated rise in procurement prices, and transp
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Manav Rachna International School, Sector 14 Faridabad becomes the first s
Updated : 3 years, 6 months ago IST
Faridabad (Haryana) [India], August 22 (ANI/NewsVoir): Manav Rachna International School, Sector 14 Faridabad, a part of Manav Rachna Educational Institutions, has been awarded the prestigious QS I-GAUGE overall DIAMOND rating for Indian schools which evaluates the performance of the institu
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RBI's digital lending norms to change operating model of NBFCs
Updated : 3 years, 7 months ago IST
New Delhi [India], August 20 (ANI): The digital lending norms announced by the Reserve Bank of India (RBI) on August 10, 2022, aim to usher in orderly growth and financial stability, check malpractices, strengthen transparency, and protect customer interests. They would, however, raise opera
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Domestic commercial vehicle industry on recovery path, sales to grow 12 -1
Updated : 3 years, 7 months ago IST
New Delhi [India], August 19 (ANI): Indian commercial vehicle industry is on the road to recovery and is expected to witness a growth (in volume) of 12-15 per cent in 2022-23 (April-March), rating agency ICRA said in a report.
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Apparel retailers' revenue to grow 21-23 pc this fiscal
Updated : 3 years, 7 months ago IST
New Delhi [India], August 10 (ANI): Revenue of apparel retailers is expected to grow by 21 to 23 per cent in the current financial year driven by better same-store sales and higher contribution from new stores set up in the past 2-3 fiscals, CRISIL Ratings said in a report.
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Red Fort Capital NBFC awarded "Investment Grade" Credit Rating
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 10 (ANI/ATK): Red Fort Capital NBFC received an Investment Grade Rating BBB- from CARE for Long-term bank facilities of Rs 50 Cr.
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Two-wheeler sales expected to rise around 6 pc during 2022-23: Report
Updated : 3 years, 7 months ago IST
New Delhi [India] August 9 (ANI): After three consecutive years of decline, two-wheeler manufacturers are likely to see a sales growth of 6-6.5 per cent in the current financial year 2022-23 in line with the growing demand for personal mobility, a rating agency said in a report.
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Another tariff hike likely by telecom operators to recover investments: Re
Updated : 3 years, 7 months ago IST
New Delhi [India], August 7 (ANI): Telecom service providers are expected to hike tariffs in their existing 4G plans, partly to recover their large investments made through bidding of 5G spectrum auction, a rating agency report said.
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Centre launches smart prepaid metering App, integrated ratings of DISCOMs
Updated : 3 years, 7 months ago IST
New Delhi [India], August 6 (ANI): The central government on Friday launched a smart prepaid metering mobile App and Consumer Services Index of DISCOMs (power distribution companies). The Centre also launched the 10th Integrated Ratings of DISCOMs.
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