Search For "ratings"
RBI's Rs 2.11 lakh dividend provides near term support to fiscal performan
Updated : 1 year, 9 months ago IST
The Rs 2.11 lakh all-time high dividend by Reserve Bank of India, will help the government in maintaining the fiscal deficit at targeted 5.1 per cent for the year 2024-25. Fitch Ratings says, the high dividend by RBI could even lower FD below the target.
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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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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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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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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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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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Asset quality issue at Indian banks subsiding, bolstering appetite for gro
Updated : 1 year, 10 months ago IST
Asset quality pressures are subsiding at Indian banks, creating a favourable business environment and bolstering banks' potential and appetite for growth, said Fitch Ratings on Monday.
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Indian airlines to carry half of country's international traffic by 2028:
Updated : 1 year, 10 months ago IST
The rating agency asserted that the improvement would be driven by Indian airlines deploying additional aircraft and adding new routes in the international segment, as well as their inherent advantage of superior domestic connectivity compared with foreign carriers.
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Ind-Ra raises FY25 GDP growth estimate to 7.1 pc: Strong government-privat
Updated : 1 year, 10 months ago IST
The new projection slightly exceeds the Reserve Bank of India's (RBI) forecast of 7.0 per cent. The agency's forecast indicates higher growth than RBI's for the first and fourth quarters of FY25 but lower for the second and third quarters.
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Growing online enrolments, rising tuition fee to drive revenue for educati
Updated : 1 year, 10 months ago IST
India Ratings and Research (Ind-Ra) has maintained an improving outlook for the education sector for the financial year 2024-25, driven mainly by continuously growing enrolments along with rising tuition fees per student.
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