May 25, 2021 10:17 PM IST
The research agency cited measures taken by government during the first COVID-19 wave to cushion it with example of regulatory moratorium, loan restructuring, additional funding through the emergency credit line guarantee scheme raised optimism about faster-than-expected normalisation.
- Apr 23, 2021 01:17 PM IST
At a time when large parts of the country are experiencing tremendous pressure on medical infrastructure, the agency said it expects the second wave to start subsiding by mid-May.
- Feb 10, 2021 12:34 PM IST
India-Ratings expects the industrial and services sector to grow at 11.5% and 11.4% YoY, respectively, in FY22.
- Jan 22, 2021 01:49 PM IST
The pandemic induced lockdowns resulted in the economy tanking 23.9 per cent in the June quarter but made a dramatic recovery with the contraction improving to just 7.5 per cent in Q2 and is likely to re-enter the green zone in the second half which may help the economy close FY21 with a contraction of 7.5-8 per cent.
- Dec 24, 2020 01:46 PM IST
Although the headwinds emanating from challenges related to Covid-19 are unlikely to go away till mass vaccination becomes a reality, perhaps the economic agents and economic activities not only have learnt to live with it but are also adjusting swiftly to the post-Covid-19 world, Ind-Ra said in a statement
- Jun 24, 2020 01:40 PM IST
As a result, besides contracting for the whole year, GDP will contract in each quarter in FY21 (April 2020 to March 2021).
- Jan 13, 2020 12:50 PM IST
"Proposed changes in the concession agreement of build-operate-transfer (BOT) projects such as non-issuances of work orders until 90 per cent land acquisition, de-scoping provisions akin to hybrid annuity model (HAM) projects, and transfer of projects after lenders' approval are positive moves," Ind-Ra said in a statement.
- Nov 27, 2019 12:30 PM IST
"This is the third quarter since the growth rate has fallen in the country. If this is not recession, then what is it? The government must bring a white paper on the status of Indian economy," tweeted Yechury.
- Feb 21, 2019 04:45 PM IST
As per the ratings agency, the passenger vehicle (PV) segment, which has clocked a 4 per cent growth in the ten months of the ongoing fiscal, is expected to grow "moderately" next fiscal.
- Dec 05, 2018 01:49 PM IST
Credit rating agency Ind-Ra said it does not expect the demerger to have any major impact on AHELs revenue and EBITDA (Earnings before interest, tax, depreciation and amortization) generation.
- Oct 31, 2018 04:12 PM IST
About 9 percent year-on-year depreciation in the rupee in Q2FY19 will help pharmaceutical companies in passing on input cost hikes and manage the pricing pressure, it said.
- Sep 20, 2018 06:27 PM IST
The outlook on airports reflects limited upward rating movements; although the agency expects continued growth in passenger volumes despite capacity constraints, it said.
- Aug 31, 2018 06:22 PM IST
India Ratings and Research (Ind-Ra) however said an upward trend in interest rate and fuel prices would increase cost of ownership for end-consumers and hence curtail PV demand to a certain extent and also affect smaller CV fleet operators.
- Aug 30, 2018 07:33 PM IST
Also, in case of the applicability of 25 percent safeguard duty, tariffs could further increase by Rs 0.30 to 0.35/kWh.
- Aug 28, 2018 06:01 PM IST
According to the ratings agency, imported coal requirement is likely to increase to 62 million tonne this fiscal from 56 million tonne in FY2018 to meet the incremental power generation.
- Aug 17, 2018 05:50 PM IST
Out of the top 21 OEMs, the company has more than 20 years of relationship with 17 OEMs, it added.
- Aug 16, 2018 04:42 PM IST
The key reason for this, Ind-Ra said, is the upward revision in the estimation of inflation for 2018-19.
- Aug 13, 2018 05:58 PM IST
Returns from the new urea manufacturing capacity coming on stream are likely to be strong, subject to the timely receipt of subsidy and offtake above 85 percent.
- Apr 19, 2018 03:58 PM IST
"The agency expects an increase in compliance costs and operational requirements could stress the operating metrics of small road transport operators over the near to medium term," India Ratings & Research (Ind-Ra) said.
- Jan 18, 2018 05:25 PM IST
Ind-Ra, an affiliate of US-based Fitch, said it expects a greater allocation of funds to farm and rural sectors in 2018- 19 Budget, which is unlikely to be a populist one despite the impending 2019 general election.
- May 16, 2017 04:15 PM IST
"Ind-Ra believes the policy (National Steel Policy 2017) will give a boost to the struggling Indian steel industry. However, the execution of provisions in the policy will remain a key challenge for the government," it said.
- May 09, 2017 03:07 PM IST
The rating agency expects their profiles to remain healthy during the year, on account of growing enrolments and improving profit margins.
- Apr 21, 2017 08:35 AM IST
Ind-Ra estimates that Rs 560 billion out of total debt of Rs 1,730 billion could be refinanced at a lower borrowing cost across various infrastructure sub-sectors in its portfolio till 2018-19.
- Apr 21, 2017 08:30 AM IST
According to the ratings agency, there could be a shift in the type of instruments issued for the purpose of raising capital in the sector largely to the capital market instruments like bonds, from the conventional term loans.
- Apr 06, 2017 07:55 PM IST
The debt waiver announced by the Uttar Pradesh government will only provide short-term relief to distressed farmers, but will lead to a bad credit culture and also exert pressure on state finances, said a report.