Mar 31, 2021 05:49 PM IST
There are already signs that the increase in industrial raw material prices are getting passed on to output prices.
- Mar 23, 2021 04:12 PM IST
Asmita Pant, Senior Analyst at Ind-Ra, said, "The increase in tariffs will increase power purchase costs for solar off-takers by Rs 9 billion (Rs 900 crore) annually, considering that around 10 GW of solar capacity will come on stream in the next 12 months.”
- Feb 25, 2021 06:04 PM IST
Despite the doom and gloom beginning mid-March 2020, most sub-verticals of the infra sector have shown resilience and are above pre-covid levels, India Ratings and Research said.
- Feb 15, 2021 05:58 PM IST
The rating agency has revised the outlook on state finances to stable for FY22 from stable-to-negative.
- Feb 08, 2021 03:47 PM IST
During FY15-FY20, the segment expanded by a compound annual growth rate (CAGR) of 20 percent.
- Dec 28, 2020 12:53 PM IST
The light commercial vehicles (LCVs) segment has started to recover as they provide last mile connectivity and because of increased e-commerce activities but medium and heavy commercial vehicle (MHCV) sales are unlikely to recover before the fourth quarter of 2021-22, it said.
- Sep 08, 2020 02:14 PM IST
Fitch Ratings too on September 8 projected a massive 10.5 percent contraction of India's GDP in the current financial year.
- Aug 19, 2020 04:45 PM IST
Over 60 percent of Rs 8.4 lakh crore could turn into NPAs, and the restructuring will help banks' bottomlines as the money to be set aside as provisions will be lower
- Jul 17, 2020 08:48 PM IST
India Ratings and Research Chief Economist DK Pant said the pandemic hit at a time when the Indian economy was already experiencing a slowdown due to weakness in consumption demand
- Jul 06, 2020 04:15 PM IST
This will take the cumulative quantum of delinquencies to Rs 4.21 lakh crore or about 11 percent of overall debt, India Ratings and Research said in its report.
- May 26, 2020 03:50 PM IST
Finance Nirmala Sitharaman earlier this month announced Rs 90,000 crore liquidity infusion for discoms, saying that they owe Rs 94,000 crore to power generation companies.
- May 19, 2020 08:25 PM IST
In order to support NBFCs, the government had announced steps such as Rs 30,000 crore of special liquidity scheme for NBFCs, housing finance companies and micro finance companies, Rs 45,000 crore of partial credit guarantee scheme and Rs 50,000 crore equity infusion for MSMEs through Fund of Funds, among others.
- Apr 27, 2020 01:23 PM IST
In a note on Monday, Ind-Ra revised its economic growth estimate for the country from its forecast of 3.6 percent published on March 30, 2020 to to 1.9 percent.
- Apr 09, 2020 04:52 PM IST
Cement demand had declined in FY20, which was only the second instance of a decline in the past 15 years, after the demonetisation affected FY17.
- Mar 19, 2020 02:20 PM IST
Indian auto ancillaries and original equipment manufacturers (OEM) have about 27 percent import dependence on China for key parts and accessories.
- Mar 19, 2020 11:25 AM IST
"Ind-Ra has revised the rating watch on Yes Bank Ltd's long-term issuer rating of 'IND BB-' to RWE from RWN," Yes Bank said in a filing to the BSE.
- Mar 13, 2020 01:05 PM IST
Furthermore, if the disruption spills beyond the next 9 to 12 months, some of the higher-rated corporates could face downward pressure.
- Mar 12, 2020 01:11 AM IST
The moratorium on Yes Bank could have a transitory impact on most corporates exposed to the bank, and delays in resuming normal services may impact the near-term liquidity of some of its customers
- Mar 02, 2020 03:55 PM IST
An analysis of the top 500 debt heavy private companies by India Ratings & Research highlighted that around 16 percent of the existing corporate debt is vulnerable
- Jan 27, 2020 10:15 PM IST
Vodafone Idea reported a total mobile subscriber base of 33.62 crore and Bharti Airtel at 32.73 crore customers for November 2019.
- Jan 09, 2020 12:02 PM IST
"India will have to raise its labour productivity growth to 6.3 percent to achieve 8 percent GDP growth. And to attain nine percent growth, labour productivity growth will have to be raised to 7.3 percent," India Ratings and Research (Ind-Ra) said in a statement.
- Sep 12, 2019 11:31 AM IST
It looks like FPIs are in a risk-off mode. Equity indices of US, Euro and Emerging market have been flat-to-negative in the last three months.
- Apr 30, 2019 05:25 PM IST
The key reasons for the downward revision are the prediction of lower-than-normal monsoon for 2019 and continued agrarian distress, and the loss of momentum in the industrial output growth, especially manufacturing and electricity.
- Mar 11, 2019 06:30 PM IST
As per the rating agency, the system level credit growth of 12.9 per cent year-on-year continues to outpace deposit growth at 9.3 per cent, thereby intensifying competition for deposits among banks.
- Jan 25, 2019 09:27 PM IST
The downgrade reflects the company's communication to the exchanges about the non-payment of interest obligations on the rated NCDs rated on the due date of January 21, 2019, the company said in a statement.