Demand is expected to increase further by 6-8 per cent in FY23, driven by healthy demand growth in the liquid petroleum gas (LPG) and naphtha segments
CRISIL expects revenue of road EPC players to grow 10-12 per cent and margin to remain range bound at 13.5-14 per cent
A rise in the prices of natural gas and other raw materials is expected to raise the Centre's fertiliser subsidy bill by 62 per cent to Rs 130,000 crore in FY22, Crisil Ratings said.
Small and medium enterprises (SMEs), which account for 60-65 per cent of the health care delivery market, stand to benefit
Draft open access norms circulated by Ministry of Power can be a tailwind for new renewable energy projects in the country, CRISIL said on Thursday. "The Draft Electricity (promoting renewable energy through Green Energy Open Access) Rules, 2021, announced by the Ministry of Power, if implemented as is, could improve the certainty of cash flows for new renewable energy projects coming up through this route," it said. In India, power distribution happens through three modes state distribution companies, captive sources and open access. Under the open access route, which had a total installed capacity of 11 GW as on March 31, 2021, renewable power producers sell electricity directly to commercial and industrial (C&I) consumers. These consumers pay open access charges to state distribution companies (discoms). Such open access projects are hobbled by state-level policy changes that make returns uncertain, it pointed out. The draft rules aim to provide clarity on such open access ...
The 100 billion dollar information technology services sector will stage a strong recovery this fiscal with revenue growth of 10 to 11 per cent, according to Crisil Ratings
The rating agency said the asset monetisation potential is supported by healthy investor interest either through investment at asset level, or infrastructure investment trusts (InvITs).
The ongoing Covid-19 pandemic has spurred demand for bicycles
The automotive components sector will see revenue rebound 21 to 23 per cent next fiscal: Crisil
Delays in power supply agreements (PSAs) for 7 GW of the bid out renewable energy projects is one of the main reasons that may lead to 35 per cent shortfall in 160 GW renewable energy capacity target
Hospitals to gain most with up to 3.5% dip on cost of funds; may add half a million beds, says rating agency
FY21 volumes below Rs 1 trn as against Rs 1.9 trn in FY20
NBFCs focused on gold loans and mortgages will be the least affected by the setbacks, Crisil report said
Six of 42 sectors covered by study are highly sensitive to a pandemic resurgence, while 20 are moderately sensitive
Broking industry revenue growth to moderate in FY22, rise in volatility and regulatory changes could weigh on volumes
The cement industry is set to hit a decadal high volume growth of 13 per cent in the next fiscal
Mutual fund assets bounced back from the decline witnessed in January
India's GDP growth to be at 11 per cent in fiscal 2022, says report predicting two-phase economic recovery
Net leasing of commercial office space across the country will grow 12-18 per cent to 25-30 million square feet (msf) next fiscal, a CRISIL analysis showed
The supply of corporate bonds in the domestic market is expected to double by fiscal 2025 with the financial sector contributing around 50 per cent to this growth, Crisil said