Disbursements also picked up, necessitating incremental funding requirements. More than 130 financing entities securitised their assets in the past 12 months
There has been a spate of incidents where electric vehicles have caught fire, with the recent one reported from Nashik in Maharashtra
ICE-powered vehicles to pinch more
The opportunity includes potential revenue of Rs 1.5 trn across vehicle segments for vehicle makers, component manufacturers and Rs 90,000 crore in form of disbursements for vehicle financiers.
Stick to it, even if it lags its tier-I benchmark and category average
This is as per an analysis of 82 of them rated by Crisil Ratings, which accounts for 40 per cent of the sector's revenue
Margins will continue in the 10-12 per cent range in FY23 as well
According to CRISIL Research, base metals are currently at their highest levels since 2008, while steel prices in Europe are at an all-time high
The fund has outperformed the benchmark (S&P BSE 500 TRI) and its peers (funds ranked under the ELSS category in December 2021 CMFR) in the past 1-, 2-,3-,5-, 7- and 10-year trailing periods
In an exclusive interaction with Arup Roychoudhury, CRISIL Chief Economist D K Joshi said the spike in commodity prices due to the war in Europe would impact household inflation. Listen in
In a Q&A, he says the Ukraine war-led spike in commodity prices will impact household inflation, and that the capex thrust by the Centre and states may take a slight hit
India's gross domestic product (GDP) growth is expected to come in at 7.8 per cent in fiscal 2023, said ratings agency Crisil.
The country is expected to register a growth rate of 8.9 per cent in the current fiscal ending March 31
A significant reduction in mobility in the second half of 2021-22 will restrict growth in toll road traffic on national highways to a moderate 7-9 per cent for the full year, Crisil Ratings said
CRISIL improved its rating on Vedanta Ltd. on account of stronger than expected operating profitability due to high commodity prices in FY22.
Steady demand for both VAP and liquid milk is likely to lead to 5-6% growth next fiscal as well in line with the pre-pandemic trend: Crisil Ratings report
'Three consecutive years of decline will take two-wheeler sale volumes back to the fiscal 2014 level and it may take 3-4 years to reclaim the peak sales volume of 2.11 crore seen in 2019'
Shares of the Manyavar-brand owner Vedant Fashions to debut on the bourses on Wednesday.
Amid FY23 Union Budget's focus on investments, leading domestic credit rating agency Crisil on Wednesday said that the capital expenditure is "not as high as it sounds". It, however, was quick to add that considering that governments usually tend to cut capex during a crisis, the government has maintained its focus on growth-spurring initiatives amid the pandemic. The research wing of the agency said, if one excludes the Rs 1 lakh crore of loans to states for capex included in the headline figure of Rs 7.50 lakh crore or 2.91 per cent, the actual spend in FY23, will go down to 2.58 per cent of GDP, which is barely at par with the revised estimate of FY22. The report also pointed out that the overall number showing a rise has been 'offset' through a reduction in internal and extra budgetary resources (IEBR), which funds capex of central public sector enterprises (CPSEs). IEBR has been budgeted at 1.82 per cent of GDP for the next fiscal, much lower than the pre-pandemic average ...
The Indian economy is staging a gradual recovery, but the environment - both local and global - remains challenging given the upside risks to inflation