Growth would still be higher by about 1-2% over fiscals 2020 and 2021. But it would be slower than the broad-based 24% logged between fiscals 2011 and 2019
The cumulative value of deals executed in the first nine months of this fiscal stood at approximately Rs 80,000 crore
Rating agency's report highlighting reasons for upgrade pointed at the improvement in financial risk profile, supported by debt reduction
CRISIL's affordability index, MAHTI- which is the minimum income a household requires to buy a house in a city - has improved across all cities.
Credit profiles seen stable, given strong accruals and investor interest
Credit outlook largely stable for cotton yarn and readymade garments players
But exports to stay under the weather; credit outlook remains stable
Within banks, credit issued to the retail segment, which was up 4 per cent as of October 2021, is expected to log 12-14 per cent growth this fiscal
A strong revival in consumer spending amid waning impact of the Covid-19 pandemic will help the paper packaging industry bounce back with a revenue growth of 15% this fiscal
Next fiscal year, steel demand is expected to grow at a moderate pace of 6.5-7.5%, led by further pickup in construction activity
Commercial vehicle (CV) volumes are expected to rise 20-22 per cent this fiscal, aided by economic recovery and the government's infra spending.
Suyash's appointment, for five years, will be effective from Jan 24, 2022
Freight rates for mining, cement, and steel have seen some corrections on-month in November as infrastructure-building activities were subdued, ratings agency Crisil said.
The rise in price has been attributed to inputs commodity cost pressure such as coal and diesel supported by rising demand
Asset quality pressures vary across asset classes. While home and gold loans have been relatively less affected, unsecured credit and SME loans faced brunt
Revenue growth of India's pharmaceutical sector is expected to "moderate" to 9 per cent in FY22, as compared with a healthy rise of 12.5 per cent during the previous fiscal, Crisil said
The gap widened in rural areas in October relative to September as inflation for the bottom 20 per cent fell more
The fund's investment objective is to provide capital appreciation by predominantly investing in companies having a large market capitalisation
The ratings agency has withdrawn the rating of Spicejet and put it under "non-cooperative" category
Rating agency says tepid response despite second wave reflects positive turn in demand outlook, and anxiety about negative stakeholder perception of restructured firms