April was worst, with near zero collection
The top-10 Crisil-rated malls have a total rated debt of Rs 4,200 cr and a high DSCR of 1.5 times, so impact on their credit quality is likely to be limited in the near term, the agency says
State-wise, rains have been above normal in major crop-producing states except Rajasthan
Disbursements across segments are expected to fall by 50-60 per cent as the adverse impact Covid-19 pandemic plays out
Without regulatory intervention, slippages could surge 300 bps
Long constrained for liquidity, MSMEs now also have to cope with loss of demand, labour shortage, and heightened risk aversion in the financial system due to the Covid-19 pandemic.
Airlines are unlikely to recoup this loss as growth is not expected to return to pre-pandemic levels of double-digit increase at least in the medium term, CRISIL Research said.
Similarly, India's air passenger traffic in the international sector is expected to plunge by 60-65 per cent, Crisil Research said
The survey was conducted between May and June this year and the credit rating firm received responses from 26 independent funds and respondents
The scheme's investment objective is to generate long-term capital appreciation by investing predominantly in equity and equity-related securities of companies across market capitalisation
This comes at a time when the GVK group is already fighting multiple battles.
CRISIL said it expected the current quarter's GDP to shrink 25 per cent year on year.
With a coronavirus vaccine still months or may be even years away, economists outside the government don't see a sustained recovery anytime soon.
Around 57 per cent of the amount - which can be classified under the head CSR - went to the PM CARES Fund
While economic slowdown, drying up of infrastructure projects and revised axle norms hit the sector badly in FY20, the coronavirus (Covid-19) pandemic has worsened the situation
The Covid crisis makes "data driven" projections inaccurate, as the past provides zero guidance for the future.
From India's first non-agri-driven recession, to Parliament missing in action, and why study suggests blood cancer patients usually survive Covid-19 - read these and more in today's India dispatch
The assessment is based on an analysis of 57 CRISIL-rated FMCG companies that account for approximately 50% of the sector's revenues
After hitting multi-year lows, metal prices have seen some gains. Though lower input costs are supportive, demand is the crucial missing piece
Business for Indian airlines stopped when the domestic and international services were first suspended in March to contain the spread of coronavirus. How will the airlines change after this crisis?