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New Delhi: Deposit growth at banks is expected to be adequate in FY26, facilitating credit growth of 11–12 per cent buoyed by enhanced liquidity from regulatory measures, a report said on Friday. The report from ratings agency Crisil noted that decreasing household participation in term deposits and a reduction in current account and savings account…
New Delhi: Indian diamond and jewellery exporters are looking to set up production units in friendly countries to avoid the impact of US tariffs and maintain competitiveness in the American market, according to industry insiders. However, despite the anticipation of industry insiders, no significant player has officially announced such a move so far. …
New Delhi: India Inc revenue will likely grow 6-7 per cent this fiscal because of the reduction in the goods and services tax (GST) rates, as per Crisil Intelligence’s latest report. However, the anti-profiteering rule in the GST system may prevent companies from seeing a major increase in profit margins, the report added. …
New Delhi: India’s real investments grew at an average of 6.9 per cent annually between fiscals 2021 and 2025, outpacing the country’s gross domestic product (GDP) growth of 5.4 per cent in the same period, a new report said on Monday. The report by Crisil, titled ‘The Road Ahead for Investments’, said India’s investment rate…
New Delhi: A Crisil report on Monday projected India’s gross domestic product (GDP) to grow at 6.5 per cent this fiscal (FY26), supported by improving domestic consumption, among other positive indicators. The Crisil Intelligence’s near-term outlook report suggested US tariff-related global uncertainty as the top risk to India’s growth. “However, growth is expected to be…
New Delhi: Given that India has much higher tariffs than those imposed by the US, the impending Bilateral Trade Agreement (BTA) — which would reduce tariffs — is set to increase US exports to India more than vice versa, according to an analysis by Crisil. India would be able to import more energy products, certain…
New Delhi: Crisil on Thursday forecast India’s gross domestic product (GDP) growth at 6.5 per cent in fiscal 2026, adding that improving domestic consumption is likely to support industrial activity. “We expect domestic consumption demand to improve driven by healthy agricultural growth, easing inflation supporting discretionary spend, rate cuts by the Reserve Bank of India…
Mumbai: Global credit rating agency Crisil has placed IndusInd Bank’s long-term debt instruments on ‘Rating Watch with Negative Implications.’ This includes Rs 4,000 crore worth of tier II bonds and Rs 1,500 crore of infrastructure bonds. The move comes after a series of recent developments at the bank that have raised concerns about its internal…
Hindi News Business Veg Thali Cost Jumps 6% Year on year In December On Pricey Potatoes And Tomatoes New Delhi29 minutes ago copy link The price of a vegetarian thali in India rose 6% (on-year) to Rs 31.60 in December. Last year in December 2023, the price of veg thali was Rs 29.70. CRISIL gave…
Hindi News Business Food Prices, Veg Thali Cost Goes Up 11% In September Due To High Vegetable Prices, CRISIL RRR, Roti Rice Rate, Report New Delhi25 minutes ago copy link The price of a vegetarian thali in India rose 11% (on-year) to Rs 31.3 in September. Last year in September 2023, the price of veg…