Crisil cuts India's FY 2020 GDP growth forecast to 6.3%

Just a week back, a plunge in domestic private consumption demand, slump in manufacturing, halving of merchandise exports growth, and a high-base effect from last year gnawed away at first-quarter growth which came in at 5 per cent.

Sep 05, 2019, 12:37 PM IST

Indian telcos may need to invest Rs 1 lakh cr on optical fibre in 2-3 years for 5G: Crisil

It is estimated that less than 10 per cent of mobile towers in the country are connected with optical fibre and, hence, cannot support high-speed data required for 5G services.

Jun 25, 2019, 10:11 AM IST

DHFL makes Rs 962 crore payment towards NCDs, to seek ratings upgrade

Crisil and ICRA had downgraded ratings on DHFL's commercial papers (CPs) worth Rs 850 crore last week, citing delay in payments.

Jun 12, 2019, 10:23 AM IST

Bihar fastest growing state in FY18, Andhra Pradesh 2nd and Gujarat 3rd: report

Uttar Pradesh, Karnataka and Bihar were the biggest spenders overall, while Rajasthan, Jharkhand, Uttar Pradesh and Telangana were among the states that spent a major part of their budget on capex. 

Jan 24, 2019, 07:45 AM IST

Crisil pegs FY20 growth marginally high at 7.3%

In FY19, Crisil expects GDP to grow at 7.2 percent.

Jan 23, 2019, 17:07 PM IST

12 large state failed on jobs, despite faster growth: Crisil

The Crisil report comes in the immediate backdrop of a report by the independent think-tank Centre for Monitoring Indian Economy which said as many as 1.1 crore jobs were lost in 2018 alone.

Jan 22, 2019, 10:44 AM IST

New e-comm rules may help boost topline for offline retailers by upto Rs 12,000 cr: CRISIL

These norms, which are effective February 1, would hit Amazon and Walmart-backed Flipkart the hardest.

Jan 15, 2019, 15:45 PM IST

CRISIL downgrades rating of Vodafone Mobile Service's NCDs worth Rs 6K cr

The rating for commercial paper programme has been re-affirmed at CRISIL A1+.

Nov 30, 2018, 12:41 PM IST

Runaway oil prices to test Modi government in 5th year: Crisil

A raft of reforms and repair, disruptions, and slowing growth has also dominated the first four years.

May 25, 2018, 12:26 PM IST

Indian e-retail sector to grow 250% in next 3 years: Report

The e-retail industry is expected to continue its strong run, growing over 2.5 times to Rs 1.8 trillion by fiscal 2020.

Feb 19, 2018, 18:22 PM IST

Indian economy has entered into consolidation phase, says Arun Jaitley

Finance Minister Arun Jaitley said on Saturday that the economy has entered into a phase of consolidation after a series of "structural reforms" which were initiated in the past two years.

Feb 03, 2018, 15:45 PM IST

'India Inc's topline growth to hit 5-year high of 9% in Q3'

Crisil said profits will continue to contract, primarily due to the rising commodity prices.

Jan 10, 2018, 14:36 PM IST

Bleeding telcos, input cost to cap Q2 scorecard for India Inc

Prasad Koparkar said the analysis does not include the performance of the banking and finance companies and oil & gas.

Oct 05, 2017, 20:31 PM IST

H1 credit ratio improves massively, trend may sustain: Crisil

Barring the stressed assets, the rating agency expects the corporate credit quality to continue recovering, driven by further improvement in balance sheets.

Oct 03, 2017, 19:10 PM IST

Indian banks face $37 billion hit from top 50 stressed assets: CRISIL

Indian banks may have to write off 60 percent of the value of bad loans from their 50 large stressed asset accounts, or a hit of 2.4 trillion rupees ($37.31 billion), ratings agency CRISIL said on Wednesday.

Jul 19, 2017, 16:58 PM IST

GST regime to boost organised jewellery retailers: CRISIL

Currently, the unorganised player's annual revenue estimated by CRISIL at about Rs 2.85 lakh crore.

Jun 30, 2017, 16:14 PM IST

Banks may have to take 60% haircut on 12 largest NPAs: Crisil

The strong steps taken by Reserve Bank to resolve NPAs are likely to raise provisioning by a whopping 25 per cent this year as lenders will take up to 60 percent hair cut while resolving these accounts.

Jun 26, 2017, 16:46 PM IST

GST: Crisil says 6 months required for stability, benefits in 3 years

Domestic ratings agency Crisil has said it will take six months for industrial stabilisation after GST is introduced but gains of the biggest indirect tax reform will take up to 3 years to materialise.

May 20, 2017, 11:14 AM IST

Telecos to bleed this year as well due to Jio: Crisil

Due to intense competition triggered after launch of Reliance Jio, top three telecom companies are set to face the heat in fiscal 2018 as well, as per a report by rating agency Crisil released on Monday.

Apr 24, 2017, 16:44 PM IST

Liquor ban on highways to affect 30% premium hotels: Crisil

The ban on alcohol sale within 500 metres of highways will impact up to 30 percent of premium hotels.

Apr 14, 2017, 22:07 PM IST