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The Latest Breaking News from Crisil

Road InvITs AUM to grow 30 pc this fiscal, led by asset monetisation surge: Report

Road InvlTs assets will grow 30 percent this fiscal year, leading to an impressive Rs3.9 lakh crore in assets managed by March 2027. The growth is driven by monetisation of toll road assets by NHAI and hybrid annuity model asset sales. Investor pool is widening and leverage is controlled. This…

The Economic Times

Healthy, timely and well-distributed rains can boost agriculture incomes by bolstering rural demand: CRISIL report

As the southwest monsoon made an early debut in Kerala and the northeast, the anticipation and anxiety surrounding this year's rainfall season are palpable. Read further on Dynamite News:

Dynamite News

Andhra Pradesh landed in a debt trap due YSRCP government’s policies, alleges TDP leader Yanamala Ramakrishnudu

TDP leader Ramakrishnudu criticizes YSRCP govt. for failing to contain damage caused by its own policies. CAG & CRISIL warned of financial disaster & AP's rank slipped to 11 in FY-23. Govt. surviving on overdraft & painting rosy picture. Jagan Mohan Reddy obsessed with disbursing money & diverted sub-plan funds.…

The Hindu

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Purandeswari dares Jagan Mohan Reddy government to reveal names of proprietors of liquor manufacturing companies

Ms. Purandeswari said the liquor being sold in AP contained harmful substances causing kidney disease, liver cirrhosis, pancreatitis etc. which were ultimately causing death.

The Hindu

Technopark achieves CRISIL A+/Stable rating for third consecutive year

The Hindu

Explained | Why was a 40% duty imposed on onion exports?

In order to increase the availability of onions in the market, the government on August 19 imposed a 40% duty on the export of onions until the end of the year. Read on The Hindu why was a 40% duty imposed on onion exports?

The Hindu

Avail a Loan Against Property at Low Interest Rates from Bajaj Finance

Bajaj Finance Ltd., one of India's leading non-banking financial companies has extended a big opportunity for individuals looking for substantial financial support. Read further on Dynamite news:

Dynamite News

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UK firm given £430m green transition loan then expanded oil and gas business

Exclusive: Wood Group boosts fossil fuel business and shrinks renewables work after getting government-backed loan

The Guardian - UK

5G rollout in India fastest in the world, officials say

Union Minister Ashwini Vaishnaw stated India had the fastest 5G rollout since October 2021

TechRadar

More financial burden for the common man: Amid rising food prices, expect another rate hike by December

NEW DELHI: The Reserve Bank of India (RBI) may be forced to raise repo rate yet again in December with retail inflation rising to 5-month high of 7.41% in September, mainly on account of rising food prices.

The Times of India

‘Tangedco cleared significant outstanding dues to Adani Green Energy’

As per a financial transaction, the firm had receivables due of ₹514 crore from Tangedco

The Hindu

Revised MSPs still about 47% lower for most of the 14 crops under scheme: Report

MUMBAI: If the very low extent of procurement under the MSP is any indication, the very scheme is inefficient, given the low intake and massive price differences between the support and market prices, according to a Crisil analysis.

The Times of India

Will RBI's rate hike really tame inflation?

NEW DELHI: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) raised the policy rates by 50 basis points (bps) on June 8, following the inter-meeting hike of 40bps in May. This has brought the repo rate to 4.90%. The back-to-back hikes signal that inflation has been reinstated as…

The Times of India

Price rise keeps consumers off entry-level cars

During FY22, premium car sales grew 38% year-on-year, while sales of lower-priced cars rose by about 7%

The Hindu

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Newslaundry

India's newspaper industry likely to report 20% growth in revenue next fiscal: Crisil report

India's print media industry is likely to report revenue growth of 20 percent in the next fiscal year, according to a report by rating agency Crisil. The likely growth in revenue from Rs 18,600 crore in fiscal 2021 to Rs 27,000 crore will be driven by recovery in its two…

The Times of India

New rating assignments in investment grades instruments improve: Report

MUMBAI: Since June 2019 when Sebi had issued a wider set of disclosure norms for external credit rating agencies (ECRAs), new rating assignments in investment grades instruments have improved from 25.3 percent in FY19 to 60 per cent in January 2022, reflecting the improved corporate health in investment category, says…

The Times of India

India likely to grow at 7.8% in FY23 with risk tilted towards downside: Report

NEW DELHI: Indian economy is expected to grow by 7.8 per cent in 2022-23, mainly driven by the government's drive to push infrastructure spending and likely increase in private capital expenditure, rating agency Crisil said on Thursday.

The Times of India

LIC market share unparalleled globally with highest ROE of 82%

NEW DELHI: Despite the global life insurance market contracting 3% due the pandemic, India's largest IPO-bound national insurer currently offers the highest return on equity at 82 percent amongst all its global peers, according to a report by rating agency Crisil.

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