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The Latest Breaking News from India Ratings

Unorganised sector contracted 0.2 pc since FY16, claims Jairam Ramesh citing India Ratings report

"Unorganised sector contributes 44+% to India's Gross Value Added (GVA). The unorganised sector grew at 7.4% Compound Annual Growth Rate (CAGR) between FY11 and FY16, but has suffered an average yearly contraction of 0.2% since then," the senior Congress leader said. Read further on Dynamite News:

India’s fiscal deficit may breach 5.9% of GDP target: India Ratings and Research

India’s fiscal deficit may breach 5.9% of GDP target: India Ratings and Research

India's fiscal deficit may exceed 5.9% of GDP due to higher-than-budgeted revenue expenditure and lower-than-budgeted GDP.

State’s capex increased 31.7% in first half of fiscal 2023-24

State’s capex increased 31.7% in first half of fiscal 2023-24

Tamil Nadu's capex rose 31.7% in 1HFY24, with COTE ratio at 11.3%. All States' COTE ratio highest since 1HFY17 at 13.5%. Govt monitoring progress of capital works to spur growth.

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‘We will be finished’: Modi manufacturing plan squeezes small Indian firms

Incentives to big manufacturers aimed at challenging China are threatening small businesses, India’s economic backbone.

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:

Tangedco’s losses narrowed in fiscal 2023 after tariff revision, says ratings firm

Tamil Nadu Generation and Distribution Corporation Limited’s (Tangedco) net loss narrowed in fiscal 2023, after the tariff revision which came into effect from September 10 last year, according to a ratings report.

Indian firm with few assets and 'junk' credit rating in the middle of WA's growing energy crisis

At the centre of a deepening energy crisis in Western Australia sits an obscure Indian company with next to no assets and a credit rating deemed as junk by a ratings agency.

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‘Tangedco cleared significant outstanding dues to Adani Green Energy’

‘Tangedco cleared significant outstanding dues to Adani Green Energy’

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

Bank loans of Tangedco moved out of Rating Watch Negative category

Bank loans of Tangedco moved out of Rating Watch Negative category

It was removed due to prolonged resolution period of insolvency cases at the National Company Law Tribunal

GST has not boosted states' tax collections: Report

GST has not boosted states' tax collections: Report

MUMBAI: Domestic ratings agency India Ratings on Monday said the GST has not helped states achieve the key objective of boosting their tax revenue.

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