India Ratings News

India Rating has raised India's GDP growth estimate for FY24 to 6.2% from earlier forecast of 5.9%. The uptick in forecast is supported by a host of factors such as sustained government capex, deleveraged balance sheet of corporates, and new private ...

India Ratings and Research (Ind-Ra) believes owing to the diverging growth-inflation dynamics between advanced economies (AEs) and India, domestic interest rates more likely to be guided by domestic factors such as growth, pro-active supply side management by authorities and higher sensitivity ...

India Ratings and Research (Ind-Ra) has maintained an improving outlook for the residential real estate for FY23, expecting the growth and recovery momentum in the market (witnessed in FY22) would continue into this fiscal. Between adapting to the pandemic's impact, industry ...

India Ratings and Research (Ind-Ra) expects the current account deficit (CAD) to come in at the second-highest level of USD23.6 billion (2.8% of GDP; 13-quarter high) in 3QFY22 as against a deficit of USD9.6 billion (1.3% of GDP) in 2QFY22 (3QFY21: ...

India Ratings and Research (Ind-Ra) highlights that the Indian pharmaceutical market (IPM) delivered strong growth of 13.9% yoy in January 2022, against the slower growth (yoy) reported in the last three months (December 2021: 5.3%; November 2021: 6.6% and October 2021: ...

India Ratings and Research (Ind-Ra) has maintained a neutral sector outlook and a Stable rating Outlook for non-banking finance companies (NBFCs) for FY23. Ind-Ra believes FY23, in absence of any negative event, would see normalisation of business activities, after facing challenges ...

India Ratings and Research (Ind-Ra) has published the January 2022 edition of its credit news digest on India's auto sector. The report highlights the trends in the sub-segments of the auto sector, including passenger vehicles (PVs) and two/three-wheelers (2W/3Ws), with a ...