Page 2 India Ratings: Latest News and Updates, Top Stories, Videos, Photos About India Ratings

FY23 Outlook: States’ Deficit Quality Likely to Improve; Ind-Ra

India Ratings and Research (Ind-Ra) has revised the outlook on the finances of Indian states to improving for FY23 from neutral. The agency expects the aggregate fiscal deficit of states for FY23 to come in at 3.6% of the gross domestic ...

Higher Transfers from Government To Give a Leg-up to States’ Capex: India Ratings

India Ratings and Research (Ind-Ra) expects capital expenditure by states to get a push from the capital outlay of INR1 trillion in the FY23 Union Budget under the ‘Scheme for Financial Assistance to States for Capital Investment'. "States are ...

FY23 Power Outlook: Demand to Grow and Support Thermal PLFs: IndiaRatings

India Ratings and Research (Ind-Ra) has maintained a neutral outlook for the power sector for FY23, as it believes the overall plant load factor (PLF) of thermal power plants would continue to improve and reach closer to 60% in FY23. {image-discoms-1589629541.jpg ...

Omicron Spread To Be Less Disruptive For Hotel Sector: IndiaRatings

India Ratings and Research (Ind-Ra) opines that increasing intensity of the third covid wave in India could meaningfully impact the operating metrics of hotels across sub-segments and regions in 4QFY22, but the level of disruptions will be limited in 1QFY23. Since ...

Union Budget Stays Focused On Demand-Side Push To Economy: IndiaRatings

Although the Economic Survey 2021-22 highlighted the importance of the supply-side measures/ reforms in the ongoing economic recovery and somewhat underplayed the importance of the demand-side management, the Union Budget FY23 has renewed its focus on demand side. Quite contrary to ...

Union Budget 2022-23: Fiscal Consolidation To Be Gradual And Calibrated Process

India Ratings and Research (Ind-Ra) expects the Union Budget FY23 to (i) consolidate and strengthen the plan and contours set out in the FY22 union budget, rather than trying out new things, (ii) continue with the revenue and capital expenditure pattern ...

Power Demand Improvement Slowed Down In November: India Ratings

India Ratings and Research (Ind-Ra) has published the December 2021 edition of its credit news digest on India's power sector. The report highlights the trends in the power sector, with a focus on capacity addition, generation, transmission, merchant power, deficit, regulatory ...

Fiscal Deficit In FY22 To Come An At 6.6% of GDP: India Ratings

India Ratings and Research's estimation shows that higher tax and non-tax revenue collections this fiscal are expected to more than offset the shortfall in disinvestment revenue, leading to the fiscal deficit coming in at 6.6% of GDP in FY22, 20bp lower ...

High Commodity Prices To Turn Current Account Into Deficit At 1.3% Of GDP: India Ratings

India Ratings and Research (Ind-Ra) expects the commodity price led high trade deficit in 2QFY22 to turn the current account (CA) into deficit in 2QFY22. However, a stable services trade surplus of USD24 billion would help rein in the CA deficit ...

India Pharmaceutical Market Reports 5.0% YOY Growth In October 2021: Ind-Ra

India Ratings and Research (Ind-Ra) opines the 5.0% yoy revenue growth in India's pharmaceutical market (IPM) during October 2021 was due to price increases, as volumes were impacted due to lower COVID-19 product sales and a higher base impact. "Acute ...

Chip Shortage to Limit Passenger Vehicle OEMs’ Growth: India Ratings

India Ratings and Research (Ind-Ra) has revised its growth estimates for the auto passenger vehicle (PV) segment to 15%-18% yoy during FY22 from 18%-22%, while further downside risk remains. "Any normalisation in production remains contingent on a softening of demand ...

Strong Growth Likely For e-2Ws Over FY22-FY25: India Ratings

"As e-mobility penetration is likely to be more in scooters, e-scooters sales as the overall percentage of total scooter sales would be much higher at 20% -25%. This growth, the agency expects, would majorly be driven by the reducing delta between ...

India Ratings News