The widening trade deficit poses a concern, especially with the US imposing higher tariffs on Chinese imports, potentially leading to a surge in Chinese exports to Asian markets, including India
Read MoreThe rating agency Crisil does not foresee any near-term impact on India Inc.'s credit quality
Read MoreAs per the rating agency, the projected outlay will be 1.8 times the capital expenditure during the past three financial years
Read MoreThe share of thermal power in overall power generation had increased to 73 per cent in fiscal 2024 from 69 per cent in fiscal 2020
Read MoreThis surge in global expansion is anticipated to drive an increase in revenues for both global and domestic banks providing cross-border support
Read MoreThe credit rating agency further anticipated that it expects "two rate cuts this fiscal"
Read MoreThe year saw resolution plans with recovery rates of approximately 27 per cent of the admitted claims, lower than roughly 36 per cent realized in fiscal 2023
Read MoreCrisil states that growing spiritual tourism, increased preference for micro-holidays or quick gateways, aided by improved infrastructure have led to the growth in the domestic tourism market
Read MoreThe report states that the deceleration in the growth momentum of exports in June compared to May was largely due to an 18.2 per cent contraction in oil exports
Read MoreBanks continue to be the major investors with over 90% market share in the overall securitisation market
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