India Inc's July-Sep revenue growth seen at 16-quarter low of 5-7%
Crisil says it is due to stagnant performance in the construction vertical, which accounts for a fifth of India Inc's revenue.
Crisil says it is due to stagnant performance in the construction vertical, which accounts for a fifth of India Inc's revenue.
The survey encompasses over 800 salaried and self-employed women in 10 Indian cities.
The next seven fiscals will see the Indian economy cross the $5 trillion mark and close in on $7 trillion at an estimated 6.7% average annual growth, CRISIL says in a report.
The revision in outlook reflects the possibility of better-than-expected business risk profile if the improvement in operating profitability in fiscal 2024
According to the rating agency, the ongoing conflict in the Middle East, confined mainly to the Gaza region now, has caused only negligible disruption in India's trade so far.
The debt requirement for the MSME sector is estimated at over ₹100 lakh crore, of which around 70% is for working capital requirement, says the report.
Sector’s capital expenditure is set to rise, but credit profile of domestic stainless steel manufacturers are expected to remain healthy in FY24, says Crisil
With the leverage level low at present, developers have headroom to borrow, which would keep their credit risk profiles stable, says CRISIL Research
The government’s ambitious manufacturing scheme has set the private capex in motion but economic outcomes will take their time coming.
Instances of rating upgrades by ICRA were over three times that of downgrades in H1 FY23