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The subdued outlook is attributed to continuing global macroeconomic headwinds lead to modest increase in technology spends in the key markets of the US and Europe

Indian IT services sector staring at second straight year of muted revenue growth: Crisil

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IT sector to see muted revenue growth of 5-7% in FY25, says Crisil India’s Information Technology (IT) services sector is staring at a second consecutive...
Crisil paints a grim picture of the growing bad loans of Indian Bankswhich together form close to 40% of banks credit, are expected to see higher accretion of NPAs

Gross NPAs of banks to rise to 8-9% this fiscal year: Crisil Report

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Crisil report: Bad loans of India's banks to rise to 8-9% in current financial year The latest report by rating agency Crisil shows a grim...
A broad swath of loans given to MSME could be in trouble, says a study by CRISIL & Assocham

Bad loans of banks may cross Rs 10 lakh crore by end of this...

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Assocham-Crisil study: Indian banks could have more than ₹10 lakh crore NPAs by March 2022 In a study released by rating firm Crisil and industry...
This growth would mark a second consecutive year of single-digit revenue expansion for the sector

Indian tyre manufacturers set for 7-8% revenue growth in FY25: Report

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Domestic demand and replacement segment key drivers Indian tyre manufacturers are projected to achieve a 7-8% revenue growth in the current fiscal year (FY25), driven...
These states account for over 90% of India’s gross state domestic product

Revenue Outlook: Top 18 states set to achieve Rs.38 lakh crore with 8-10% growth,...

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Top 18 states to see 8-10% revenue growth According to a CRISIL Ratings report released on Wednesday, robust Goods and Service Tax (GST) collections and...
PSUs dominate the Indian defence industry, the revenue share of private players has been on the rise

Private defence firms in India to clock 20 pc revenue growth in FY25: Report

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Operating margin is likely to rise 50-60 basis points on sustained revenue growth Propelled by strong government impetus and the ‘Atmanirbhar Bharat’ initiative, the revenue...
Bharti Airtel and Vodafone Idea announced on Monday that it was raising prepaid tariffs by up to 25% with effect from November 26.

Signaling the end of low tariff regime in the telecom sector Bharti Airtel hikes prepaid...

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Bharti Airtel to hike prepaid tariffs by 25% Bharti Airtel announced on Monday that it was raising prepaid tariffs by up to 25% with effect...
RBI has marginally lowered the CPI inflation projection for FY24 to 5.1 percent, it has emphasized on the inflationary risks

RBI-MPC won’t cut repo rate anytime soon, not before US Federal Reserve: Experts

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MPC opts for hawkish pause, focused on 4% inflation target Reacting to RBI's Monetary Policy Committee (MPC) to maintain the status quo as regards the...
Sound policies of RBI, adherence to international regulatory norms provide Indian banking system the resilience to face the bolt of the turbulent Western winds

Amid looming global banking crisis, Indian banking system shown impressive resilience

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India is well-positioned to tackle the impact of the current US banking crisis and interest rate hikes: CRISIL report Amid the collapse of US-based tech...
Considering headwinds arising on the external front & its possible spillovers on the Indian economy, we expect GDP growth to be around 6.1% in FY24

Indian economy to grow at 7% in FY23, 6% in FY24: National Statistical Office

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Economists opine the GDP growth to moderate to 6 - 6.1 percent in FY24 On Friday the National Statistical Office (NSO) said that the Indian...

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