Latest CareEdge Ratings News & Updates

New Delhi, April 15 (IANS) India’s wholesale price inflation (WPI) saw a rise in March, driven largely by higher global energy prices amid geopolitical tensions in West Asia, according to economists on Wednesday.Rahul Agrawal, Senior Economist at ICRA, said that the uptick was broad-based, with crude petroleum and natural gas, along with fuel and power.”Notably, these two groups together accounted for 150 basis points of the 175 basis points uptick in the headline print in March 2026 relative …

New Delhi, April 6 (IANS) India’s economic growth is expected to remain resilient in the face of rising global uncertainties, with GDP projected to expand at 6.7 per cent in FY27, a new report said on Monday.While ongoing geopolitical tensions in West Asia may create some challenges, the data compiled by CareEdge Ratings suggested that India’s macroeconomic fundamentals are strong enough to support steady growth.The analysis highlighted that the impact of the West Asia conflict on India will…

Mumbai, April 1 (IANS) Domestic policy measures and relatively stronger corporate balance sheets provide some cushion to the credit profile of India Inc but the critical question is whether these domestic levers will be sufficient to keep credit quality on course if the global environment deteriorates further, a report showed on Wednesday.Amid the emerging geo-political environment, the credit ratio for the manufacturing and services sector in India improved to 2.06 times in the second half of F…

New Delhi, March 31 (IANS) India’s alternative investment industry is set for strong expansion, with total assets under management (AUM) expected to grow to around $276 billion by 2030 from $152 billion in December 2025, a new report said on Tuesday.The CareEdge Ratings report highlighted that this momentum is likely to continue, driven by rising domestic wealth, improving financial awareness and a supportive regulatory environment.The report noted that India is on track to become the world’…

New Delhi, March 30 (IANS) Digital non‑banking finance companies’ personal loan portfolios are expected to exceed Rs. 3.6 lakh crore by FY30, implying a compound annual growth rate of 26–28 per cent during FY25–FY30, a report said on Monday.The report from ratings agency CareEdge Ratings said that the strong growth is driven by increasing digital penetration, expanding borrower segments and a supportive regulatory framework.Outstanding personal loans of digital NBFCs more than doubled to…

New Delhi, March 25 (IANS) India’s data centre capacity is expected to rise to about 4 gigawatts (GW) by FY30, providing a potential investment of Rs. 1.5 lakh crore till then, a report said on Wednesday.The report from CareEdge Ratings said India’s data centre capacity per million internet users at 1.2 megawatts per million users is lower than the global average of 5 megawatts per million users worldwide.Digitisation, cost competitiveness and rising adoption of artificial intelligence are f…

New Delhi, March 19 (IANS) India’s Infrastructure Investment Trusts (InvITs) are expected to see the industry’s assets under management grow by about Rs 1 lakh crore in FY26, a report said on Thursday.The report from CareEdge Ratings said AUM of these trusts doubled from about Rs 3 lakh crore in FY22 to roughly Rs 6.25 lakh crore by FY25.Combined leverage or total external debt to enterprise value is expected to remain at around 49 per cent in FY26, driven by higher valuations from equity ra…

New Delhi, March 10 (IANS) India Inc delivered robust performance in Q3 FY26, with net sales rising 11.4 per cent following 10 per cent growth in the prior quarter, a report said on Tuesday.Though net sales grew at a healthy pace, the growth in operating profit moderated to 12 per cent in Q3 FY26 from 15.7 per cent in the previous quarter, weighed by rising expenditure of the companies.The overall expenditure rose by 11.2 per cent in Q3, up from 8.7 per cent in the previous quarter, the report f…

New Delhi, March 6 (IANS) Credit card spending in India rose 8.1 per cent year-on-year (YoY) to Rs 2.05 lakh crore in January 2026, driven by momentum in e-commerce transactions, a report showed on Friday.The report by CareEdge Ratings also said that public sector banks (PSBs) registered a 7.1 per cent YoY growth in outstanding cards — a significant jump compared to private banks.In terms of transactions, digital payments continued to dominate credit card usage, with e-commerce accounting for o…

New Delhi, March 2 (IANS) India’s active pharmaceutical ingredient (API) market, currently valued at about $15–16 billion, is projected to grow at a compound annual growth rate of 5–7 per cent in FY27 and FY28, a report said on Monday.The report from CareEdge Ratings said the growth will be driven by favourable government policies, a structural shift toward high‑potency and complex APIs, rising domestic demand and deeper penetration into regulated and emerging markets.Indian pharma firms…