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…
Latest CareEdge Ratings News & Updates
Mumbai, Feb 17 (IANS) The Indian leather sector is set for significant expansion, targeting a $50 billion turnover by 2030, supported by rising export momentum and increasing domestic consumption, according to a CareEdge Ratings report released on Tuesday.CareEdge Ratings notes that India’s Union Budget 2026–27, along with the completion of the India–European Union (EU) Free Trade Agreement (FTA) as of January 27, and the recent cut in US import tariffs, collectively create a positive po…
Mumbai, Feb 6 (IANS) The Reserve Bank of India’s (RBI) decision to keep the policy rate unchanged reflected a favourable assessment of growth and inflation dynamics, economists said on Friday.The RBI MPC, in its first monetary policy review of 2026, kept the repo rate unchanged at 5.25 per cent.Analysts welcomed the pause on rate hikes and said they expect the RBI to maintain an extended pause, due to positive cyclical upswing and confidence from successful conclusion of multiple trade deals.Rad…
New Delhi, Jan 25 (IANS) As the government prepares to present the Union Budget 2026-27, data from 2010-2022 shows that markets often trade lower ahead of the event due to fear of policy surprises, though post-budget rebounds are common — with an average 1.36 per cent gain in the following week, according to market watchers.This pre-budget weakness is attributed to elevated volatility, as seen in the average 2.65 per cent intraday trading range on budget day itself, they said.Over the past 15 …
New Delhi, Jan 23 (IANS) India’s gross tax revenue is projected to improve in FY27, rising by 9.6 per cent, marginally lower than projected nominal GDP growth of 10.1 per cent, a report said on Friday.The report from CareEdge Ratings said that direct tax collections are expected to see some improvement in FY27, aided by recovery in income and corporate tax collections.The government’s capex is projected to grow 10 per cent to Rs 12.3 trillion in FY27, while the fiscal deficit is expected to be b…
New Delhi, Jan 7 (IANS) India’s insurance sector is poised to benefit significantly after Parliament cleared the Insurance Laws (Amendment) Bill, 2025, a move that allows 100 per cent foreign direct investment and eases entry norms for global reinsurers. The reforms are expected to improve access to capital, support solvency requirements, boost competition and strengthen the overall insurance ecosystem, especially for smaller and mid-sized insurers, as per Insurance Asia report.The bill raises…
Mumbai, Dec 31 (IANS) India’s hospital industry is set for strong and sustained growth over the next few years, with revenues expected to rise at a healthy pace of 11–12 per cent annually, a new report said on Wednesday.The growth will be driven by rising healthcare needs, higher insurance coverage, increasing medical tourism, and fresh investments in hospital infrastructure, according to data compiled by CareEdge Ratings.A key reason behind this optimistic outlook is India’s long-standing…
New Delhi, Dec 29 (IANS) India’s petrochemical consumption growth is expected to remain robust at 6-7 per cent per annum in the medium term, driven by economic expansion and downstream product demand, according to a report released on Monday.Against this backdrop, reducing reliance on imports is viewed as a key strategic aim. Consequently, both public and private-sector companies have developed aggressive plans to increase their petrochemical capacity, said the CareEdge Ratings report.Polyprop…
New Delhi, Dec 22 (IANS) India’s GDP growth is expected to grow 7.5 per cent in FY26 and 7 per cent in FY27, a report said on Monday, adding that 8.3 per cent nominal GDP growth is likely this fiscal.The report from CareEdge Ratings said that healthy FY27 growth is supported by a possible US‑India trade deal, low inflation, low interest rates and tax relief.Further, the optimistic capex outlook, as evidenced by the strong order books of the capital goods companies, also bodes well for the inve…