Latest Crisil Ratings News & Updates

New Delhi, May 22 (IANS) The Securities and Exchange Board of India (SEBI) has reportedly introduced a ‘one‑day‑a‑week work‑from‑home option’ for its junior employees a fortnight after Prime Minister Narendra Modi’s appeal for remote work to conserve energy.The market regulator is also considering postponing internal events to cut non‑essential travel and hotel costs as part of its effort to tackle the inflationary fallout of the US-Iran war, a report from NDTV Profit said citing s…

New Delhi, May 13 (IANS) No proposal is currently being considered to mandate work-from-home arrangements for the IT sector, after Prime Minister Narendra Modi’s appeal for reduced fuel usage to tackle the fuel price surge, government sources clarified, as per reports. The IT industry has largely adopted hybrid work models since the pandemic, and hence, no formal directive is being considered, an NDTV Profit report cited the sources as saying.Further, policy decisions related to mandatory remote…

New Delhi, May 13 (IANS) Historical analysis of oil spikes showed that they do not permanently alter India’s GDP or inflation path and the structural relationships are weak over the long run, a report said on Wednesday.The report from Bank of Baroda said that autoregressive distributed lag model analysis of crude price changes over the last 54 years does not establish any long run relationship between oil prices, GDP, CPI (Consumer Price Index) and WPI (Wholesale Price Index).Over the past 54 …

New Delhi, May 13 (IANS) The consumer price index inflation rose mildly to 3.48 per cent in April from 3.40 per cent in March, and CPI‑based inflation is expected to average 5.1 per cent in fiscal 2027, a report said on Wednesday.”While the conflict in West Asia has crossed 74 days, the upside risks to retail inflation seem to be materialising at a snail’s pace, indicating that the consumer remains largely protected so far,” the report from Crisil Ratings said.The Reserve Bank of India’s M…

New Delhi, May 11 (IANS) India’s gross domestic product (GDP) is expected to grow 6.6 per cent in fiscal 2027 while retail inflation will average 5.1 per cent in FY27 amid the geo-political tensions, a report said on Monday.Prolonged closure of the Strait of Hormuz has pushed Brent crude price forecasts up to $90‑95 per barrel from $82‑87 previously and is expected to keep crude oil prices elevated for longer, the report from Crisil Ratings said.The ongoing conflict has underscored the imp…

New Delhi, May 6 (IANS) Energy price spikes and supply constraints from the Middle East war are feeding into broader economic stress for India and marks the largest energy shock on record for India, a report said on Wednesday. The report from S&P Global India said India’s post‑COVID fiscal consolidation such as cutting the fiscal deficit from 9.2 per cent of GDP in FY2021 to 4.4 per cent in FY2025‑26 — now faces its toughest challenge. “The Middle East war represents the biggest test…

New Delhi, April 25 (IANS) India’s commercial vehicle (CV) industry is expected to touch record volume of roughly 12.4 lakh units in fiscal 2027, surpassing the previous peak of fiscal 2019, a report said on Saturday.The industry posted a strong 13 per cent rebound in fiscal 2026, and the high base will lead to moderation in growth to 5–6 per cent in FY27, the report from Crisil Ratings said.Domestic demand will remain supportive, buoyed by infrastructure-led activity, steady replacement dem…

New Delhi, Feb 24 (IANS) India’s alternate airports, built to reduce pressure on crowded metro hubs, are expected to reach a combined annual passenger handling capacity of around 40 million by the end of 2026, a new report said on Tuesday.These airports are likely to play a crucial role in handling rising air travel demand as older airports in key metro regions operate close to their maximum limits, according to a report by Crisil Ratings.The report said that over the next four financial years…

New Delhi, Feb 17 (IANS) The Reserve Bank of India’s (RBI) monetary policy committee (MPC) is likely to keep policy rates unchanged in FY27 as consumer price index (CPI) inflation is expected to see an uptick, a report said on Tuesday.The report from Crisil Ratings said that CPI inflation will rise as the food inflation normalises, adding that the non‑food inflation should remain benign, helped by lower crude oil prices and continued benefits of goods and services tax cuts in the first half of…

New Delhi, Jan 22 (IANS) Assets under management (AUM) of non-banking financial companies (NBFCs) specialising in gold loans is set to register a compound annual growth rate (CAGR) of 40 per cent between this fiscal and next, surpassing Rs 4 lakh crore by March 2027, a Crisil Ratings report showed on Thursday.According to the report, the surge will be driven by elevated gold prices, a shift towards secured credit and an evolved regulatory environment, outpacing the CAGR of 27 per cent clocked be…