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…
Latest Crisil Ratings News & Updates
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…
New Delhi, Jan 19 (IANS) Thermal power’s share in India’s generation mix is set to drop below 70 per cent next fiscal amid a surge in renewable energy, a report said on Monday.The report from Crisil Ratings said the thermal share is expected to slip to 72 per cent in FY26 from about 75 per cent in fiscal 2025.Renewable generation is poised to log a compound annual growth rate of 18–20 per cent over this fiscal and next, driven by 75–85 gigawatt of capacity additions, amid a robust pipeli…
New Delhi, Jan 13 (IANS) There will not be any material impact on credit profiles of Indian corporates engaged in business with Venezuelan customers, given their modest exposure, a report said on Tuesday.Crisil Ratings does not expect the recent developments in Venezuela to have any material impact on India’s global trade or the credit quality of Indian corporates.“Even in the event of any escalation that disrupts crude oil production in Venezuela, the country’s relatively small share (1.5…
New Delhi, Jan 12 (IANS) Rising enrolments and fee hikes will help educational institutions in India log an 11–13 per cent increase in total income in FY26 and the next fiscal year, a report said on Monday.The report from Crisil Ratings said that this fiscal will mark the sector’s fifth straight year of double‑digit growth, driven largely by higher spending on education by households as incomes improve, the report said.It said operating margins are expected to remain steady at 27–28 per …