India Ratings expects local steel demand to rise 3-5% in FY'15

Last Updated: Friday, January 17, 2014, 16:27

India's steel demand is expected to go up by 3-5 percent in the next financial year on higher economic growth although margin pressure would continue due to high production costs and limited scope to pass them on to customers.

India Ratings pegs GDP at 4.9%; projects improvement in FY15

Last Updated: Tuesday, January 14, 2014, 15:25

India's growth rate is expected to slip to 4.9 percent in the current fiscal but will improve significantly to 5.6 percent in 2014-15, India Ratings said Tuesday.

'Top 100 cos may see Rs 2.1-tn debt refinancing in next 5quarters'

Last Updated: Thursday, January 9, 2014, 17:25

A whopping Rs 2.1 trillion debt from the top 100 corporates are due for refinancing in the next 12-15 months and lenders might have a tough time dealing with the issue as nearly half of this debt mount is from corporates in stress or facing high risks, says an India Ratings report.

New banks will need fresh models to succeed: India Ratings

Last Updated: Sunday, December 29, 2013, 13:35

"If money was to be made in rural banking within the existing framework, people would have rushed there," India Ratings CEO Atul Joshi said, adding that the banking business is set to go through interesting times with the entry of new players in coming months.

Investments to gain momentum post polls: India Ratings chief

Last Updated: Wednesday, December 25, 2013, 16:16

Foreign investments are set to gain momentum after 2014 general elections, but a 'magic' work is unlikely for the overall economy in the immediate future, says India Ratings' chief Atul Joshi.

Right sentiments needed to push Re to 55-level: India Ratings

Last Updated: Sunday, December 15, 2013, 12:32

Rupee needs a major push of positive sentiments to move back to Rs 55 level against the US dollar, but that is likely only after March or post general elections, India Ratings chief Atul Joshi feels.

CV loan stress hits new peak at 3% in Q2: India Ratings

Last Updated: Friday, December 6, 2013, 15:25

Vintage (long maturities) CV loans defaulted faster than other vintages in the year.

Exports growth unlikely to benefit all sectors: India Ratings

Last Updated: Monday, December 2, 2013, 19:27

Given the tentative nature of recovery in global demand, it is expected that all exporting sectors will not be uniformly benefitted, India Ratings & Research (Ind-Ra) said Monday.

PSU banks to depend on govt for equity infusion: India Ratings

Last Updated: Tuesday, November 12, 2013, 22:44

Falling internal accruals and pressure to grow loan portfolio will make public sector banks depend more on the government for capital, a rating agency said in a report Tuesday.

India's FY'14 GDP growth to be 4.9%: Report

Last Updated: Wednesday, October 23, 2013, 14:05

India Ratings & Research (Ind-Ra) expects India's GDP growth to remain sluggish at 4.9 percent in the current financial year, due to a mix of domestic and external factors.

Food inflation may linger despite good monsoon: India Ratings

Last Updated: Tuesday, October 15, 2013, 19:17

Despite favourable impact of monsoon, the sharp decline in overall inflation is unlikely in near future, rating agency India Ratings & Research said on Tuesday.

'Interest rate cuts not to boost festive season auto sales'

Last Updated: Tuesday, October 15, 2013, 17:44

The recently announced reduction in auto loan interest rates by certain public sector banks is not likely to have a meaningful impact on auto sales, India Ratings said in a report Tuesday.