Page 2 - Ind-ra

Covid 2.0 restrictions to impact energy demand growth recovery: Ind-Ra

The lockdowns on account of an increase in Covid cases in various states can impact all-India energy demand growth recovery in Q1 FY22 although demand is expected to be higher due to lower base effect

Covid-19 second wave can hit energy demand in April-June quarter: Ind-Ra

Restrictions following the second wave of the COVID-19 pandemic could impact energy demand growth recovery in the first quarter of this financial year, says India Ratings and Research (Ind-Ra)

Pharmaceutical industry rebounds in March at 10.3% growth: Ind-Ra

This was led by volume growth of 1.6 per cent, price growth of 5.1 per cent and products launches at 3.6 per cent

Covid spike, local lockdowns could disrupt FPI inflows: Ind-Ra

The recent spike in Covid-19 cases could disrupt foreign portfolio investments: report

Surge in commodity prices to impact India's economy, says Ind-Ra

Indian economy is still struggling to come out of the Covid-19 impact

Core worth of PSB capital bonds half that of similar other paper: Ind-Ra

The illiquid, non-trading nature of these securities could add to the discount. So it may not strengthen their tangible equity by as much but may bolster regulatory norms

Ind-Ra revises outlook of auto sector to improving for FY22 from negative

The rating agency said it expects auto volumes to rebound at 16-20 per cent year-on-year (y-o-y) in 2021-22 after recording an estimated decline of 14-18 per cent YoY in financial year 2021

Ind-Ra revises PNB Housing Finance's NCDs to negative

India Ratings and Research (Ind-Ra) has revised the outlook on PNB Housing Finance's (PNBHF's) non-convertible debentures

Pharma's 3Q profitability improvement starts to taper off: Ind-Ra

The ratings agency does not expect Indian pharmaceutical companies to sustain the healthy operating margins reported during 3Q FY21 and 9M FY21

States' fiscal deficit to narrow to 4.3% of GDP in FY22: Ind-Ra

The agency's earlier forecast for FY21 was 4.5 per cent. The revision was made due to a sharper-than-expected contraction of 6.1 per cent in the nominal GDP

Budget 2021 must redirect govt focus on resolving demand-side issue: Ind-Ra

Expecting the Budget, to be tabled on February 1, to focus on boosting aggregate demand, expenditure reprioritisation and mobilising higher non-tax revenue, Sinha lists the following priorities

Ind-Ra upgrades Eveready's long-term credit ratings, outlook positive

Rating agency says upgrade reflects improvement in firm's financial profile and liquidity in 1HFY21, which was continuing in 2HFY21 backed by better profitability

Reliable data, understanding must for effective policy intervention: Ind-Ra

An appropriate understanding based on reliable data is critical to ensure effective policy intervention, India Ratings and Research (Ind-Ra) said

Ind-Ra revises FY21 GDP contraction to 7.8% on easing pandemic headwinds

Ind-Ra now expects third quarter to see contraction at 0.8 per cent and fourth quarter to print in 0.3 per cent growth

Solar power tariff decline supported by structural factors: Ind-Ra

There has been a continuous decline in solar power tariffs since the start of the current financial year

Organised F&G retail's FY21 revenue expected to decline by 5-10%: Ind-Ra

The revenue of India's organised food and grocery (F&G) retail is expected to decline by 5-10 per cent in FY21, India Ratings and Research said on Monday.

Over 19 quarters taken to clear unsold real estate inventory, says Ind-Ra

Residential sales were down 50 per cent year-on-year (YoY) to 68 million square (sq.) feet (ft) in H1FY21 across the major six cities.

Two-wheeler exports to see stable growth in latter half of next fiscal

Ratings agency Ind-Ra anticipates some bumps in the road in the first half

Tractor sales may grow 10-12% in FY21 due to strong rural income: Ind-Ra

Tractor sale volumes are expected to grow 10-12 per cent this fiscal over the previous year primarily driven by a strong rural income owning to solid rabi crop harvest, ratings agency Ind-Ra has said

One-third of emerging cos may not get restructuring benefits: Ind-Ra

Ind-Ra on Thursday said a third of the mid and emerging corporates (MEC) having turnover of under Rs 750 crore rated by it could be ineligible for restructuring loans despite being "vulnerable"