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Saturday, June 06, 2020

India Ratings and Research

INDIA RATINGS AND RESEARCH NEWS

COVID-19 impact: Ind-Ra sees jewellery sales declining 25 per cent in FY21

May 11, 2020 5:46 pm

Jewellery demand, which is primarily driven by marriage season and a couple of festivals in the first quarter, has been significantly washed out due to the ongoing nationwide lockdown, Ind-Ra said in a report.

Ind-Ra cuts India's FY21 GDP growth further to 1.9%, lowest in 29 years

April 27, 2020 3:52 pm

The rating agency said the revised number is based on the assumption that the partial lockdown will continue till mid-May.

Ind-Ra revises rating watch on Yes Bank to 'evolving'

March 19, 2020 1:03 pm

"Ind-Ra has revised the rating watch on Yes Bank Ltd's long-term issuer rating of 'IND BB-' to RWE from RWN," Yes Bank said in a filing to the BSE.

Coronavirus pandemic, US-China trade negotiations to keep base metal prices low in near term

March 12, 2020 1:04 pm

Prices may gradually improve as the pandemic is contained and the second phase of US-China trade negotiations is concluded, India Ratings and Research (Ind-Ra) said in a statement.

Ind-Ra revises downwards outlook on steel sector to 'negative'

February 27, 2020 5:26 pm

The revision has been made seeing the steel demand growth expectations of 5 per cent and margin pressures led by iron ore price risks, India Ratings and Research (Ind-Ra) said in report.

India GDP growth in Q2 at 4.7 per cent; FY20 forecast at 5.6 per cent: Ind-Ra

November 26, 2019 6:12 pm

The 4.7 per cent projection for the second quarter of the current fiscal would mark six consecutive quarters of slowing growth, a first since 2012.

Concentration risks: Banks may need '1L cr more than Basel-III requirement

August 15, 2015 2:58 am

If corporates are able to reduce borrowing costs by 100 bps, the shortfall may reduce to Rs 76,000 crore from the estimated Rs 1 trillion.

'Diesel,LPG prices likely to be raised'

September 09, 2013 3:36 am

Earlier on July 10,Veerappa Moily has asked P Chidambaram to provide an additional Rs 63,000 crore