CRISIL forecasts India's GDP growth at 6.8% next fiscal
After a better-than-expected 7.6% expansion this fiscal, India’s real gross domestic product (GDP) growth will moderate to 6.8% in fiscal 2025 as higher interest rates and lower fiscal impulse temper demand.
CRISIL Limited: Audited financial results for the fourth quarter and year ended December 31, 2023
The Board of Directors of CRISIL Ltd, at its meeting today approved the audited financial results for the quarter and year ended December 31, 2023.
CRISIL Opens Second LatAm Base in Bogotá, Colombia
CRISIL Ltd, the leading global analytics company, has set up an office in Bogotá, Colombia to provide its clients, including global investment banks, asset managers and private equity firms an efficient solution for nearshoring critical operations and services across North America.
Cement makers to add 150-160 MTPA capacity by fiscal 2028
The Indian cement sector will add 150-160 million tonne per annum (MTPA) capacity in the five years starting this fiscal, through both organic and inorganic routes, with an eye on anticipated demand growth in infrastructure and housing and in a bid to capture market share in a highly fragmented and competitive industry.
India Inc revenue growth moderated sequentially in the Dec quarter
Revenue of Indian corporates is projected to have increased 8-10% on-year in the December quarter but declined 100-150 basis points (bps) sequentially. In the September quarter, on-year revenue growth had improved after easing for four quarters on the trot.
Aveek Datta
Associate Director - Corporate Communications
+91 99204 93912
aveek.datta@crisil.com
CRISIL Market Intelligence & Analytics
December 19, 2023CRISIL Economy First Cut: Trade deficit falls