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Red Sea turmoil fuelling freight cost
Freight rates rise 150% in past 45 days. The route constituted 40% of the total oil imports and 24% of the total exports during Apr-Oct 2023. Major...
Chip shortage continues to dent auto sales
India Ratings and Research (Ind-Ra) on Tuesday revised downwards the domestic passenger vehicle growth estimates to 15-18 per cent this fiscal, citing...
Stable outlook on banking sector in FY22
Banks continue to raise capital and adding to provision buffers thus managing Covid-linked stress: Ind-Ra
Infra spending to boost 'Base metals' prices this year
Robust demand recovery amid gradual supply increase is expected to push base metal prices higher on a year-on-year basis in 2021
Cement demand growth to continue in Q4
Cement demand growth is expected to continue in Q4FY21, said India Ratings and Research (Ind-Ra). Accordingly, the agency pointed out the aggregate...
Govt allows Ethanol sale for compatible automobiles
Centre's move to allow the direct sale of ethanol as a fuel for compatible automobiles is expected to boost demand, said India Ratings and Research...
Resumption of traditional classes key for revenue growth in FY22:...
Resumption of traditional classes will be key for enrolment as well as revenue growth in FY22 in the Indian education sector, said India Ratings and...
Cement demand set to grow by 14% in FY22
Strong rural demand, govt spending on infrastructure spurred the growth