RBI cuts rates by 25 basis points, policy stance changed to unanimous

For the third time in a row, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) today slashed interest rates by 25 basis points, as was widely expected.... Read more »

Auto sales to quicken pace in second half of next fiscal after a slow  first half, says India Ratings

 India’s overall automobile sales will still show signs of little enthusiasm in the first half of 2019-20, but the upcoming implementation of BS-VI emission norms will drive the demand... Read more »

ARCs Sponsored by Large Corporate Groups to Remain Relevant; Prudent Pricing and Not AUM Key to Success

 India Ratings and Research (Ind-Ra) believes that asset reconstruction companies’ (ARCs) key focus in the near-to-medium term would be largely to acquire mid-sized assets, given the capital constraints and... Read more »

India Ratings and Research – Mid-Year FY19 Bank Outlook: Stress in Non-Corporate Segments

 India Ratings and Research (Ind-Ra) has maintained a stable outlook on private sector banks and two large public sector banks (PSBs) namely State Bank of India (‘IND AAA’/Stable) and... Read more »

Outlook Stable Despite Intensifying Profitability Headwinds: Ind-Ra

India Ratings and Research (Ind-Ra) has maintained a stable outlook for the pharmaceutical sector for the rest of FY19. The domestic pharmaceutical market growth is likely to remain robust,... Read more »

Mid-year FY19 Auto & Auto Ancillaries Outlook: Macroeconomic Factors to Boost Demand; Evolving Regulatory Framework

India Ratings and Research (Ind-Ra) has maintained a stable outlook for the auto sector for the remainder of FY19. This is in line with Ind-Ra’s earlier expectations of moderate... Read more »

Market Wire: Global Potash Prices to Remain Range-Bound in Short to Medium Term

The prices of potash (K2O) globally are likely to remain range-bound at USD 200-300 per tonne in the short to medium term, despite the likelihood of a higher rise... Read more »