Crisil ratings – News Portal

U.S. tariff hike to cut Indian diamond polishers’ revenue by 28-30% this fiscal: CRISIL

August 28, 2025August 28, 2025cpooldigitalLeave a Comment

[ad_1] The imposition of 50% tariffs (25% reciprocal plus 25% penalty) by the U.S. on gem and jewellery is expected to lead to a revenue fall of India’s natural diamond polishing industry by a steep 28-30% to $12.50 billion this fiscal, compared with $16 billion last fiscal, CRISIL Ratings said in a note. The blow will […]

Indian IT sector revenue likely to plunge 700-900 basis points in fiscal 2024: Report

April 3, 2023April 3, 2023cpooldigitalLeave a Comment

[ad_1] The information technology (IT) services sector in India is expected to see a decline in revenue growth by 700-900 basis points (100 basis points is equal to 1 percentage point) amounting to 10-12% in fiscal 2024 amid global macroeconomic and financial sector headwinds, according to a Crisil report. | Photo Credit: G.P. Sampath Kumar […]

Domestic airlines industry expected to fly back into profitability next fiscal: CRISIL

March 1, 2023March 1, 2023cpooldigitalLeave a Comment

[ad_1] Domestic airlines industry is expected to fly back into profitability next fiscal, for the first time since the outbreak of COVID-19, amid easing cost pressures and reduction in leverage to support credit profiles, a report said on March 1. As per the report by credit rating agency CRISIL, the industry is also likely to […]

India’s footwear, textile exports vulnerable to global slowdown: Report

February 15, 2023February 15, 2023cpooldigitalLeave a Comment

[ad_1] Image for representational purpose only. | Photo Credit: Special Arrangement A slowdown in 2023 in advanced economies, especially the U.S. and the eurozone, is expected to make India’s footwear and leather products export trade vulnerable, said Crisil Ratings. “Domestic labour-intensive sectors such as textiles, footwear, and leather depend significantly on these two regions, making […]

Recession unlikely to hit India due to ‘not so coupled’ nature with global economy: Rating agency S&P

September 21, 2022September 21, 2022cpooldigitalLeave a Comment

[ad_1] Paul F. Gruenwald, S&P global chief economist, said a lot depends on how global fund flows behave if there is a recession in the U.S. and Europe. Paul F. Gruenwald, S&P global chief economist, said a lot depends on how global fund flows behave if there is a recession in the U.S. and Europe. […]

States’ off-balance-sheet borrowings at decadal high: Crisil

May 4, 2022May 4, 2022cpooldigitalLeave a Comment

[ad_1] States have done off-balance-sheet borrowings through various entities in FY22, resulting in a 1 percentage point increase in such hidden loans to 4.5% of GSDP, a report said on Wednesday. The report by ratings agency Crisil, based on an analysis of 11 States accounting for three-quarters of GSDP, warned that this will impact the […]