Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Business

India's toll collection growth likely to moderate 5-7 pc amid West Asia conflict: Crisil

New Delhi, India's toll collection growth is likely to moderate to 5-7 per cent in the current fiscal as the West Asia conflict and geopolitical uncertainties are weighing on freight movement and industrial activity, rating agency Crisil said on Wednesday.

According to Crisil, the percolating economic impact of the West Asia conflict and a consequent deceleration in commercial traffic is likely to result in an on-year moderation in toll collection by 150-200 basis points (bps) this fiscal.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.