The Latest Breaking News from Crisil

India is fastest-growing polymer compound market, expected to grow to USD 16 bn by 2031: Crisil

India is becoming the fastest-growing polymer compound market globally, contributing 13 percent of a USD 75 billion industry. The market is expected to grow significantly, reaching USD 16.5 billion by FY2031. Demand from the automotive and infrastructure sectors is driving this growth, alongside technological advancements in manufacturing. Significant expansion in…

The Economic Times · Oct 16

Cemindia Projects’ Rs 1,400-crore QIP oversubscribed 2.3x; Edelweiss Life, Nuvama, Motilal MF among investors

Cemindia Projects raised Rs 1,400 crore through a qualified institutional placement priced at Rs 1,108 per share, attracting 2.3 times demand over the base issue. Leading mutual funds participated as the company secured strong credit ratings and shares rallied.

The Economic Times · Oct 15

India’s hidden gold chest is giving imported bullion a run for its money

Soaring gold prices are prompting Indians to exchange old jewellery for new designs this festive season rather than cut back on purchases. Old-gold exchanges now account for over 50% of transactions at Tanishq, more than 55% of sales at Kalyan Jewellers and 73% at Joyalukkas in August.

The Economic Times · Oct 14

India Inc can weather 50 bps rate hike, El Nino impact: Crisil

Crisil Ratings stated that India Inc will manage the expected 0.50 percentage point rate hike. The agency also indicated that rural demand would remain unaffected by weather-related shortfalls. Credit performance outlook is stable despite geopolitical tensions from Middle Eastern conflicts. Growth in the banking system's credit and overall corporate credit…

The Economic Times · Sep 30

Beyond the 7% headline: S&P maps the forces driving India’s next growth phase

India’s economy is set to grow 7% in FY27, according to S&P Global, which sees domestic demand, private investment, manufacturing, trade, energy security, renewable power, digital infrastructure and technology shaping India’s next phase of economic growth.

The Economic Times · Sep 30

Pharma sector revenue to grow 11-13 pc in FY27 on strong exports, domestic demand: Crisil

India's pharmaceutical sector is projected to grow at 11-13 percent this fiscal year due to export increases. The domestic market is also expected to expand by 9-11 percent as prescription demand rises. Strong cash generation and healthy balance sheets will help maintain credit profiles despite margin pressures. Cost inflation from…

The Economic Times · Sep 24

States' revenue growth to accelerate 9-11% as GST collections rise 16% in first five months: Crisil

Revenue growth for 18 major Indian states is projected to accelerate to 9–11% in fiscal 2027, taking combined revenues past ₹44 lakh crore, according to Crisil Ratings. This financial expansion is driven primarily by a 12–13% rise in GST collections—supported by robust consumption and import gains—alongside an 11–12% increase in…

The Economic Times · Sep 22

Nearly 40% of India's coal power plants running critically low on fuel, data show

Nearly 40% of India’s coal-fired power plants are operating with critically low coal stocks as high power demand and weather disruptions affect supplies.

The Economic Times · Sep 21

India’s richer households are fuelling a market-investing boom

India's economy will grow due to domestic consumption and infrastructure spending. Rising incomes will support a higher growth trajectory by the year 2030. Households are shifting savings towards market-linked investments and mutual funds. Mutual fund assets under management have significantly increased recently. This growth reflects increased financial literacy and digital…

The Economic Times · Sep 15

Stocks in news: Reliance Industries, Wipro, ICICI Bank, Coal India and Hindustan Zinc

Indian equity markets experienced a decline on Wednesday, extending their recent corrective phase. Several companies, including Reliance Industries and Coal India, are expected to be in focus. Railway stocks will be watched after the government approved five new projects costing over ₹10,000 crore. Hindustan Zinc signed a six-year contract for…

The Economic Times · Sep 10