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Tag: Crisil

Passenger Vehicle Sales Expected To Plunge By 22-25% in FY21: Crisil

Mumbai: Ratings agency Crisil expects passenger vehicles sales’ volume, including exports, to plunge by 22-25 per cent this fiscal to a decadal low of 26.5 lakh units. The fall in off-take will mark the second straight year of double-digit volume decline after the 15 per cent fall seen in fiscal 2020. However, the ratings agency […]

COVID-19 Lockdown beyond May can lower growth to zero, permanent loss of 4% in India's GDP

New Delhi: CRISIL has revised its growth outlook for India in fiscal 2021 down to 1.8 per cent from the earlier estimated 3.5 per cent, factoring the nationwide lockdown in place to flatten the Covid-19 curve. The forecast by the rating agency assumes the effect of the pandemic subsiding materially in the current quarter, besides […]

GDP growth
Crisil calls for bold reforms to take GDP growth to 7 pc

Bold reforms and prudent monetary and fiscal policies by the incoming Narendra Modi government will help the economy to grow at 6.5-7 percent, says a report