New Delhi: India Ratings and Research (Ind-Ra) has revised its 2019-20 India GDP growth forecast downwards to 5.6 per cent from an earlier estimate of 6.1 per cent. The agency in a report also said new projections suggest that that GDP growth in the second quarter (2Q) of the current fiscal is likely to be […]
New Delhi: India Ratings and Research on Wednesday said that it expects gross domestic product (GDP) to grow at 5.5 per cent in FY21. The agency’s forecast is marginal higher than the GDP growth of 5 per cent estimated by National Statistical Office for FY20. The current slowdown in economic activity, according to the agency is […]
Mumbai: The India Ratings and Research on Wednesday said that the iron ore prices are expected to be elevated over the near-mid-term due to supply-side constraints clubbed with a simultaneous robust revival in demand post the Covid-19 led demand shocks. In its iron ore market review, the agency said the domestic supply shortage is primarily […]
New Delhi: The chemical sector is expected to grow at 1.2x-1.3x of the GDP multiplier in FY22, India Ratings and Research (Ind-Ra) said. Accordingly, the ratings agency has assigned the sector an improving outlook for FY22. It expects favourable market conditions across the broad chemical subsectors, along with a healthy rebound in end-user industries, following […]
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