India Inc’s credit profile moderates YoY in April-September: Crisil

It further said the rupee depreciation, rising interest rates and tariff wars pose a risk for Indian companies in future. (Reuters) India Inc’s credit profile improved in the April to September period, compared with the preceding six months, but moderated when compared to the same period last year, domestic rating agency Crisil said Monday. It […]

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Suresh Prabhu calls for collective action to revitalise WTO without undermining core principles

He also emphasised that the global trade and economic situation currently was at a critical stage due to the ongoing trade tensions, driven by protectionist and unilateral measures by some countries.   Commerce and Industry Minister Suresh Prabhu has called for collective action to revitalise the World Trade Organisation (WTO) without undermining its core principles […]

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Base effect cost control see India Inc post good numbers in Q1; lack of pricing, rising cost remain a concern

JSW Steel reported a near 100% jump in operating profits on much better realisations. (Reuters) While a favourable base has helped India Inc report a reasonably good set of results for the three months to June, much of the improvement in the numbers is also the result of companies containing costs. Better volumes have allowed […]

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Despite exports boost, muted quarter for India Inc

The January-March period saw profits for the Nifty companies fall by 9% y-o-y despite a helpful base effect and elevated commodity prices. Despite some favourable trends, especially the weakening currency which will help exporters, the Street is not particularly hopeful of a strong bounceback in corporate earnings for the April-June quarter. The January-March period saw […]

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