Daily Headlinez Top News Updates
File photo (Picture credit: AP) Recent political and military developments in Venezuela are unlikely to have any meaningful impact on global crude oil prices in the near term, or on Indian companies, as the country plays a relatively small role in global oil supply, Crisil Ratings said on Tuesday.In a note, Crisil said that even…
MUMBAI: Non-bank finance companies are likely to maintain growth in assets under management at 18%, despite a cautious approach on lending in certain buckets due to high customer leverage, Crisil Ratings said on Monday. The overall AUM for the industry is expected to touch Rs 50 lakh crore by end of FY27 on the back…
The recent rationalisation of Goods and Services Tax (GST) is expected to lift revenue growth in India’s organised apparel retail sector by about 200 basis points this fiscal, keeping it steady at 13-14 per cent for the second consecutive year, according to Crisil Ratings. The assessment is based on an analysis of nearly 40 organised…
Tractor sales at new high CHENNAI: With a host of favourable factors driving demand, tractor volumes hit a historic high this September, and total domestic sales surpassed the half-a-million mark in the first half of the fiscal year for the first time.Domestic tractor sales stood at 1,46,180 units in September, compared with 1,00,542 units in…
Two-wheeler sales are expected to grow by 5-6 per cent this fiscal, aided by the GST Council’s recent tax rationalisation, according to a report by Crisil Ratings. Passenger vehicles (PVs) are forecast to see a modest 2-3 per cent rise.As per news agency ANI, Crisil said the rate reduction would lift demand in the auto…
