New Delhi, China s demand for India s cotton has pushed domestic yarn prices higher, said India Ratings and Research. Accordingly, domestic yarn production
Ind-Ra has said that it believes despite VDL s likely healthy operating performance over FY21-FY22, the group s ability to reduce debt will remain limited, considering the substantial dividend cash leakages in the current group structure
GDP growth to bounce back in FY22 but full recovery not in sight until FY23: Ind-Ra
Fiscal deficit of 6.8 per cent of GDP in FY22 is achievable, says Ind-Ra, though, like FY21, it depends on Centre achieving disinvestment target of Rs 1.75 lakh crore in FY22
BusinessToday.In | February 10, 2021 | Updated 14:20 IST
Although FY22 recovery will be V-shaped, GDP size will barely surpass FY20 level
India s gross domestic product (GDP) growth will bounce back to 10.4 per cent year-on-year (YoY) in FY22 on base effect, India Ratings and Research (Ind-Ra) has estimated. The rating agency said after recording contraction in 9MFY21, GDP growth will finally turn positive at 0.3 per cent YoY in Q4.