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Indian airlines, carrying international passenger traffic originating from, terminating in, or transitioning through India, are expected to witness a surge of 50 percent by fiscal 2028 from the current 43 percent in 2024, according to Crisil Ratings.
CRISIL's ESG 'scoring' business will now be transferred to CRISIL ESG Ratings.
Crisil Ratings forecasts a positive credit quality outlook for Indian corporates in the first half of fiscal year 2024-25, with upgrades expected to exceed downgrades. Sectors like infrastructure, hospitality, and education are bolstered by government spending, while export-linked sectors face uncertainties due to subdued global demand.
Listing out various scenarios, the agency said that to become a $5 trillion economy by FY30 with per capita income of $ 3,467, the economy would require a real GDP growth rate of 6.25%, GDP deflator growth 3.5% and INR/USD depreciation 3.25%. But to transform to a $5 trillion economy by FY2029 with capita income of $ 3,530, real GDP growth per annum would have to be faster at 8%.
InCred 1.5x Nifty Accelerator Market-Linked Debenture aims to protect your principal in the worst-case scenario and provide double-digit returns in the best-case scenario. Budget 2023 had taken the sheen away from MLDs, but due to the change in tax structure, the principal protection is an attraction. But this MLD comes loaded with conditions.