Icra projected GDP growth at 6.5% in FY27, assuming average crude price remains in excess of $85 a barrel this year, while Care Ratings projected a similar growth on higher average fuel-price assumptions-at $100 per barrel.
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The Gross Domestic Revenue stood at Rs 1.46 lakh crore, up 5.9%, while Gross Import Revenue stood at Rs 0.54 lakh crore, marking a sharp rise of 17.8% during the month.
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The banking sector is expected to show a gradual recovery in ninterest margins (NIMs) as deposit repricing gains traction following RBI’s cumulative 125-basis-point rate cuts in 2025.
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Stress assessments indicate that a majority of sectors may see limited direct impact from the West Asia conflict, supported by strong balance sheets and low leverage levels. However, pockets of vulnerability remain.
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The study, based on over 47,800 EPFO records, found that women employees remain with organisations 36% longer than their male counterparts. The median tenure for women stands at 10.6 months, compared to 7.8 months for men, challenging the long-held perception…
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India’s massive textile sector is grappling with a severe crisis. The ongoing West Asia conflict is driving up oil and raw material costs. Demand is falling, and worker migration adds to the challenges. This disruption threatens the industry’s growth targets.…
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