Careedge Rating News - Latest Updates & Headlines
Air passenger traffic to grow at a CAGR of 9% over FY25-FY27: CareEdge Ratings
New Delhi, April 1: Air passenger traffic is expected to grow at a compounded annual growth rate (CAGR) of 9 per cent over FY25- FY27, reaching approximately 485 million by FY27 says a report by CareEdge Ratings.
India Inc holds steady ground as global tariff war looms: Report
Mumbai, April 1: Despite global headwinds, the credit ratio for India Inc strengthened in the second half of FY25 — improving to 2.35 times from 1.62 times in H1 FY25, a CareEdge Ratings report said on Tuesday.
Recovery in intl tourism will lead to 7-8% growth in revenue per room for Indian hospitality sector in FY26: Report
New Delhi, March 29: The Indian hospitality sector is set to continue its robust growth, with a projected 7-8 per cent increase in Revenue per Available Room (RevPAR) for FY26, according to a report by CareEdge Ratings.
India's real estate sector to reach Rs 83 lakh crore by 2030: Report
New Delhi, March 28: India's real estate sector, which contributed 7.3 per cent to the GDP in the calendar year 2023, is projected to contribute 13 per cent to the country's economic growth by 2030, a report showed on Friday.
Credit offtake continues to rise but at a slower pace: CareEdge Ratings
New Delhi, March 27: Credit offtake continues to rise but at a slower pace as compared to last year. As of March 7, total bank credit stood at Rs 181.3 lakh crore, reflecting an 11.1 per cent year-on-year (YoY) growth says a report by CareEdge Ratings
Gujarat, Maharashtra, Karnataka and Odisha are top performing states financially: CareEdge Ratings
New Delhi, March 27: Gujarat, Karnataka, Maharashtra, and Odisha have emerged as the top-performing states in terms of financial strength.
Capital outlay of top 15 states expected to surge by 18 pc in FY26: Report
Mumbai, March 26: The capital outlay of the country's top 15 states for FY26 is projected to rebound by 18 per cent (year-on-year) to Rs 7.2 lakh crore, driven by a post-election boost in capital spending, execution of infrastructure projects and continued allocation of Rs 1.50 lakh crore to states through interest-free capex loans in the Union Budget 2025-26, according to a report released on Wednesday.
India's city gas distribution to reach 25 pc by 2030; Rs 30,000 crore investment likely by FY27
Mumbai, March 24: As the government aims to transform the nation into a gas-based economy, the contribution of city gas distribution (CGD) is projected to increase to 25 per cent by 2030, from 20 per cent in FY24, according to a report released on Monday.
Despite global turbulence Increased public spending is likely to drive economic activity in India: CareEdge
New Delhi, March 18: While corporate performance remains below par, key factors such as recovering rural demand, lower income tax burden, falling food inflation, expected rate cuts, and increased public spending are likely to drive economic activity in the coming months according to a report by CareEdge Ratings.
India's paper industry poised to recover in 2025-26: Report
Mumbai, March 17: The Indian paper industry is poised for a gradual turnaround despite the acute margin pressures that it has been facing due to rising imports and raw material costs in FY24 and the first 9 months of FY25, according to a report by CareEdge Ratings released on Monday.
Electric buses to see 15 pc sales growth in India at 17,000 units in FY27: Report
New Delhi, March 11: The annual sales volume of electric buses in the country is expected to reach more than 17,000 units in FY27 -- nearly 15 per cent growth from total bus sales volume of 4 per cent in FY24, a report showed on Tuesday.
Strong investor interest, expanding opportunities to drive India's REIT market growth: Report
Mumbai, March 10: India is witnessing strong growth in its Real Estate Investment Trust (REIT) market, driven by increasing demand for high-quality commercial properties, growing investor interest, and evolving regulations, a new report said on Monday.
India's housing finance market poised to more than double in next 6 years: Report
Mumbai, March 5: The individual housing finance market in India which is currently valued at Rs 33 lakh crore is expected to grow at a Compound Annual Growth Rate (CAGR) of 15-16 per cent between FY25-30 to Rs 77-81 lakh crore, according to a report by CareEdge Ratings released on Wednesday.
Housing finance market to grow at 15-16% CAGR through 2029-30: CareEdge
New Delhi, March 5: The housing finance market, valued at around Rs 33 trillion, is expected to grow at a CAGR of 15-16 percent between 2024-25 and 2029-30 to Rs 77-81 trillion, CareEdge Ratings has asserted.
US trade tariffs: Domestic challenges remain for China amid high uncertainty
New Delhi, Feb 27: As countries devise new strategies to address trade tariffs imposed by the US government, domestic challenges still remain for China like slow growth in the property sector amid weak consumption, according to a report on Thursday.
National Highways construction to decline by 7-10% in FY25, amid execution challenges: CareEdge Ratings
New Delhi, February 7: The pace of National highway construction in India is expected to decline by approximately 7-10 per cent in FY25, with construction slowing from 12,350 km in FY24 to an estimated 11,100-11,500 km in FY25, translating to a rate of nearly 31 kilometre per day, according to CareEdge Ratings.
Global oil prices likely to stay in $75 to $80 per barrel range over next 6 months: CareEdge
New Delhi, Feb 6: Crude oil prices are expected to remain range bound at an average of $75-$80 a barrel over the next 6 months, essentially on the back of higher overall global crude oil production aided by increase in crude oil production by the US while demand growth is expected to remain relatively subdued in the backdrop of a slowdown in major global economies, according to a CareEdge Ratings report released on Thursday.
Union Budget shapes India's economic resilience, growth potential: Report
New Delhi, Feb 3: The steps articulated in the Union Budget are crucial in shaping India's economic resilience and growth potential in the medium to long term, according to a report on Monday.
Union Budget 2025: Pharma, Healthcare sectors seek 3 per cent hike in budget allocation
New Delhi, January 24: The Indian pharmaceutical and healthcare industry has high expectations from the upcoming Union Budget 2025, according to a report by CareEdge Ratings. The sector is calling for increased government support to strengthen infrastructure and drive innovation.