Demand for imported coal is likely to increase to 62 million tonnes this fiscal to meet the incremental generation from coal-based power projects, said India Ratings.
Tractor sales in India will hit a record in the current fiscal but moderate in 2018-19, according to a report by India Ratings and Research (Ind-Ra).
Rating agency Ind-Ra today said it has revised the outlook on infrastructure sector to stable for the next fiscal on signs of improvement in projects.
India Ratings has revised the outlook for airports by one notch from positive to stable for FY19.
Persistent rise in bond yields is likely to shave Rs 30,500 cr from the banks' balance-sheets in the current financial year, warns a report.
PSBs may need capital of Rs 2.06 trillion for a credit growth of the 8-9 per cent in the financial year 2019, says a report.
The National Company Law Tribunal has approved the proposed merger between Idea and Vodafone a move that brings both the companies closer to culminating the deal.
It can be noted that govt has reiterated its commitment to narrow down the fiscal deficit to 3.2% for fiscal 2018.
Faster land acquisitions, environment clearances and timely funding will be crucial for the completion of Bharatmala project by 2021-22 fiscal, India Ratings said.
India Ratings has lowered the growth forecast for the current fiscal to 6.7 percent from 7.4 percent estimated earlier, citing 'disruption in the economy'.