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CAREEDGE RATINGS SERVICES OUTPUT
India's services economy stays resilient as 17 sectors post growthIndia's services sector recorded widespread growth in August, with 17 of the 19 tracked segments expanding and 13 registering double-digit ...
Patna Municipal Corporation to raise Rs 200 crore via municipal bondsThe Patna Municipal Corporation is set to launch ₹200 crore worth of municipal bonds, with bids opening on October 30. This move marks Biha...
IIP growth eases to 4-month low in September as mining output contractsSeptember witnessed a decline in India's factory output growth, falling to 6.7%, the lowest rate observed in four months. The drop is large...
Anthropic IPO: What 12 AI terms should investors know before buying shares amid $16.3 billion revenue and an $80.7 billion loss?Anthropic's planned IPO could attract investors who want to benefit from the growth of artificial intelligence. But understanding the compa...
PSU vs private banks: The real story behind the Q2 divergencePublic sector banks are experiencing stronger net interest margin growth compared to their private counterparts this quarter. Despite facin...
US growth boosted by AI, but no sign of a turning point higherEconomists estimate the growth potential of the US economy to be around 2%, whereas President Donald Trump aspires to double it. Business i...
US business activity cools in October; strong demand fueling price pressuresUS business activity experienced a slight slowdown in October, though strong demand allowed price increases. The S&P Global Composite PMI O...
India October business growth hits 4-month high; hiring stalls, PMI showsIndia's business activity expanded at its fastest pace in four months through a strong services-led pickup. The Composite Purchasing Manage...
Crop, fire insurance premiums fall 31%, 26.6% in H1 FY27 amid pricing pressureIn the first half of FY27, crop insurance premiums fell by 31% due to lower rates and discounts. Fire insurance premiums also decreased by ...
India’s growth story needs jobs to match the numbers, says ex-RBI Governor D SubbaraoFormer RBI Governor D Subbarao has said India must make economic growth more employment-intensive, warning that rapid output expansion alon...
Sumitomo-backed Yes Bank pegs AT1 bond verdict hit at Rs 5,217 croreYes Bank's reported profit for the September quarter could have turned into a loss due to the AT1 bond ruling. The bank's CET-1 ratio would...
US tariff waiver on Russian crude a comforting relief, but trade uncertainties persist: CareEdge Chief Economist Rajani SinhaCareEdge Chief Economist Raj Sinha said the US decision to waive sanctions provisions that could have led to tariffs of up to 100% on India...
India’s digital public infrastructure among world’s 10 most effective reforms: ReportIndia's Digital Public Infrastructure has been recognized as one of the top ten effective reforms globally. This infrastructure, particular...
SC ruling deals a heavy blow to Yes Bank's risk equity capitalYes Bank is facing a significant reduction in its Common Equity Tier-1 capital buffer following a recent Supreme Court ruling. The court re...
Bank deposits hit record $3 trillion in September, boosted by dollar deposits schemeIndia's banking system deposits hit a record high, reaching approximately 284 trillion rupees by September 2023. The increase was primarily...
Wholesale inflation hits series high of 11.4% in September as fuel, food prices surgeIndia's wholesale inflation reached 11.4% in September, significantly increasing from 9.9% in August. Rising prices of fuel, food, and manu...
Adani Group stocks tumble as market rout deepens; Adani Green, Adani Ent, others tank up to 10%On October 8, shares of Adani Group experienced sharp declines amid a wider market downturn, with Adani Green Energy plunging by 10% and Ad...
Adani Enterprises shares fall 4% despite getting CARE Ratings upgrade to AA; stableCARE Ratings also reaffirmed the company's short-term rating at CARE A1+. Adani Enterprises said the upgrade "serves as an independent vali...
CARE upgrades Adani Enterprises to ‘AA’, retains ‘stable’ outlookCARE Ratings has upgraded the long-term rating of Adani Enterprises to 'AA', affirming a stable outlook. This elevation underscores enhance...
Services output grows 13.5%, 17 of 19 sectors expandThe service sector is expected to maintain its underlying strength in the months ahead, said Rajani Sinha, chief economist at CareEdge Rati...