India has committed to facilitating adoption of electric vehicles (EVs) so that they account for 30% of all new vehicle sales by 2030, in line with the global trend.
Nearly 3 GW of solar projects, worth Rs 16,000 crore, could be at risk of penalties for missing their respective scheduled commercial operation date (SCOD) if the impact of Coronavirus on trade with China prolongs, a CRISIL analysis shows.
Potential stress in non-bank wholesale book well above reported NPAs
Non-performing assets (NPAs), measured as 90+ days past due (dpd) for non-banks (comprising non-banking finance companies (NBFC) and housing finance companies, but excluding government-owned NBFCs), are expected to continue to rise by another 30 to 150 basis points (bps) by March 2020, depending on the asset class.
Organised jewellery retailers stare at halving of revenue growth
Revenue growth of organised jewellery retailers is set to slide 500-600 basis points (bps) to 5-6% over fiscals 2020 and 2021, following triple headwinds of higher import duty, elevated gold prices, and sluggish demand.
CRISIL expects milk prices to have started peaking out after the back-to-back hikes that have made the commodity dearer by Rs 4-5 per litre on-year over the past 9 months or so.
Analytica