Aided by strong demand recovery, credit ratio rebounds to 1.33 in H2FY21, from 0.54 in H1FY21. GDP could grow at 11% in FY22, but the resurgence in Covid-19 cases is a key downside risk, says CRISIL.
Concor and Shipping Corporation of India, the two companies scheduled to go first off the blocks as part of India's divestment programme, have drawn excellent response from potential suitors.
Budget 2021 has made it possible for power distribution companies to come up with new business models. This will, in turn, lead to innovative solutions and financing options for various services.
Developers and lenders are happy about the steady revenue model provided by the levy, but train fares in India will see an inevitable increase.
