Report
India Inc's outlook amid an expected 50-basis-point rate hike and El Niño
The Economic Times reports that Crisil Ratings expects Indian companies to weather the expected rate hike and El Niño's impact. Crisil also expects rural demand to remain unaffected by weather-related shortfalls.
TLDR
The Economic Times reports that Crisil Ratings expects India Inc to withstand an expected 50-basis-point rate hike and El Niño's impact. Crisil also expects rural demand to remain unaffected by weather-related shortfalls and sees a stable credit-performance outlook despite geopolitical tensions linked to Middle Eastern conflicts.
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