News

Water security to be important for semiconductor industry players: S&P Global Ratings Credit rating agency S&P Global Ratings on Monday said semiconductor chip makers must focus on managing their water resources as water security will be an important factor in their credit profiles. As per the credit rating agency, climate change is testing the chipmakers. Globally, chipmakers already consume as much water as Hong Kong, a city of 7.5 million, S&P Global Ratings said. Semiconductor firms' water consumption is rising, both absolutely and on a per-unit basis,...
Water security to be important for semiconductor industry players: S&P Global Ratings
Water security to be important for semiconductor industry players: S&P Global Ratings
Source: IANS
2024-02-26 01:58:01 pm
Indian banks` credit growth to moderate in FY25: S&P Global Ratings S&P Global Ratings in its latest report has said deposit tightness will remain a system overhang. Its base case is for loan growth to slightly moderate, leading to manageable competition for deposits. Indian banks will have to strike a fine balance between maintaining strong loan growth and paying more for deposits to fund that growth. It said if the clash for deposits gets fiercer, Indian banks will take a hit, either with slimmer margins or slower growth. It stated credit demand is s...
Indian banks` credit growth to moderate in FY25: S&P Global Ratings
Indian banks` credit growth to moderate in FY25: S&P Global Ratings
Source: Accord Fintech
2024-02-16 10:28:48 am
Global private equity-backed investments down 17% in January In January, the total value of global private equity and venture capital entries decreased 16.8% to $24.45 billion compared to $29.37 billion during the same period a year prior. It was the lowest January total in at least five years. The number of deals also declined to 959 from 1,134 a year prior, according to S&P Global Market Intelligence data & analysis. January deal value was the lowest monthly total in the last 12 months and was down by 30.4% from December 2023. Deal volu...
Global private equity-backed investments down 17% in January
Global private equity-backed investments down 17% in January
Source: IANS
2024-02-14 12:53:34 pm
India forecasts 7% economic growth in fiscal 2024/25  India's economy is forecast to grow 7% in the 2024/25 fiscal year from an estimated 7.3% in the current year that ends on March 31, the government said in its latest review on Monday. The estimates come days before Prime Minister Narendra Modi's government presents its last budget before the country heads to a general election this summer. Finance Minister Nirmala Sitharaman will present the budget on Feb. 1, factoring in the growth projections. "The robustness see...
India forecasts 7% economic growth in fiscal 2024/25
India forecasts 7% economic growth in fiscal 2024/25
Source: Reuters
2024-01-29 02:26:26 pm
India factory growth accelerated in November, input costs at 40-month low -PMI  India's manufacturing growth accelerated last month after a recent blip, supported by robust demand, according to a private survey that also showed input costs rose at the slowest pace in 40 months. The findings were positive for Asia's third-largest economy, which grew a surprisingly strong 7.6% last quarter, slightly slower than the 7.8% growth seen in the April-June quarter but remaining on track to be the fastest growing major economy this fiscal year. The Manufacturin...
India factory growth accelerated in November, input costs at 40-month low -PMI
India factory growth accelerated in November, input costs at 40-month low -PMI
Source: Reuters
2023-12-01 10:59:15 am