Page 10 - India Ratings

Ind-Ra lowers GDP growth forecast to 7.7% from 7.9%

Ind-Ra expects the industrial GVA to grow 7.2 per cent in FY17, 0.4 percentage points lower than its earlier forecast

Negative cash flow position to reach near zero level in FY17: Ind-Ra on construction companies

Order inflow in the construction sector was likely to grow as the government has increased outlay for highways and railways in the Union Budget, says the ratings agency

Proposal of 25% corporate tax cut will bring transparency: India Ratings

This will help govt reduce amount of incentives paid, necessitating low tax paying corporate to shell out significantly higher taxes

India Ratings cuts non-ferrous metals sector outlook to negative

Continued fall in metal prices to delay de-leveraging for domestic players

Don't cut spending, says India Ratings

Wants govt to make revival of investment a priority and maintain the fiscal correction schedule by more generation of revenue; reiterates call for GST and wants budgetary support for PSBs