The Indian primary steel industry has witnessed a sharp reboundfrom the second half of fiscal 2021despite the challenges posed by the Covid-19 pandemic. While the pandemic-related risks persist, sector analysts at CRISIL Ratingsbelievegrowth momentum for the steel industry could sustain in FY2022. This would help steel makers fortify balance sheets even as they continue to...
Growth in corporate revenue Â– excluding that of banking, financial services & insurance and oil companies Â– is likely to print at ~9% on-year for the fourth quarter of fiscal 2018, CRISIL ResearchÂ’s analysis of over 400 companies, which account for 65% of the market capitalisation of the National Stock Exchange shows.
Net revenue for Q2FY16 was reported at Rs.2,242 crore, which declined 15 per cent QoQ mainly due to fall in crude prices and increase in discount to Brent for Rajasthan crude. Average Brent prices fell 18 per cent QoQ to $50.5 per barrel driving our average oil realization down by 22 per cent QoQ to $43.7/bbl.
Private players have a pivotal role in the modernisation of airports. Timely determination of policy framework with respect to user development fee for the airports involving PPP will serve as the primary force for drawing private developers.
With favourable government policies and the Make in India initiative, the ports sector, along with logistics, is likely to get a boost. However, the key lies in effective execution. The growth graph of the sector seems to be on a rising trend. Cargo traffic, which recorded 1,052 million metric tonne (MMT) in 2015