scorecardresearchCredit profiles of Indian companies could deteriorate up to 20%: S&P

Credit profiles of Indian companies could deteriorate up to 20%: S&P

Updated: 24 Aug 2022, 12:12 PM IST
TL;DR.
In May, S&P cut India's growth projections for the current fiscal year to 7.3% from 7.8% estimated earlier, on account of high oil prices, slowing exports, and high inflation.
In June, the Consumer Price Index was 7.01 percent, and in July 2021, it was 5.59 percent. It was above 7 percent from April to June this fiscal.

In June, the Consumer Price Index was 7.01 percent, and in July 2021, it was 5.59 percent. It was above 7 percent from April to June this fiscal.