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Economic Times - Business - News Image
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BusinessOct 01, 2025 06:15 AM

Tariffs bite, yet India Inc maintains its credit score

MUMBAI: India Inc's credit quality remains strong, supported by robust domestic consumption, robust balance sheets, and steady government-led spending. However, geopolitical risks arising mainly from the 50% US tariffs on several Indian goods could weigh on sectors such as marine, gems and jewellery, and textiles. Notably, credit ratios of companies remain largely stable. In H1 of FY26, Icra upgraded ratings of 214 firms while downgrading another 75, for a credit ratio of 2.9 times, an improvem ...Read More >

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