Cost of home-cooked vegetarian thali dips 14% in July: Crisil report

August 7, 2025 4:09 PM

Cost of home-cooked vegetarian thali dips 14% in July: Crisil report

The cost of home-cooked vegetarian and non-vegetarian thalis declined by 14% and 13%, respectively, in July 2025 compared to the same month last year, driven by softer commodity prices, according to Crisil’s monthly indicator of food plate costs. The year-on-year decline in vegetarian thali costs was primarily due to a sharp drop in vegetable prices - especially tomatoes, onions, and potatoes (TOP) - on a high base: Tomato prices fell 36% year-on-year to ₹42 per kg in July, down from ₹66...

India’s GDP to grow at 6.5% in FY26; inflation expected to average 4%: Crisil

July 21, 2025 12:27 PM

India’s GDP to grow at 6.5% in FY26; inflation expected to average 4%: Crisil

India’s gross domestic product (GDP) is projected to grow at 6.5% in the current fiscal year (FY26), driven by improving domestic consumption and other positive indicators, according to a report released by Crisil on Monday. The Crisil Intelligence near-term outlook highlighted global uncertainty stemming from US tariff actions as the primary risk to India’s growth. However, it noted that the economy is likely to be supported by an above-normal monsoon, income tax relief, and the Reserve Ba...

Home-cooked veg, non-veg thalis get cheaper in May as food inflation cools: Crisil

June 5, 2025 4:55 PM

Home-cooked veg, non-veg thalis get cheaper in May as food inflation cools: Crisil

The cost of home-cooked vegetarian and non-vegetarian thalis declined by 6 per cent each (year-on-year) in May due to a sharp drop in prices of key vegetables led by a high-base effect, a Crisil report showed on Thursday. On a monthly basis, the cost of a vegetarian thali remained stable, while a non-vegetarian thali reduced by 2 per cent last month. Tomato prices fell 29 per cent to Rs 23 per kg from Rs 33 per kg in May as concerns over yield lifted prices last year. Prices of onion and potat...

Crisil pegs India’s GDP growth at 6.5% in fiscal 2026

May 29, 2025 11:58 AM

Crisil pegs India’s GDP growth at 6.5% in fiscal 2026

Crisil on Thursday forecast India’s gross domestic product (GDP) growth at 6.5 per cent in fiscal 2026, adding that improving domestic consumption is likely to support industrial activity. “We expect domestic consumption demand to improve driven by healthy agricultural growth, easing inflation supporting discretionary spend, rate cuts by the Reserve Bank of India (RBI)’s Monetary Policy Committee (MPC) and income tax relief this fiscal,” the global ratings agency said in a note. The In...

Crisil projects 6.5% GDP growth for India in FY26, flags US tariffs as key risk

April 14, 2025 2:17 PM

Crisil projects 6.5% GDP growth for India in FY26, flags US tariffs as key risk

Global credit rating agency Crisil on Monday projected India's GDP to grow by 6.5% in fiscal 2026, while cautioning that US tariff hikes remain a significant downside risk to the forecast. Despite external headwinds, Crisil expects monetary easing by the Reserve Bank of India (RBI) to offer some cushion, along with other positive domestic developments. “Interest rate cuts, income tax relief, and easing inflation are expected to boost consumption this fiscal. Additionally, a normal monsoon cou...

India’s security, facility management services to clock double-digit growth in 2025-26: Crisil

March 11, 2025 5:00 PM

India’s security, facility management services to clock double-digit growth in 2025-26: Crisil

Rapid urbanisation, rising industrial investments and expanding commercial spaces will help the organised domestic security and facility management services sector clock 10-12 per cent revenue growth in the next financial year, according to a Crisil report released on Tuesday. The double-digit forecast comes on the back of a strong compound annual growth rate of 13 per cent over the four financial years till March 2025, the report stated. As revenues increase, operating profitability will rema...

Cost of home-cooked meals declines by 5% in February: report

March 10, 2025 1:14 PM

Cost of home-cooked meals declines by 5% in February: report

The cost of preparing both vegetarian and non-vegetarian meals at home declined by 5% in February compared to January, according to a report released by Crisil on Monday. The report attributes the decline in the vegetarian thali cost to lower vegetable prices, particularly onions, tomatoes, and potatoes. For the non-vegetarian thali, the decrease was primarily driven by lower broiler (chicken) prices. With the arrival of fresh rabi crops, vegetable prices are expected to remain subdued, offeri...

India’s economy poised for 6.5% growth in fiscal 2026 despite global uncertainties: crisil

March 6, 2025 5:04 PM

India’s economy poised for 6.5% growth in fiscal 2026 despite global uncertainties: crisil

India's real GDP growth is expected to hold steady at 6.5% in fiscal 2026, even as geopolitical uncertainties and trade-related disruptions, particularly US tariff actions, pose challenges, according to a report by Crisil released on Thursday. The forecast relies on two key assumptions—another normal monsoon season and stable commodity prices. Factors such as easing food inflation, tax benefits outlined in the Union Budget 2025-26, and lower borrowing costs are likely to boost discretionary c...

US tariffs on steel sector unlikely to impact India materially: Crisil

February 18, 2025 12:35 PM

US tariffs on steel sector unlikely to impact India materially: Crisil

The US tariffs on the steel sector are unlikely to impact India significantly, as only 2 percent of the country’s total finished steel exports in the first nine months of this fiscal year were to the US, according to Crisil Intelligence. The US has decided to impose a flat 25 percent tariff on steel imports from March 12, replacing the previous system of multiple lesser levies. This change is expected to have a three-fold impact. “Firstly, it will reduce the exports of its trade partners a...