CRISIL Research

GST Time Benefits For Truckers Lost To Flying Squad Checks

Suspicious states, which now have to depend on the Centre to get their share of GST revenues. Many of them are using flying squads (manned by their Road Transport Organisation/Authority personnel) to stop vehicles on highways or at dismantled check-post zones to scrutinize the goods being transported, in an apparent attempt to corroborate their GST revenues

India’s GDP Cannot Grow Fast In The Short Run

In an environment of subdued global growth and weak investments, India’s GDP cannot grow fast in the short run. For fiscal 2018 as a whole, we are in the process of revising down of our GDP growth forecast down from 7.4% stated earlier.That said, normal monsoon, softer interest rates and inflation, and pent-up demand will support consumption growth in the remaining quarters. There will also be a mild push to consumption from budgetary announcements.

Passenger Car Sales Set To Decline On Rising Preference For Cabs From Aggregator Services

Among the factors driving up passenger preference for cab aggregators is the cost per kilometre. Our study shows the cost of hailing an aggregator cab is Rs 19 per km, compared with Rs 18 for a traditional taxi, and Rs 22 for own car. A shared aggregator cab is available for as low as Rs 11 per km, and offers the convenience of doorstep pickup, chauffeur, and air conditioning

Price War In The Rs 1.5 Lakh Cr Wireless Telecom Market To Continue

CRISIL Research believes the price war in the Rs 1.5 lakh crore wireless telecom market will continue in this fiscal, too, leaving bruised bottom lines. The predicament is interesting given that till late 2015, telcos were not very gung-ho on launching 4G data services. Since then, however, they have aggressively invested in backhaul infrastructure and additional airwaves. And since the middle of 2016, slashing prices to protect turf given the debut of Reliance Jio (RJio)