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2 mins read

Two entities upgraded for every downgrade in FY24, hospitality sector records 23 upgrades: ICRA

The fiscal year of FY24 continued the ‘upgrade momentum’ that was set into motion in FY22, said the…

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2 mins read

Fiscal deficit at Jan-end touches 63.6% of full year target: Govt data

The government's fiscal deficit at Rs 11 lakh crore at January end touched 63.6 per cent of the rev…

PTI   


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3 mins read

ICRA forecasts slowdown in India's economy: GDP growth expected to hit six-quarter low in Q1 FY2025

In a rather dampened forecast for the Indian economy, ICRA has forecast a sharp slowdown in India's…

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2 mins read

India's FY24 third quarter GDP growth seen at 6%: ICRA

Credit rating agency ICRA on Wednesday said India's Gross Domestic Product (GDP) would grow at 6 pe…

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3 mins read

RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty

T​​​​he US Federal Reserve's first cut in interest rates in more than four years happened today, tr…

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2 mins read

Assets under management of retirement mutual funds jumps 256% in 5 years

ICRA said the growing awareness has led to a surge in the number of folios, which has increased by …

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3 mins read

Over 23 lakh govt employees under NPS get option to choose unified pension scheme

Unlike the old pension scheme, UPS is contributory in nature, wherein employees will be required to…

PTI   


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2 mins read

Jewellery consumption to grow by 10-12 pc value-wise in FY24 amid rise in gold prices: Report

Jewellery consumption, in terms of value, is expected to grow by 10-12 per cent in this financial y…

PTI   


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4 mins read

Inflation spikes in June 2024 due to high food prices; Likely to affect RBI’s decision on interest rate

Indian retail inflation rises to 5.08% in June, driven by a spike in food prices. Food price inflat…

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3 mins read

Interest rate hikes unlikely to have negative impact on earnings of banking sector: ICRA

​​Analysts may be worried about rising stress in the retail assets of banks, but ICRA is of the vie…

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1 min read

Domestic commercial vehicle industry to see 4-7% dip in volumes next fiscal: Icra

Domestic Commercial Vehicle (CV) volumes are expected to dip 4-7 per cent year-on-year next fiscal …

PTI   


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2 mins read

Domestic air passenger traffic to surpass pre-Covid levels to reach 150-155 mn this fiscal: Icra

The domestic air passenger traffic is expected to surpass the pre-Covid levels of 141.2 million and…

PTI   


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3 mins read

Budget 2024 expectations: From removal of security transaction tax to sovereign green bonds

The FY 2025 budget is around the corner and it is expected that Finance Minister Nirmala Sitharaman…