You Searched For "ICRA" and got 20 results
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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…
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 …
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…
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
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
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…
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…
2 mins read
Domestic air passenger traffic grows to about 138.9 million in May, sees 5.1% annual increase: Icra
Domestic air passenger traffic grew 5.1 per cent year-on-year to an estimated 138.9 million in May …
PTI
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
2 mins read
Air passenger traffic in India to touch record levels in the range of 407-418 million this financial year: Icra
Air passenger traffic in the country is projected to touch record levels in the range of 407-418 mi…
PTI
3 mins read
India's oil import bill could swell to $101-104 billion in FY25: ICRA
As per ICRA's calculations, a $10/barrel uptick in the average crude oil price for this fis…
PTI
2 mins read
Credit and profitability of banks to moderate in FY25, says ICRA
The Indian banking sector’s rating has been revised to stable from positive by rating agency ICRA o…
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…
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
1 min read
Indian IT services industry to see modest 3-5 pc revenue growth in FY25: ICRA
The revenue growth of the Indian IT services industry is expected to improve mildly from 2 per cent…
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 an…
PTI
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…
3 mins read
Indian airlines likely to prune losses to Rs 3,000-5,000 cr this fiscal: ICRA
Indian airline industry is expecting to prune its net losses to Rs 3,000-5,000 crore in this fiscal…
PTI
2 mins read
Credit metrics of India Inc. to improve in October-December quarter: ICRA
ICRA expects the credit metrics of India Inc. to show slight sequential improvement in October-Dece…
2 mins read
Housing finance companies clock 15% YoY portfolio growth in Q1, but rate hikes could moderate growth for FY23, says ICRA
Housing finance companies have clocked a 15% year-on-year growth in their on-book portfolio in Q1 F…