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4 mins read

Headroom to cut petrol and diesel prices by ₹2-3 per litre: Icra

A reduction in crude oil prices in recent weeks has improved margins on retail auto fuels, providin…

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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

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…

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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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4 mins read

Status-quo on interest rate likely, say experts ahead of RBI's policy review

The Reserve Bank of India is expected to maintain the current repo rate at 6.5% in its upcoming pol…

PTI   


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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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India’s economic growth expectedly slows to 6.7% in Q1 — lowest in the last five quarters

India's GDP growth slowed to a 15-month low of 6.7% in the first quarter of FY 2024-25 due to weake…

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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

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   


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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   


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4 mins read

RBI likely to keep interest rate unchanged at 6.5%, say experts

Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5% on Thursday, and w…

PTI   


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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   


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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   


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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

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…

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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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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

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…

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2 mins read

Rate hikes will not impact collections efficiency of NBFCs: ICRA

A day after the Reserve Bank delivered another rate hike, a domestic ratings agency on Thursday sai…

PTI   


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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