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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   


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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…

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India’s first quarter GDP may surpass RBI MPC projection

​​​The Indian GDP may surpass the latest Reserve Bank of India projections for the first quarter of…

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Increase in tea prices to offset impact of wage rate hike in WB, Assam: ICRA

The report stated that the ODX tea prices are ruling at an all-time high level on the back of a …

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Bajaj Finance raise fixed deposit rates by up to 10 bps – now offers returns of up to 7.85%

The CRISIL AAA/STABLE and [ICRA]AAA(Stable), Bajaj Finance has good news for all its investors. Wit…

ANI   


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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…

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HAL records its highest ever revenue of ₹24,000 crore in FY 2021-22

Public sector Hindustan Aeronautics Limited (HAL) has reported its highest ever revenue of over Rs …

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Heatwave and high commodity prices drag down March quarter and FY22 GDP estimates

Inflation is not only hurting the common people’s pockets, it’s now dragging down the overall econo…

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Domestic commercial vehicle industry volumes expected to grow by 7-10 pc in FY24: Icra

The domestic commercial vehicle industry volumes are expected to grow by 7-10 per cent in FY2024, s…

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India Inc’s credit quality continues to shine in FY23: Slowdown concerns could impact IT, textile sectors, says ICRA

Corporate India’s credit quality has continued to rebound in FY23, sustaining the previous year’s m…

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Commercial vehicle industry volumes to see 7-10 pc growth in FY24: Icra

The growth will, however, moderate from 24-26 per cent in the current financial year, it added. …

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ICRA net profit rises 22.7% to Rs 31.9 cr in Q1FY23

The net profit of ICRA for the first quarter of the current financial year rose 22.7 per cent to 31…

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Some of Adani Group's debt funded capex projects are discretionary, can be deferred: ICRA

Credit rating agency ICRA Ltd on Wednesday said the large debt funded capex programme of Adani Grou…

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As inflation continues to remain high, RBI likely to keep interest rates unchanged

The Reserve Bank is likely to maintain status quo on policy rates for the fourth time in a row at i…

PTI   


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Icra downgrades rating on certain Yes Bank bonds

RBI had refused to accede to a bank's request to pay the interest on the bonds issued in 2012 due …

PTI   


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Icra appoints Ramnath Krishnan of RBL Bank as president of ratings

He will also be heading the ratings business, and help strengthen the analytical capabilities and …

PTI   


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Two-wheeler sales in India could contract by 16-18% in FY2021, says ICRA

Two-wheeler industry unit sales are now likely to decline between 16 and 18 per cent to around 17 m…

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Icra reaffirms USL rating on 6,175 cr debt

New Delhi, Feb 3 () Rating agency Icra has reaffirmed its credit ratings on liquor major United Spi…

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Icra, Care cut ratings on Yes Bank's upper tier-II bonds

Elaborating on the need for Yes Bank to seek RBI's approval, it said the upper tier-II bond has loc…

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RBI set for fourth straight rate hike to quell inflation, say experts

The RBI, which has since May raised the short-term lending rate (repo) by 140 basis points (bps)…

PTI