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India's GDP growth to pick up in third quarter compared to first half of FY25: ICRA report
India's economy is expected to grow at a faster rate in the third quarter of this financial year. T…
ANI
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…
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…
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
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…
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
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
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…
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
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…
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
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…
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…
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
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…
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. …
PTI
With over one lakh fresh jobs, hotel industry could revitalise Indian job market in the next 18 months: Report
After facing substantial job cuts during the COVID-19 pandemic, hotel operators are now actively re…
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…
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…
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 …