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1 min read

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   


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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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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

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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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

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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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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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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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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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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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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3 mins read

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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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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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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2 mins read

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   


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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…

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2 mins read

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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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…

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3 mins read

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 …

PTI