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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

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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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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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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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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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   


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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. …

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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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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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…