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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…
Key infra sector growth slows down to 4-month low of 8.1% in September
The growth of eight key infrastructure sectors slowed down to a 4-month low of 8.1% in September 20…
PTI
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…
PTI
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…
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…
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
India's GDP growth comes in at 6.3% in Q2: manufacturing, mining witness negative growth
India's economy grew by 6.3% in the second quarter of the current fiscal, official data release…
No end to downgrades in GDP estimates as economists remain divided on severity of slowdown
SBI Ecowrap has pegged India’s GDP growth rate for Q2 FY23 at 5.8%, much lower than the RBI’s e…
Loan growth showing signs of reversal from cyclical highs, but asset quality to remain healthy
Loan growth in the Indian banking sector is starting to show signs of reversal from cyclical highs …
India FMCG sector profits may be weighed by ad spend hikes, price cuts: BNP Paribas
Consumer goods majors have been hit hard by inflation over the last few quarters, with volume…
India's GDP growth forecast continues to see cuts
India’s GDP growth will slow down in the next calendar year of 2023, says a note released by …
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 …
Auto industry looks to sustain growth momentum in 2023
The Indian automobile industry is setting out on a journey with hopes for a sustained growth moment…
PTI
Mega infra spend can be a trigger for boosting growth: ICRA
Mumbai, Dec 31 () At a time when the overall economic growth is slowing, Finance Minister Nirmala S…
PTI
Domestic passenger traffic growth may dip to six-year low: Icra
Mumbai, Dec 19 () Domestic passenger traffic growth is expected to decline to a six-year low of 4.5…
PTI
COVID-19 to hurt IT services sector, growth may fall to 3-5% in FY21: ICRA
"Though management of IT companies has restrained to quantify the potential impact of the COVID-19 …
PTI
Recession in India will end latest by March, says a top economist
The Reserve Bank of India declared that India had gone into recession after the economy contracted …
Road projs likely to get extension for lockdown period: Icra
"All road projects will likely get extension in construction period for lockdown period under force…
PTI
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…