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Inflation spikes in June 2024 due to high food prices; Likely to affect RBI’s decision on interest rate
Indian retail inflation rises to 5.08% in June, driven by a spike in food prices. Food price inflat…
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…
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…
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
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
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…
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 …
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…
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
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
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…
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…
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
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
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
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…
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…
PTI
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…
PTI
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)…