Icra | The Asian Age

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During the first nine months (April-December) of fiscal 2019, the sales of ten large listed entities in its sample set, stood at a robust 22.4 million sqft, registering a 50.7 per cent growth over the corresponding period a year ago, rating agency ICRA said in its report. (Representational Image)

Apparel exports may dip 5 per cent

Even the growth post October has not been encouraging as this has been achieved due to the low base effect.

06 Mar 2019 1:55 AM

These rates will be without input tax credit availability for the developer. (Representational Image)

Reduced tax rate for real estate to bolster consumer sentiments: ICRA

GST Council in its meeting recommended reduction in GST rate on under-construction residential properties to 1 per cent.

27 Feb 2019 10:24 AM

The papers remain on watch with negative implications, ICRA added. (Photo: File)

Dewan Housing shares fall sharply after ICRA downgrade

ICRA downgraded its rating on Dewan Housing’s 80 billion rupees.

26 Feb 2019 11:24 AM

The plan will mean the lenders will have a bigger holding than any other shareholder. (Photo: File)

Shareholders of Jet Airways approve debt-for-equity swap

Jet’s board last week approved a plan by lenders, led by State Bank of India, for an equity infusion, debt restructuring and the sale.

23 Feb 2019 4:02 PM

Nanar not to affect investors

Massive tracts of land is required and unless its made available I believe they'll not go ahead.

20 Feb 2019 3:30 AM

It believes that the target for institutional credit to agriculture sector is likely to get enhanced to over Rs 12 lakh crore from Rs 11 lakh crore for FY2018-19.

FM may propose more loans to farmers, SMEs

The government has recently upsized the recapitalisation package by Rs 41,000 crore for public sector banks (PSBs) to Rs 1.06 lakh crore for FY2019.

25 Jan 2019 12:50 AM

FDI flows can bridge capital deficit and remove the supply chain inefficiencies.

Strong case to revisit 'restrictive' FDI retail policy: report

India received USD 1.4 billion in FDI in the retail sector between 2000 and 2018, which is only 0.36 per cent of the overall FDI inflows.

14 Jan 2019 2:46 PM

Jewellery buying is spread throughout the year with an increased skew towards September to January, led by festive and marriage seasons.

'Gold jewellery demand to grow 6-7 pc in medium to long-term'

Gold prices increased by over 6 per cent in the last one year which impacted consumption demand.

28 Dec 2018 4:57 PM

Leading credit rating agencies are likely to face regulatory action over the IL&FC fiasco.

Sebi show-cause notice likely to credit rating agencies in IL&FS failure

Experts say they should adopt a holistic approach in credit rating.

08 Oct 2018 11:03 AM

Company said ICRA has re-affirmed its credit ratings for its commercial paper of Rs 15,000 crore.

DHFL says Care reaffirms ratings on debt, other instruments

DHFL's market valuation tumbled Rs 8,120.41 crore to Rs 11,031.59 crore on BSE.

22 Sep 2018 6:19 PM

However, inflation in fruits came at 3.87 per cent in June against 15.40 per cent in May.

WPI inflation rises to 4-year high of 5.77 per cent

Even core inflation has shown sustained rise: Expert

17 Jul 2018 1:22 AM

This is the lowest growth rate since July 2017 when infrastructure industries had expanded by 2.9 per cent.

Infra growth hits 10-month low

Dip in crude oil, gas production and favourable base effect waning off cited as reasons.

03 Jul 2018 12:13 AM

“This will work against the Indian IT services sector (H-1B dependent) as the average wage is approximately lower by 25 per cent compared to companies that are not dependent on H-1B visas as per estimates.

Strict visa norms to hit IT cos

Further, while the current H-1B system is lottery based, thereby giving equal selection rights to all applications.

28 Jun 2018 2:18 AM

Tamil Nadu government on Monday ordered Anil Agarwal led Vedanta Ltd to shut permanently a copper smelter.

Vedanta copper smelter closure to effect India's production upto 50 pc

The smelter produced around 4,00,000 mt of copper per year.

29 May 2018 1:42 PM

NBFCs may tap Indian bond mart

The highest amount ever raised through the issuance of retail bond was in FY14 totalling Rs 42,383 crore.

29 May 2018 1:58 AM

Icra on Monday lowered credit ratings on Jet Airways' short-term and long-term loan facilities citing weakened financial performance as the airline is unable to pass on rise in jet fuel prices to the customers.

Icra lowers ratings on Jet Airways' loan facilities

Continued support from Etihad Airways is fundamental towards turning Jet Airways around and improving its liquidity profile.

28 May 2018 5:36 PM

The rating agency further said it expects a mild pickup in growth in the services sector.

India's GDP growth in Q4 of FY18 seen at 7.4 per cent: Icra

CSO is scheduled to come out with GDP estimate for the fourth quarter (Q4) of fiscal 2017-18 on May 31.

21 May 2018 3:59 PM

The growth was supported by factors like pent up demand on the back of favourable gold prices, pre-buying ahead of GST rollout, extended wedding season and strong rural demand with good crop output.

Stricter norms to hit gold demand

According to Icra, there has been a marked shift to organised trade post demonetisation and GST.

08 May 2018 1:25 AM

Demand for gold jewellery is likely to decline by 2-4 per cent this calender year due to high prices and subdued financing environment, said a report. (Photo: PTI)

Gold jewellery demand may fall by 2-4 per cent this year: report

Icra expects the gold jewellery retail industry to record a 6-7 per cent volume growth.

07 May 2018 7:04 PM

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Shobhaa De