Icra | The Asian Age

Thursday, Apr 18, 2024 | Last Update : 11:33 PM IST

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This has been led by factors such as rising commodity prices, which helped boost the realisations in some sectors such as metals.

Industrial growth to fuel rise in Q2 GDP

Icra expects real manufacturing GVA growth at 6.8 per cent.

22 Nov 2017 2:44 AM

Domestic CV sales contracted by 9.1 per cent during the first quarter with M&HCV (Truck) sales being impacted the most. (Photo: Deepak Kurkunde)

Domestic CV sales to grow 6-7 per cent in current fiscal: ICRA

ICRA also expects LCV (Trucks) segment to grow 14-16 per cent in the current fiscal.

05 Nov 2017 12:35 PM

Cement offtake has continued to remain weak in H1 FY2018 because of factors such as weak real estate activity.

Cement demand likely to pick up from Q4 FY18: ICRA

Cement production reported de-growth of 3.2 per cent to 117.3 million MT when compared to 121.2 million MT during 5M FY2017.

30 Oct 2017 4:00 PM

Weak monsoon and low reservoir levels are likely to impact demand for fertilisers in second half of this financial year.

Weak monsoon, low reservoir level to affect fertiliser demand in H2 FY18

As per ICRA's report, urea sales witnessed tepid growth of 2 per cent due to implementation of neem-coating of urea.

05 Oct 2017 7:46 PM

Icra said that the volume of debt downgraded by it during the same period was over 70 per cent higher than downgrades during the previous full fiscal.

Agencies clash on credit profile

Crisil claims improvement, ICRA denies.

04 Oct 2017 3:00 AM

IUC is a fee that a telecom company charges for receiving a call.

Telecom sector needs Rs 50,000 crore a year investment: Icra

Almost all players have reported reverses in FY17 largely attributed to Jio's aggressive posturing.

29 Sep 2017 11:15 AM

Retail inflation rose to a five-month high of 3.36 per cent in August from 2.36 per cent in July.

Icra sees RBI leaving rates unchanged on October 4

The repo rate at present at 6 per cent, there maybe room for further monetary easing.

28 Sep 2017 3:12 PM

There is a high demand for Indian tea on back of supply crunch.

Tea exports to grow due to high global demand: ICRA

Reduced global availability of tea is likely to result in continuation of an upward price trajectory.

27 Sep 2017 5:31 PM

ICRA said the credit/deposit ratio of the banks could be higher at 94-102 per cent during FY2018-2020. (Photo: PTI/File)

Private banks share in advances to hit 38-40 per cent by FY'20: ICRA

Market share of private sector banks stood at 19.9 pc at end of March 31, 2014 and 27.5 pc in fiscal 2016-17.

21 Sep 2017 5:22 PM

This move is unlikely to have any significant impact on sugar prices or profitability of the sugar mills in the near term.

Raw sugar imports may check price hike in festive season: ICRA

Centre has recently permitted raw sugar import of 0.30 million MT at a concessional duty of 25 per cent.

12 Sep 2017 4:22 PM

With only 11 per cent of fresh slippages during the quarter being from standard restructured loans, Icra said that corporate slippages outside the vulnerable book continued.

NPAs’ pain to haunt banks for some time

The overall gross NPAs for forty-one listed banks increased to Rs 8.28 lakh crore as on June 30, 2017 from Rs 7.65 lakh crore as on March 31, 2017.

01 Sep 2017 5:46 AM

The rating agency expects GDP to rise by 6.1 per cent in year-on-year terms in the first quarter.

GVA growth to slow to 6.3 per cent in Q1, weighed by GST

CPI inflation eased to 2.2 per cent in April-June period from 5.7 per cent in Q1 FY17

22 Aug 2017 5:13 PM

The three categories saw net inflows of Rs 60,084 crore, Rs 12,727 crore and Rs 7,864 crore respectively.

Inflows from small towns push MF assets to sniff at Rs 20 trillion

Investors pumped Rs 63,504 crore into mutual funds in July with income, equity.

14 Aug 2017 7:35 PM

Domestic passenger vehicle sales will grow by 9-10 per cent during the ongoing fiscal driven, said ratings agency ICRA.

Disposable income to drive up passenger vehicle sales by 9-10 per cent

ICRA said sales will grow given the low penetration levels and increasing disposable income.

09 Aug 2017 1:49 PM

Govt has pegged country's total tomato output to be higher by 15 pc to 187 lakh tonnes in the 2016-17 crop year (Photo: PTI).

'Tomato prices likely to decline in next 15 days'

Tomato prices in metros were ruling at Rs 95/kg in Kolkata, Rs 92/kg in Delhi, Rs 80/kg in Mumbai on June 29.

30 Jul 2017 11:31 AM

ICRA has anticipated that MPC of the Reserve Bank of India (RBI) would reduce the repo rate by 25 basis points (bps).

ICRA forecasts 25 bps repo rate in August 2017 MPC meet

It also said RBI is likely to indicate that additional open market operations would be conducted to manage liquidity surplus.

25 Jul 2017 5:54 PM

DoT is in process of formulating a National Telecom Policy that will focus on areas such as Internet for all.

DoT meets telcos, associations on new telecom policy

New policy formulation comes at a time when the sector is confronting financial difficulties.

22 Jul 2017 12:31 PM

Hyderabad airport gets AA debt rating from Icra

Icra's AA rating upgrade reflects Hyderabad airport's robust cash accruals and strong liquidity position.

07 Jul 2017 2:44 PM

New Telecom Policy in works; public consultation soon: Sinha

Telecom Ministry has issued technology neutral telecom licences under the NTP 2012 which was delinked from spectrum.

06 Jul 2017 6:19 PM

There will be a greater focus on multi-modal logistics on the back of increased thrust from the government.

'Logistics to grow at 10 pc, GST to benefit organised players'

GST which got introduced on Saturday, will favour organised logistics players going forward.

03 Jul 2017 4:37 PM

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Syed Ata Hasnain