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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.

Sector to see delay in revival, says Icra

Over the last 15 months, the larger telcos have added 207 million active subscribers.

28 March 2018 1:18 AM IST

Australian Indo Gold Limited discovers 38.5 million tonnes low grade gold resources in Jagpura

Stricter norms to hit gold demand

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

8 May 2018 1:25 AM IST

The government on Friday revoked the notification on the Gems and Jewellery sector which included jewellers under the Prevention of Money Laundering Act. 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.

7 May 2018 7:04 PM IST

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 IST

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 Sept 2018 6:19 PM IST

The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

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 IST

In Financial Year 2016-17, the mutual fund on an average has added about 6.19 lakh SIP accounts per month.

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 IST

Major segments including scooters, motorcycles and cars, witnessed record decline December sales.

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.

9 Aug 2017 1:49 PM IST

Lower interest rates and more funds with banks are positive signals for economic recovery when the uncertainty around the demonetisation impact fades. (Representational Image)

Bank credit demand seen rising 7-8 pc in FY18

Deposit growth is expected slow to 5-7 per cent in fiscal 2018 from 11.8 per cent.

5 May 2017 5:28 PM IST

The committee found that for the current fiscal also the power ministry had put forward a demand of Rs 31,519 crore, which was reduced to Rs 12,200 crore by the finance ministry.

Debt refinancing may lower discom losses to Rs 37.5K cr: ICRA

Progress in implementation of UDAY has been satisfactory with 22 states/UTs having already signed up for it.

30 March 2017 11:23 AM IST

Representational Image

ICRA says steel consumption to be low in FY17

India's steel imports contracted by 38.5 per cent in 11M FY17 on the back of various trade protection measure.

28 March 2017 5:41 PM IST

During April-December period, exports grew marginally by 0.75 per cent USD 198.8 billion.

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

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

3 July 2017 4:37 PM IST