Icra

Auto component suppliers to see 70% dip in Q1 profits: ICRA

Auto component suppliers to see 70% dip in Q1 profits: ICRA

Auto component suppliers are likely to witness over 70 per cent decline in operating profits during first quarter of current financial ye...Read More

Windfall gains on bond portfolios aided PSBs report net profits in FY2021: Icra

Windfall gains on bond portfolios aided PSBs report net profits in FY2021: Icra

After five consecutive years of posting losses, public sector banks (PSBs) reported net profits in the fiscal 2020-21, supported by windf...Read More

General insurance industry to grow at 7 to 9% in FY22: ICRA

General insurance industry to grow at 7 to 9% in FY22: ICRA

The general insurance industry is expected to clock 7 to 9 percent growth in gross direct premium income during FY22, investment informat...Read More

GDP growth at 8.5% in FY2022: ICRA

GDP growth at 8.5% in FY2022: ICRA

With decline in number of fresh COVID-19 cases and easing of restrictions, the country's gross domestic product (GDP) will grow at 8.5 pe...Read More

COVID second wave to adversely impact hotel occupancy rates: ICRA

COVID second wave to adversely impact hotel occupancy rates: ICRA

The resurgence of COVID-19 will adversely impact the occupancy rates of India's hotel industry for another two-three months, ratings agen...Read More

Non-banks' NPAs may rise to 4.5-5% by March 2022: ICRA

Non-banks' NPAs may rise to 4.5-5% by March 2022: ICRA

Restrictions in movements imposed by various states are likely to impact collections of non-banking financial companies (NBFCs) and housi...Read More

Electric 2-wheelers to account for 8-10% of new sales by 2025; 3-wheelers to chip in 30%: ICRA

Electric 2-wheelers to account for 8-10% of new sales by 2025; 3-wheelers to chip in 30%: ICRA

The electric two and three-wheelers volume are expected to account for 8-10 per cent and 30 per cent of new vehicle sales in the country ...Read More

Icra pegs Q4 GDP growth at 2%; projects 7.3% contraction in FY21

Icra pegs Q4 GDP growth at 2%; projects 7.3% contraction in FY21

Domestic rating agency Icra on Monday forecast a 2 per cent uptick in growth during the March FY21 quarter, and 3 per cent from the gross...Read More

Second Covid wave dents auto sector's recovery momentum: ICRA

Second Covid wave dents auto sector's recovery momentum: ICRA

The second wave of Covid-19 has dented the recovery momentum of automobile sector's Original Equipment Manufacturers (OEMs) and auto-anc...Read More

MFIs to witness asset quality pressures in near term: Icra

MFIs to witness asset quality pressures in near term: Icra

With increasing COVID-19 cases and the resultant restrictions in movements imposed by many states, the microfinance industry is likely to...Read More

COVID resurgence: Disruption to mid and large-sized realty firms to be limited, says ICRA

COVID resurgence: Disruption to mid and large-sized realty firms to be limited, says ICRA

The resurgence of COVID-19 is unlikely to impact hugely the performance of most mid- and large-sized construction companies. Rating agenc...Read More

Lockdowns, travel restrictions dampen fuel, ATF sale: ICRA

Lockdowns, travel restrictions dampen fuel, ATF sale: ICRA

Lockdowns and travel restrictions imposed by states such as Maharashtra, Delhi, Jharkhand and Rajasthan have dampened the sale of auto f...Read More

Second wave to impact fashion retailers, revenue to hit pre-COVID levels only in FY23: Report

Second wave to impact fashion retailers, revenue to hit pre-COVID levels only in FY23: Report

The industry is set to show a revenue growth of 23-25 per cent on a low base in 2021-22, but that will not be sufficient to get the busin...Read More


COVID-19 related disruptions raise concerns over NBFCs retail loans : Study

COVID-19 related disruptions raise concerns over NBFCs retail loans : Study

With an exponential rise in coronavirus cases, the Maharashtra government on Wednesday placed stringent restrictions, including travel wi...Read More

Second wave of COVID-19 to delay full recovery for apparel players to FY23: Report

Second wave of COVID-19 to delay full recovery for apparel players to FY23: Report

The full recovery for Indian apparel players is likely to be delayed to 2022-23 due to the resurgence of the COVID-19 pandemic cases, acc...Read More

Icra cuts its FY22 GDP estimate by 0.5%, sees economy expanding by 10.5%

Icra cuts its FY22 GDP estimate by 0.5%, sees economy expanding by 10.5%

Meanwhile, Nomura, a Japanese brokerage on Monday said the 'Oxford Stringency Index' for India has risen to 69.9 as of April 13, from a r...Read More

Fresh restrictions imposed in Maharashtra may impact festive season auto sales: Icra

Fresh restrictions imposed in Maharashtra may impact festive season auto sales: Icra

The fresh restrictions imposed in Maharashtra to contain the second wave of COVID-19 are likely to impact the festive season auto sales, ...Read More

Upstream gas producers continue to bleed as domestic prices remain low: ICRA

Upstream gas producers continue to bleed as domestic prices remain low: ICRA

While this is unfavourable for domestic producers, it will benefit gas consumers. The consumers will also benefit in the long run from ex...Read More

Rising COVID infections have reignited uncertainties on economic outlook in near term: Icra

Rising COVID infections have reignited uncertainties on economic outlook in near term: Icra

The rising number of COVID-19 infections in recent weeks have reignited uncertainties related to the near-term outlook, a domestic rating...Read More

Scrappage policy to give fillip to automobile industry volumes;spur demand for new vehicles:ICRA

Scrappage policy to give fillip to automobile industry volumes;spur demand for new vehicles:ICRA

The voluntary vehicle scrapping policy announced in the Union Budget for 2021-22 provides for fitness tests after 20 years for personal v...Read More

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