Search For "credit rating agency"
ICRA highlights capacity constraints at Indian Airports
Updated : 8 years, 10 months ago IST
New Delhi [India], Mar. 9 (ANI): As per credit rating agency ICRA, the air traffic estimates by FY2022 are expected to exceed by 450 million passengers, which means that the country would need to double its existing capacity over the next five years, capital expenditure estimated to the tune
Read More
Current account deficit to widen to USD 30 billion in FY2018, says ICRA
Updated : 8 years, 10 months ago IST
New Delhi [India], Mar 9 (ANI): Credit rating agency ICRA in its report noted that it expects higher oil and gold imports to enlarge India's current account deficit to ~USD 30 billion (1.2 percent of GDP) in FY2018 from ~USD 20 billion in FY2017 (0.9 percent of GDP), arresting the trend
Read More
Indian Aviation Industry to witness max passenger traffic growth amidst pr
Updated : 8 years, 10 months ago IST
New Delhi [India], Mar 8 (ANI): Credit rating agency ICRA has said that the Indian Aviation Industry is likely to report 22 to 23 percent passenger traffic growth in FY2017 supported by ongoing low airfare regime says ICRA in its report.
Read More
Compensation for GST losses to impart certainty to state budgeting, says I
Updated : 8 years, 10 months ago IST
New Delhi [India], Mar 7 (ANI): Credit rating agency ICRA on Tuesday released its view on the draft compensation norms for revenue losses related to the transition to the much-awaited goods and services tax (GST) would impart an element of certainty for budgeting at the state level, given th
Read More
ICRA expects 8 pct to 9 pct RevPar growth in FY2018 for Indian Hotel Indus
Updated : 8 years, 10 months ago IST
New Delhi [India], Mar 6 (ANI): Credit rating agency ICRA on Monday announced its expectations RevPar for Indian Hotel Industry to grow by eight percent to nine percent in FY2018 aided by stronger domestic demand, strong flows in FTA and the return of pricing power across markets barring few
Read More
Air passenger traffic continues strong growth trajectory; records 20 pct i
Updated : 8 years, 10 months ago IST
New Delhi [India], Mar 1 (ANI): Credit rating agency ICRA on Wednesday said that the December 2016 air passenger traffic in the country stood at 24.3 million, exhibiting a substantial growth of 20 percent over December 2015.
Read More
Low tariffs in reverse auction signifies improved cost competitiveness of
Updated : 8 years, 10 months ago IST
New Delhi [India], Feb. 28 (ANI): Credit rating agency ICRA, the efficiency of wind-based energy generation is reflected in its low tariff rates, thus increasing cost competitiveness of wind based energy generation against conventional energy sources as well as solar power.
Read More
Lower than expected levels of domestic production to sustain sugar prices
Updated : 8 years, 10 months ago IST
New Delhi [India], Feb 28 (ANI): Credit rating agency ICRA expects the domestic sugar prices to remain firm in the near term, given the deficit situation in the domestic and international markets.
Read More
Basmati rice exports delayed due to resumption of imports by Iran, says IC
Updated : 8 years, 10 months ago IST
New Delhi [India], Feb. 18 (ANI): Delay in resumption of imports by Iran is likely to hinder the recovery in Indian Basmati rice exports, says credit rating agency, ICRA, in its latest update note on Indian Basmati rice industry.
Read More
Gross market borrowings of state governments estimated to rise by nearly 2
Updated : 8 years, 10 months ago IST
New Delhi [India], Feb 17 (ANI): Credit rating agency ICRA on Friday estimated that the gross market borrowings of the state governments is supposed to rise from Rs. 3.7 trillion in FY2017 to Rs. 4.5 trillion in FY2018, which would exert an upward pressure on state development loans (SDL) yi
Read More
Currency crunch to impact near term business growth, asset quality of reta
Updated : 8 years, 10 months ago IST
New Delhi [India], Feb 16 (ANI): Credit rating agency ICRA on Thursday revised its portfolio growth outlook for FY2017 to 17 to 19 percent vis-a- vis the previous estimate of 19 to 22 percent as retail credit off-take has been impacted post demonetization.
Read More
India denies reports influencing Moody's to better its ratings
Updated : 8 years, 10 months ago IST
New Delhi [India], Dec. 29 (ANI): Union Information and Broadcasting Minister M. Venkaiah Naidu on Thursday denied reports that the government is trying to influence a credit rating agency to improve its sovereign debt ratings.
Read More