Search For "fy2018"
Rising costs weigh on profitability of cement companies in coming quarters
Updated : 8 years, 9 months ago IST
New Delhi [India], Mar 30 (ANI): Credit rating agency ICRA expects cement demand growth, which has been significantly impacted post demonetisation, to recover to around four to five percent during FY2018, driven by a pick-up in the infrastructure segment, mostly road and irrigation projects
Read More
Fertiliser sales volumes to see moderate growth in H1 FY2018, says ICRA
Updated : 8 years, 9 months ago IST
New Delhi [India], Mar 24 (ANI): In ICRA's view, the demand for fertilizers in H1 FY2018 will witness moderate growth, given the lower base for H1 FY2017 and improved spending power of the farmer community with higher MSPs for rabi crops and strong sowing witnessed during the season.
Read More
Current account deficit to widen to USD 30 billion in FY2018, says ICRA
Updated : 8 years, 9 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
ICRA expects 8 pct to 9 pct RevPar growth in FY2018 for Indian Hotel Indus
Updated : 8 years, 9 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
Gross bond issuance by three tiers of government expected at Rs. 10.7 tril
Updated : 8 years, 9 months ago IST
New Delhi [India], Feb 22 (ANI): ICRA expects gross bond issuance vide Government of India securities (G-sec), State Development Loans (SDL), UDAY bonds and municipal debt to remain stagnant at Rs. 10.7 trillion in FY2018.
Read More
Gross market borrowings of state governments estimated to rise by nearly 2
Updated : 8 years, 9 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