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Government likely to announce personal income tax relief in upcoming Budge
Updated : 1 year, 4 months ago IST
The government is expected to provide some relief to personal income taxpayers in the Union Budget for FY2026, according to a report by ICRA.
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Small Finance Banks' growth to moderate to 18-20 pc in FY2025: Report
Updated : 1 year, 4 months ago IST
ICRA forecasts that the Gross Non-Performing Asset (GNPA) ratio will increase to 2.6-2.8 per cent by the end of March 2025, reflecting heightened stress, particularly in the microfinance segment.
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ICRC calls for maintaining ceasefire in Lebanon
Updated : 1 year, 4 months ago IST
Mirjana Spoljaric, President of the International Committee of the Red Cross (ICRC), visited Lebanon where humanitarian needs remain immense following the latest escalation of hostilities.
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India's banking credit growth to remain subdued in FY2026, lowered forecas
Updated : 1 year, 4 months ago IST
For FY2026, ICRA anticipates a further slowdown in credit growth, estimating a range of 9.7-10.3 per cent, influenced by the high CD ratio and upcoming changes in the liquidity coverage ratio (LCR) framework.
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Domestic gold jewellery industry to continue growth trajectory with 14-18
Updated : 1 year, 5 months ago IST
The robust growth forecast follows an impressive 18 per cent expansion in FY2024, which was primarily driven by rising gold prices despite subdued volume growth. The sharp 900 basis points reduction in import duty on gold, implemented in July 2024, temporarily lowered gold prices, spurring p
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India steel industry in trouble because of cheap imports; capacity utilisa
Updated : 1 year, 5 months ago IST
Capacity utilisation of domestic steel industry in 2024-25 is poised to slip below 80 per cent for the first time in four years as cheap imports nibble at market share, according to rating agency ICRA.
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Maximise Financial Flexibility with Bajaj Finserv Gold Loan for Expense Ma
Updated : 1 year, 5 months ago IST
Pune (Maharashtra) [India], December 12: If one has been searching for an easy and reliable way to unlock the value of their jewellery, a gold loan might be the answer. Gold loans have gained immense popularity in India for their simplicity, quick disbursal, and flexibility. Whether it's for
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Cement industry to add 70-75 million MT capacity in two years amid slowdow
Updated : 1 year, 6 months ago IST
The cement industry in India is expected to witness a significant capacity expansion of 70-75 million metric tonnes (MT) over the next two years, according to the rating agency ICRA.
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India's GDP growth to pick up in third quarter compared to first half of F
Updated : 1 year, 6 months ago IST
India's economy is projected to grow at a faster pace in the third quarter of the current financial year (October-December 2024) compared to the first half (April-September 2024), according to a report by ICRA.
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Tips to Optimise Your Tax Planning and Strengthen Your Business Loan Appli
Updated : 1 year, 7 months ago IST
Pune (Maharashtra) [India], October 28: With Diwali just around the corner, businesses across India are gearing up for the festive season. For many, this is the perfect time to expand, restock, or launch new products. But to make the most of the opportunities that Diwali brings, businesses o
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India Shelter Finance Achieves 36% YoY AUM Growth in Q2FY25; PAT Surges 50
Updated : 1 year, 7 months ago IST
Gurugram (Haryana) [India], October 25: India Shelter Finance Corporation Limited announced its financial results for the 2nd Quarter of Fiscal year 2025. The Board of Directors of India Shelter Finance Corporation at its meeting held today, approved the unaudited financial results for quart
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Indian ceramic tiles industry thrives domestically but struggles in export
Updated : 1 year, 7 months ago IST
This decline comes in the wake of investigations launched by the US Department of Commerce in May 2024 into ceramic tile imports from India, raising concerns about the future of exports in an increasingly competitive global market.
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