New Delhi [India], Sep 26 (ANI): Following a sharp correction in unit sales amid slowing economic growth and infrastructure investments, ICRA has revised the outlook on construction equipment sector to negative.
New Delhi [India], Sept 24 (ANI): Though domestic apparel exports are expected to remain in the positive zone during rest of the year, there are multiple threats looming which could slow down the pace and make it challenging for apparel exporters, investment information firm and rating agenc
New Delhi [India], Sept 18 (ANI): The domestic steel consumption growth is expected to decelerate to about 5 to 6 per cent in the current financial year as compared to 7.9 per cent in FY19 on the back of an unprecedented slowdown in economic activity as reflected by the GDP growth tapering d
New Delhi [India], Sep 16 (ANI): A coordinated drone strike on Saudi Arabia's key oil facilities over the weekend is expected to add a geopolitical risk premium to oil prices and is credit negative for Indian consumers, investment information company ICRA said on Monday.
Kabul [Afghanistan], Sept 15 (ANI): Taliban on Sunday lifted a self-imposed ban on the International Committee of the Red Cross (ICRC) in Afghanistan, after months of embargo that started from April this year.
New Delhi [India], Sep 13 (ANI): The cumulative revenue growth of 642 companies in Indian corporate sector skidded to an 11-quarter low at 5.7 per cent in the April to June quarter of current financial year mainly due to weak consumer sentiments and subdued government spending on infrastruct
New Delhi [India], Sep 13 (ANI): The domestic passenger traffic growth during first four months of the current fiscal year (April to July) witnessed year-on-year growth of a mere 1.6 per cent primarily due to end of the tourist season, according to investment information firm ICRA.
New Delhi [India], Sept 11 (ANI): ICRA has downgraded the long-term rating assigned to Rs 315 crore term loans of Coffee Day Enterprises Ltd (CDEL) to D with negative outlook from BB plus.
New Delhi [India], Sep 10 (ANI): With the olefins cycle likely to decline further, domestic petrochemical producers are expected to face tough times going forward which in turn is bound to lead to subdued returns.
Pune (Maharashtra) [India] Sept 09 (ANI/BusinessWire India): Non-Resident Indians (NRIs) who wish to have a savings account or a fixed deposit account in India cannot open standard savings account like Indian residents. If you opened a savings account before moving abroad, you need to con
Pune (Maharashtra) [India] September 06 (ANI/BusinessWire India): An investment that earns guaranteed returns is always beneficial, more so when market-linked instruments aren't yielding returns as per your expectations. A fixed deposit is one such safe investment as it helps you grow you
New Delhi [India], Sep 2 (ANI): Domestic cement growth is expected to slow down to about 7 per cent in the current financial year as reflected in relatively weak offtake seen during the first fiscal quarter (April to June), investment information firm ICRA said on Monday.