Search For "icr"
India's hotel demand outpaces supply, boosting hospitality sector: Rating
Updated : 6 months, 3 weeks ago IST
Demand for hotels in India is expected to continue to outpace the supply addition, at least over the next three years, rating agency ICRA said Monday, inferring that the demand-supply mismatch augurs well for the pricing environment and occupancies for the key hospitality space.
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US tariffs hit Indian solar exports, trigger supply glut in domestic marke
Updated : 6 months, 3 weeks ago IST
Tariffs by the United States on solar imports have dealt a heavy blow to Indian solar module exporters, forcing manufacturers to redirect volumes back into the domestic market, according to a report by ICRA.
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Good rainfall, India's incentives structure driving rice production boom,
Updated : 7 months ago IST
Rising rice production in India, a key producer, is being driven by a combination of factors, good rainfall and an incentive structure that favours paddy cultivation, according to noted agricultural economist Ashok Gulati, and Professor at the Indian Council for Research on International Eco
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Indian aviation industry to incur net losses up to Rs 105 billion in FY26:
Updated : 7 months ago IST
Indian aviation industry's net financial losses to increase to Rs. 95-105 billion in FY2026, credit rating agency ICRA said on Tuesday. The agency expects net losses to widen more than 100 billion in FY2026, compared with Rs. 55 billion in FY2025. The increase is attributed to slower traffic
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Fintellix Joins ICRA: Strategic Acquisition to Strengthen RegTech & Data A
Updated : 7 months, 2 weeks ago IST
Bengaluru (Karnataka) [India], October 18: Fintellix India Private Limited, a leading provider of data and regulatory solutions for the financial services industry, is proud to announce its acquisition by ICRA Limited, a premier credit rating agency and provider of financial and risk advis
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Israel receives body of a hostage from Hamas, says IDF
Updated : 7 months, 2 weeks ago IST
The Israel Defence Forces (IDF) on Saturday confirmed the receipt of a coffin containing the body of a deceased hostage from Hamas, transferred via the International Committee of the Red Cross (ICRC) at the Gaza border, as part of the ongoing implementation of the US-brokered ceasefire agree
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GCCs to lease 50-55 msf office space in top-6 Indian cities by FY2027: ICR
Updated : 7 months, 2 weeks ago IST
Global Capability Centres (GCCs) are expected to lease an additional 50-55 million square feet (msf) of Grade A office space across India's top six markets during FY2026-FY2027, contributing 38-40% of the overall office demand, according to a report by rating agency ICRA.
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Organised gold loan market to touch Rs 15 trn by March 2026 and Rs 18 trn
Updated : 7 months, 3 weeks ago IST
The organised gold loan market in India is projected to reach the Rs 15 trillion mark by March 2026, a year ahead of earlier expectations, according to credit rating agency ICRA. The surge is attributed primarily to the sustained uptrend in gold prices, which have scaled record highs in rece
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December tipping point: Exporters warn of economic fallout from US trade r
Updated : 7 months, 3 weeks ago IST
"Most exporters told us they front-loaded their consignments to manage the impact of tariffs. They can bear this situation only till December. If the dispute isn't resolved by then, layoffs will begin in the textile and apparel sector, gems and jewellery, as well as in shrimp exports," Gulat
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iCreate Drone Challenge 2025 Launched to Set New Global Benchmarks in Dron
Updated : 7 months, 3 weeks ago IST
Ahmedabad (Gujarat) [India], October 7: iCreate (International Centre for Entrepreneurship and Technology), India's leading incubator for tech-innovation startups, today announced the launch of the iCreate Drone Challenge 2025 - the nation's first-of-its-kind, large-scale initiative to accel
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Corporate credit profile remains resilient amid global headwinds: ICRA
Updated : 7 months, 4 weeks ago IST
Despite the ongoing global uncertainties, including tariff-related disruptions and geopolitical tensions, the credit profile of Indian corporates has demonstrated remarkable resilience, according to ICRA's latest report.
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India's third-party data centre capacity to double by FY28: ICRA
Updated : 7 months, 4 weeks ago IST
India's digital backbone is set for a major boost as third-party data centre capacity is projected to double to 2,400 to 2,500 MW by FY28 from 1,250 MW in FY2025, supported by investments of nearly Rs 90,000 crore during FY 26-FY28, according to rating agency ICRA.
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