Search For "icr"
Air passenger traffic continues strong growth trajectory; records 20 pct i
Updated : 8 years, 9 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.
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Low tariffs in reverse auction signifies improved cost competitiveness of
Updated : 8 years, 9 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.
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Lower than expected levels of domestic production to sustain sugar prices
Updated : 8 years, 9 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.
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Low penetration and regulatory push augur well for India's debt capit
Updated : 8 years, 9 months ago IST
New Delhi [India], Feb 22 (ANI): India's debt capital markets have grown significantly during the last few years as reflected in the increase in total debt outstanding (sovereign + private sector) to Rs. 106.88 lakh crore as on December 31, 2016 from Rs 45.31 lakh crore as on March 31,
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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.
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Basmati rice exports delayed due to resumption of imports by Iran, says IC
Updated : 8 years, 9 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.
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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
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Currency crunch to impact near term business growth, asset quality of reta
Updated : 8 years, 9 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.
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ICRA's Board approves buyback of its equity shares from open market t
Updated : 8 years, 9 months ago IST
New Delhi [India], Feb. 11 (ANI): The Board of Directors of ICRA Ltd., at its meeting held on Thursday, gave its consent to the unaudited financial results of the company for the third quarter and nine months, ended December 31, 2016 and also approved buyback of its equity shares from open m
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Extension of anti-dumping duty positive for domestic flat product manufact
Updated : 8 years, 9 months ago IST
New Delhi [India], Feb 10 (ANI): The Government of India on February 7, 2017 extended the validity of the provisional anti-dumping duty (ADD) imposed on hot rolled (HRC) and cold rolled coils (CRC) by two more months.
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Peak season provides impetus to air passenger traffic growth in December 2
Updated : 8 years, 9 months ago IST
New Delhi [India], Feb 9 (ANI): Undeterred by demonetisation, the domestic air passenger traffic reported a robust YoY growth of 24 percent in December 2016. The growth was propelled by peak season demand along with prevalent low airfares due to intense competition. The traffic growth on int
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Kidnapped Red Cross staffer released in Kunduz
Updated : 8 years, 9 months ago IST
Kabul [Afghanistan], Jan. 16 (ANI): An International Committee of the Red Cross (ICRC) staff member who was abducted last year in Kunduz province, has been released.
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