Search For "icra report"
MoRTH road execution to moderate in FY27; toll growth seen at 6-8%: ICRA
Updated : 2 weeks, 3 days ago IST
The toll collections remain healthy in FY2025-26, with expectation of 7-9% growth in FY2025-26e. Amid soft Wholesale Price Index (WPI) inflation, the inflation-linked toll rate is likely to increase by around 3.3% for newer projects linked to December WPI and 2.5-3.0% for older projects link
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India CV industry jumps 27% (YoY) in January; GST cut drives volume surge:
Updated : 2 weeks, 4 days ago IST
The Indian commercial vehicle (CV) industry continued to report robust year-on-year (YoY) volume growth in January 2026, with domestic wholesale volumes rising 27 per cent to 99,544 units.
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India's GDP growth to moderate to 7.2% in Q3FY26: ICRA
Updated : 2 weeks, 6 days ago IST
ICRA estimates the YoY growth in the services gross value added (GVA) to moderate to 7.8% in Q3 2025-26 from 9.2% in Q2 2025-26, dampened by lower expansion in Government spending and services exports. After the frontloading seen in H1 2025-26 (+40.0% YoY), the Government of India's (GoI's)
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RBI's Risk-Based deposit insurance premium framework to boost stronger ban
Updated : 3 weeks, 1 day ago IST
The framework, released on February 6, 2026, replaces the existing flat premium rate of 12 paise per Rs. 100 of assessable deposits (AD) with a differential pricing structure. Under the revised system, banks will be categorised based on risk scores derived from the Deposit Insurance and Cred
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Trading volume will hold steady despite higher STT imposed in Budget 2026:
Updated : 1 month, 1 week ago IST
"Nonetheless, some moderation in derivatives activity remains a risk, which could translate into lower trading turnover and consequently softer brokerage volumes and revenues from the derivatives segment for the securities broking industry," ICRA said. The proposed increase in STT on F&am
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Domestic travel and business tourism to drive Indian hospitality revenues
Updated : 1 month, 4 weeks ago IST
The Indian hospitality industry is expected to sustain its revenue growth in FY2026, maintaining momentum despite the high base recorded in FY2025. According to an ICRA report, this growth trajectory finds support from domestic leisure travel, demand from meetings, incentives, conferences
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Road construction execution declines 12% YoY; Toll sector maintains stabil
Updated : 2 months, 1 week ago IST
M Rajashekar Reddy, Assistant Vice President & Sector Head, ICRA Ltd, said, "The outlook on the toll road sector remains stable, paving the way for sustained growth. On the back of benign WPI inflation, the inflation-linked toll rate hike is projected at around 3.2% for newer projects and 1.
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Cement volumes to grow 6-7% in FY27; industry to add 85-90 MTPA capacity:
Updated : 2 months, 1 week ago IST
India's cement industry is expected to witness steady growth in the coming years, with cement volumes projected to expand by 6-7 per cent in FY27, supported by sustained demand from the housing and infrastructure sectors, according to a report by rating agency ICRA.
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ICRA flags margin pressure for steelmakers despite 8% demand growth in FY2
Updated : 2 months, 3 weeks ago IST
Domestic steel demand is expected to remain healthy at around 8 per cent in FY2026; however, continued weakness in steel prices is likely to keep operating margins of steel producers under pressure, according to a report by rating agency ICRA.
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ICRA expects extended policy rate pause, unless economic growth moderates
Updated : 3 months, 1 week ago IST
An extended pause on policy rates is expected going ahead unless India's economic growth materially undershoots the projections, rating agency ICRA has asserted in a report, as the Reserve Bank of India (RBI) in an unprecedented move reduced repo rate when both GDP and inflation are congenia
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India Inc set for steady 8-10% revenue growth in Q3 FY2026: ICRA
Updated : 3 months, 2 weeks ago IST
Kinjal Shah, Senior Vice President & Co-Group Head - Corporate Ratings at ICRA, says rural spending continues to hold steady, while several policy steps are supporting sentiment in cities.
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ICRA highlights shifting growth drivers as industry outpaces services firs
Updated : 3 months, 3 weeks ago IST
India's growth drivers are set to shift in Q2 FY2026, with industry expected to outpace services for the first time in four quarters, even as overall GDP expansion moderates, according to credit rating agency ICRA.
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