Search For "icra"
Domestic gold jewellery industry to continue growth trajectory with 14-18
Updated : 1 year, 3 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, 3 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, 3 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, 3 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, 4 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, 4 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, 5 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, 5 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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India's mining and construction equipment industry to expand by 70-80 pc i
Updated : 1 year, 5 months ago IST
India's mining and construction equipment (MCE) industry is poised for significant growth, with localisation levels expected to increase to 70-80 per cent in the next 5-7 years, highlighted ICRA in a report.
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Indian pharma companies' revenue expected to moderate to 9-11% in FY25 vs
Updated : 1 year, 5 months ago IST
Revenues of Indian pharma companies are likely to expand by 9-11 per cent in the current financial year, albeit a moderation from the increase of 13-14 per cent recorded in the previous year, said rating agency ICRA in a report.
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Oil marketing companies making profit of Rs 15/lt on Petrol, Rs 12/lt on D
Updated : 1 year, 5 months ago IST
With crude prices going down, oil marketing companies (OMCs) are making huge profits by selling petrol and diesel.
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India's Bank bond issuances may hit Rs 1.2-1.3 trn this fiscal: ICRA
Updated : 1 year, 6 months ago IST
Tight liquidity conditions and strong credit growth, outpacing deposit accumulation, have prompted banks to turn to bond markets to meet their funding requirements. As of FY2025 year-to-date (YTD), banks have issued Rs. 767 billion in bonds, reflecting a 225 per cent year-on-year increase an
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