Above-normal monsoon rains that helped farmers sow more crops this Kharif season bode well for agriculture, and are likely to improve gross value addition (GVA) in the sector
Business opportunities worth Rs 2.0 lakh crore are expected to open up for engineering, procurement, and construction entities (EPC) players over the next decade for the completion of four priority interlinking river (ILR) projects, ICRA asserted in a report.
The momentum seen in H1 CY2024 has already outpaced the deal flow of the previous year, showcasing the growing interest and activity in the private credit sector.
The revenue of sugar mills is likely to expand by 10 per cent in financial year (FY) 2025, supported by an expected increase in sales volumes along with firm domestic sugar prices and higher distillery volumes after the operationalisation of new capacities, said ICRA.
Moody's Ratings has highlighted the immense financial commitment required for India's energy transition. The nation aims to significantly expand its renewable energy capacity, targeting an impressive 500 gigawatts (GW) by 2030.
Backed by healthy demand prospects for the sector, large cement companies are looking to increase their capacity and maintain market share through, organic and inorganic expansions.
According to ICRA, forecasts suggest this trend will continue, with expectations of a further surge to 55 per cent by March 2025, indicating a notable consolidation within the sector.
According to ICRA, this upgrade is attributed to ATGL's improved financial risk profile, driven by sustained growth in sales volume, which has resulted in an increased scale of operations and better profitability.
According to ICRA report, the year 2024 witnessed a significant upturn in electricity demand, marked by a 7.6 per cent increase on a year-on-year basis, fueled by a resilient economic activity and weather-related loads. This trend persisted into the initial months of FY2025, with demand surg
ICRA projects that the monetisation of 33 road assets through the toll-operate-transfer (TOT) and Infrastructure Investment Trust (InvIT) modes could yield between Rs 53,000 crore and Rs 60,000 crore.
The widening reach of asset management companies (AMCs) beyond the top 30 towns has played a significant role in encouraging more individuals to explore mutual funds as a viable investment avenue.