Search For "icra"
Toll collection on national highways to fall by 25-30 pc: ICRA
Updated : 4 years, 10 months ago IST
New Delhi [India], May 29 (ANI): Toll collection on national highways is likely to fall by 25 to 30 per cent in May over last month as a fall out of the lockdown and restrictions imposed by several states to contain the spread of coronavirus, according to rating agency ICRA.
Read More
ICRA pegs GST compensation of Rs 2.65 lakh crore for states
Updated : 4 years, 10 months ago IST
New Delhi [India], May 28 (ANI): Projecting the FY22 state GST (SGST) collections of all states at Rs 6.1 lakh crore, rating agency ICRA expects a large GST compensation requirement of Rs 2.65 lakh crore for the current year.
Read More
Slackening economic momentum to limit discretionary purchases: ICRA
Updated : 4 years, 10 months ago IST
New Delhi [India], May 22 (ANI): Slackening economic momentum driven by the second wave of Covid-19 infections in India has emerged as a concern with bruised sentiment, high healthcare costs and fuel expenses likely to limit discretionary purchases in the immediate term, rating agency ICR
Read More
Raging pandemic to decelerate recovery of automotive industry: ICRA
Updated : 4 years, 10 months ago IST
New Delhi [India], May 20 (ANI): The sudden and severe onset of second wave of Covid-19 pandemic in the country has derailed recovery momentum of automobile original equipment manufacturers (OEMs) and auto-ancillaries to an extent, investment information firm ICRA said on Thursday.
Read More
RBI recent measures to boost healthcare infrastructure: ICRA
Updated : 4 years, 10 months ago IST
New Delhi [India], May 8 (ANI): Availability of funds due to recent measures announced by the Reserve Bank of India (RBI) can result in increased capacities and improve healthcare infrastructure in the long-term, investment information agency ICRA has said.
Read More
Concerns re-emerge on retail loans asset quality due to increasing lockdow
Updated : 4 years, 11 months ago IST
New Delhi [India], Apr 24 (ANI): The rising Covid-19 cases has again raised concerns on asset quality of retail loans from non-banking financial companies (NBFCs) and housing finance companies (HFCs), , according to investment information agency ICRA.
Read More
Second Covid wave to delay full recovery for apparel players to FY23: ICRA
Updated : 4 years, 11 months ago IST
New Delhi [India], Apr 21 (ANI): Investment information firm ICRA expects full recovery for Indian apparel players to be prolonged and pushed back to FY2023, given the resurgence of Covid cases in India and some of the key export markets.
Read More
Asset quality headwinds to impact retail NBFC net earnings in FY22: ICRA
Updated : 4 years, 11 months ago IST
New Delhi [India], April 17 (ANI): The growth in assets under management (AUMs) of retail non-banking financial company (retail NBFC) sector is expected to revive in FY22 to about 8 to 10 per cent as compared to an estimated growth of a muted 3 to 5 per cent in FY2021, according to investmen
Read More
Spike in Covid-19 cases challenging aviation sector's recovery
Updated : 4 years, 11 months ago IST
New Delhi [India], Apr 10 (ANI): Domestic air passenger traffic for March is estimated at 77 lakh to 78 lakh against 77.4 lakh in the same month of last year, implying a flat growth, according to rating agency ICRA.
Read More
Non-ferrous metal prices at multi-year highs: ICRA
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 10 (ANI): International prices of non-ferrous metals are fluctuating high and will continue to for the next 12 to 15 months, according to investment information firm ICRA.
Read More
Banks' asset quality remains monitorable despite lower increase in NPAs: I
Updated : 4 years, 11 months ago IST
New Delhi [India], April 6 (ANI): Despite a decline in reported gross and net non-performing assets (NPAs) by banks, their assets quality continues to remain monitorable, ICRA Ratings has said.
Read More
Upstream gas producers continue to bleed as domestic prices remain low: IC
Updated : 4 years, 11 months ago IST
New Delhi [India], April 2 (ANI): Gas production remains a loss-making proposition for most fields among Indian upstream producers despite some decline in oil field services and equipment costs, according to investment information firm ICRA.
Read More