Search For "icra"
Slowdown in GDP growth intensified by note ban, notes ICRA
Updated : 8 years, 7 months ago IST
New Delhi [India], May 31 (ANI): Soon after the Central Statistics Office (CSO) released the new estimates of the growth of the Gross Domestic Product (GDP) in the fourth quarter of the current financial year, credit-rating body ICRA asserted that the slowdown in the growth of GDP that had
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GVA expected to rise by 6.9 pct in Q4 FY2017 aided by remonetisation: ICRA
Updated : 8 years, 7 months ago IST
New Delhi [India], May 25 (ANI): Credit rating agency ICRA expects Indian GDP and gross value added (GVA) at basic prices to expand by 7.1 percent and 6.9 percent, respectively, in year-on-year (YoY) terms in Q4 FY2017.
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Haryana's Textile Policy to boost investments, spur development of te
Updated : 8 years, 7 months ago IST
New Delhi [India], May 3 (ANI): Credit rating agency ICRA on Wednesday announced that the Haryana state government recently announced the state specific Textile Policy on April 2017 that aims for integrated development of the textile industry with the state, at the same time remove the curre
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Cement prices rebound to pre-demonetisation levels: ICRA
Updated : 8 years, 7 months ago IST
New Delhi [India], Apr 28 (ANI): Credit rating agency ICRA has recovered to pre-demonetisation levels of prices of key commodity such as cement in April 2017.
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Renewable energy sector growth attributable to wind, solar energy: ICRA
Updated : 8 years, 7 months ago IST
New Delhi [India], Apr 25 (ANI): According to credit-rating body ICRA, the growth of the renewable energy (RE) sector was driven by the large capacity additions in the wind and solar power segments.
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RBI's tightening of prompt corrective action framework positive for b
Updated : 8 years, 7 months ago IST
New Delhi [India], Apr 19 (ANI): According to credit rating agency ICRA, the Reserve Bank of India's (RBI)'s revision in the prompt corrective action (PCA) framework for the banks is a positive and a welcome step, given the operating and financial profile of some of the banks.
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Domestic passenger traffic growth drops to 15.7 percent
Updated : 8 years, 7 months ago IST
New Delhi [India], Apr 18 (ANI): A study conducted by credit-rating body ICRA revealed a decline in the domestic passenger traffic growth in February 2017.
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Improving tariff competitiveness of solar PV energy favourable for discoms
Updated : 8 years, 7 months ago IST
New Delhi [India], Apr. 14 (ANI): Credit rating body ICRA on Thursday stressed on the importance of enhancing tariff competitiveness of solar PV energy against both alternate renewable as well as conventional energy sources.
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Asset quality woes to continue affecting banks in FY2018: ICRA
Updated : 8 years, 7 months ago IST
New Delhi [India], Apr. 13 (ANI): Based on an analysis of the asset quality of the Indian banking sector conducted by credit-rating body ICRA, it can be observed that although the fresh non-performing asset (NPA) generation rate continues to show signs of moderation, declining asset quality
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Raw sugar imports unlikely to affect sugar prices negatively in the near t
Updated : 8 years, 7 months ago IST
New Delhi [India], Apr 12 (ANI): Credit rating agency ICRA on Wednesday said that the recent duty free raw sugar imports of 0.5 million MT till June 12, 2017 imposed by Central Government is unlikely to have any significant negative impact on the prices or profitability of sugar mills in the
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Global tea production trends, favorable demand prospects likely to lead to
Updated : 8 years, 7 months ago IST
New Delhi [India], Apr 8 (ANI): In the current year, tea realizations are expected to remain buoyant following higher demand for tea, particularly given the expected supply side issues in both Sri Lanka and Kenya.
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ICRA assigns iAAA rating to Tata AIG General Insurance Company
Updated : 8 years, 7 months ago IST
New Delhi [India], Apr 5 (ANI): TATA AIG General Insurance Company Limited, one of India's leading private sector General Insurance Company has been conferred the 'iAAA' rating (pronounced as I triple A) for their Claims Paying Ability by the rating agency ICRA.
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