If the heightened tension in West Asia pushes average crude prices by USD 10 per barrel, it will typically push up India's net oil imports by nearly USD 13-14 billion during the year, enlarging India's CAD by 0.3 per cent of GDP, noted a recent report by ICRA.
ICRA stated in it's report, "The Indian aviation industry to report a net loss of Rs. 20-30 billion in FY2026."
This projected loss is similar to the estimated losses in FY2025, and a stark contrast to the ₹1,600 crore net profit reported in FY2024.
Entities in the Indian Defence sector are expected to witness robust growth momentum, with expected revenue expansion of 15-17 per cent in FY2026, according to a report by Investment Information and Credit Rating Agency (ICRA).
Indian companies are expected to maintain healthy operating profit margins in the first quarter of the current financial year (Q1 FY2026), supported by resilient domestic demand and easing input costs, according to a forecast analysis report by rating agency ICRA.
Rare-earth magnet inventories are likely to 'taper off' by mid-July 2025 for the automobile industry, weighed down by the export restrictions from China and ensuing shipment delays, according to a release by rating agency ICRA.
New Delhi [India], June 9 (ANI): The Indian hospitality sector is projected to see a revenue growth of 6-8 per cent in fiscal year 2026, according to a report by Investment Information and Credit Rating Agency (ICRA).
According to a joint report by Moody's Ratings & ICRA, highlights that India will require a huge investment in order to meet ambitious 2070 net-zero emissions norms particularly in the power sector.
The central government has extra space in the fiscal deficit to push up expenditure by at least Rs. 0.8 trillion in FY2026 relative to the Budget Estimates (BE), as the higher GDP and RBI dividend payout provide room for it, according to a report by ICRA.
The Indian general insurance industry is expected to witness strong growth in the coming years, according to a recent report by Investment Information and Credit Rating Agency (ICRA).
India is expected to see the timely start to kharif sowing, supported by the India Meteorological Department's (IMD) improved rainfall forecast, according to a recent report by ICRA.
Domestic gold jewellery consumption in India is projected to expand by a significant 12-14 per cent in value terms in fiscal year 2026, according to a recent report by ICRA. Gold prices surge by 33 per cent in FY25, ICRA says prices will continue to surge in FY26.
Investment Information and Credit Rating Agency (ICRA) on Wednesday, forecasted that electricity demand to grow by 6.0-6.5 per cent over next five years, supported by increasing adoption electric vehicles, the expansion of data centers and the development of green hydrogen segments.