Search For "rating agency icra"
Domestic commercial vehicle industry on recovery path, sales to grow 12 -1
Updated : 3 years, 6 months ago IST
New Delhi [India], August 19 (ANI): Indian commercial vehicle industry is on the road to recovery and is expected to witness a growth (in volume) of 12-15 per cent in 2022-23 (April-March), rating agency ICRA said in a report.
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Rating agency ICRA sees India's policy rate hike shallower than US
Updated : 3 years, 8 months ago IST
New Delhi [India], June 27 (ANI) Given the uneven domestic economic recovery, and a relatively larger output gap compared to pre-Covid levels, as well as higher inflation tolerance levels, rating agency ICRA expects India's policy rate hike cycle to be shallower vis-a-vis the US Fed.
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Data centre industry has Rs 1.20 lakh crore investment in pipeline: Report
Updated : 3 years, 9 months ago IST
New Delhi [India], June 9 (ANI): Data centre capacity in India is estimated to post a five-fold jump in the next five years and attract an investment of around Rs 1.20 lakh crore during this period, as per a recent report by rating agency ICRA.
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Vodafone Idea's financial stress to impact various stakeholders, govt supp
Updated : 4 years, 6 months ago IST
New Delhi [India], Sep 6 (ANI): The stress on Vodafone Idea Ltd (VIL) is likely to impact financial as well as other stakeholders and can impact the industry structure, rating agency ICRA said on Monday.
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Renewable energy sector outlook supported by strong project pipeline: ICRA
Updated : 4 years, 6 months ago IST
New Delhi [India], Aug 30 (ANI): Rating agency ICRA has said its outlook for renewable energy (RE) sector is stable supported by continued policy support from the government, strong project pipeline and superior tariff competitiveness offered by wind and solar power projects -- both in the u
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Fertiliser volume expected to moderate marginally in FY22: ICRA
Updated : 4 years, 6 months ago IST
New Delhi [India], Aug 21 (ANI): Primary fertiliser sales volume during first four months of FY22 registered 11 per cent decline compared to 4M FY21, mainly due to the base effect as during H1 FY21 fertiliser sales witnessed an upsurge owing to panic buying by farmers following Covid-19 pand
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E-buses to witness healthy traction in coming years: ICRA
Updated : 4 years, 6 months ago IST
Gurugram (Haryana) [India], August 20 (ANI): Electric buses are expected to account for 8 to 10 per cent of new sales by 2025 and be at the forefront of India's electrification drive, according to rating agency ICRA.
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Firmed-up international prices brighten prospects for sugar exports: ICRA
Updated : 4 years, 6 months ago IST
New Delhi [India], Aug 20 (ANI): Sugar export prospects appear encouraging for next sugar season (SY2022) in light of recent surge in international raw sugar prices to around USD 430 per tonne in August -- the highest levels in past four years -- rating agency ICRA has said.
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Heightened risk aversion keeps bond issuances muted in Q1: ICRA
Updated : 4 years, 7 months ago IST
New Delhi [India], Aug 10 (ANI): Fresh rupee denominated bond issuances witnessed a sharp decline of 45 per cent to Rs 1.3 lakh crore in Q1 FY2022 on a YoY and a QoQ basis (Rs 2.3 lakh crore each in Q4 FY2021 and Q1 FY2021), according to rating agency ICRA.
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July marks recovery in domestic air passenger traffic: ICRA
Updated : 4 years, 7 months ago IST
New Delhi [India], Aug 5 (ANI): Domestic air passenger traffic grew 56 per cent at about 48 lakh in July compared to 31 lakh in June as Covid infection trajectory declined, rating agency ICRA said on Thursday.
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Improving business sentiment can accentuate recovery: ICRA
Updated : 4 years, 8 months ago IST
New Delhi [India], July 8 (ANI): A sequential improvement in economic momentum set in during June with many states having started phased unlocking of restrictions imposed after the second wave of Covid-19, rating agency ICRA said on Thursday.
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Covered bonds likely to pick up with better stakeholder awareness: ICRA
Updated : 4 years, 8 months ago IST
New Delhi [India], June 26 (ANI): Covered bonds backed by security pool of gold loans and vehicle loans are findling favour with investors, rating agency ICRA has said.
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