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.
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
Mumbai (Maharashtra) [India], May 11 (ANI): India's gross domestic product (GDP) growth can drop to 8.2 per cent in the current financial year (2021-22) if the second wave of coronavirus pandemic peaks by June-end, according to rating agency Crisil.
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.
New Delhi [India], March 10 (ANI): Rating agency ICRA has a negative credit outlook on Indian aviation industry, reflecting a view that financial performance of airlines is likely to remain weak in near-to-medium term amid weak air traffic.
New Delhi [India], February 23 (ANI): The residential realty sector is witnessing a K-shaped recovery with large listed players recovering at a much better pace than smaller unorganised players, credit rating agency ICRA said on Tuesday.
Chandigarh [India], September 15 (ANI/PRNewswire): QS I-Gauge Rating agency has released the 2020 version of the prestigious ratings of India's top and elite Universities and Institutions. Chandigarh University Gharuan has managed to barge in Top 20 Educational Institutions of India Ratings
Singapore, Sep 11 (ANI): The aggregate earnings before interest, taxes, depreciation and amortisation (EBITDA) for 22 rated Indian non-financial companies will fall by 24 per cent in the current financial year, global rating agency Moody's said on Friday.
New Delhi [India], Aug 28 (ANI): Leading credit rating agency ICRA has reported 17 per cent fall in its operating income for the quarter ended June 30 at Rs 42.5 crore as compared to Rs 51.4 crore in the corresponding quarter of the previous year.
New Delhi [India], Aug 5 (ANI): A further deterioration in asset quality and the risks for banks and non-banking finance companies (NBFCs ) continue to remain high despite most of them reporting a decline in the loans under moratorium phase two (June to August 2020), rating agency ICRA said
New Delhi [India], July 30 (ANI): Rating agency ICRA has reaffirmed IndiGo's long-term rating at A-plus with a negative outlook but downgraded short-term rating by one notch from A1-plus to A1.
New Delhi [India], June 30 (ANI): The Common Service Centre (CSC) special purpose vehicle under the Ministry of Electronics and Information Technology has partnered with credit rating agency TransUnion CIBIL Ltd to provide consumers CIBIL score.