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  This NBFC awaits RBI approval for expansion in international markets

  Business | April 24, 2025 15:15 IST

  Meanwhile, Equity benchmark indices Sensex and Nifty declined in early trade on Thursday amid profit-taking after a seven-day rally and muted trend in Asian markets.

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  WPI inflation surges to 16-month high of 3.36 per cent in June on costlier vegetables

  Business | July 15, 2024 16:06 IST

  Wholesale inflation in India reached a 16-month high of 3.36% in June, driven by rising prices of food articles, especially vegetables, and manufactured items. This marks the fourth consecutive month of increasing inflation, up from 2.61% in May.

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  Domestic air passenger traffic logs estimated 83 percent growth in April: ICRA

  Business | May 09, 2022 17:13 IST

  the domestic airline operators saw the international passenger traffic marginally surpassing the pre-pandemic numbers (around 1.83 million), with total volumes standing at around 1.85 million. 

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  GST compensation fund likely to fall short by Rs 25,000 cr in current fiscal: Icra

  Business | February 07, 2020 17:12 IST

  Pegging the unpaid GST compensation to the states at Rs 60,000-70,000 crore for the October 2019-January 2020 period, rating agency Icra has said the GST compensation fund may see a shortfall of Rs 15,000-25,000 crore for 2019-20

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  Domestic air passenger traffic could grow 4.5% in FY20: ICRA

  India | December 20, 2019 7:42 IST

  According to the ratings agency, while the aviation turbine fuel prices have been benign in the current fiscal, yields continue to be under pressure.

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  ICRA downgrades Karvy Broking to non-cooperating category

  Business | November 19, 2019 22:55 IST

  ICRA said the rating downgrade is on account of lack of adequate information regarding the performance of Karvy Stock Broking and hence the uncertainty around its credit risk profile.

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  ICRA revises outlook on construction equipment sector

  Business | September 26, 2019 15:37 IST

  Rating agency ICRA on Thursday revised the outlook on construction equipment (CE) sector to 'negative', citing a sharp drop in unit sales amidst slowing economic growth.

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  Punjab National Bank sells its entire stake in ICRA for over Rs 108 crore

  Business | June 29, 2018 23:58 IST

  “The bank has sold its entire stake of 3,30,000 shares of Icra Ltd through block deal at exchange platform for gross sale consideration of Rs108.60 crore on June 28, 2018,” the bank said in a regulatory filing.  

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  Housing credit growth slows to 16 pc in FY17: Icra

  June 20, 2017 18:30 IST

  In the financial year ended March 2016, the housing credit grew by 19 per cent. Overall housing credit stood at Rs 14.4 trillion as on March 31, 2017 as against Rs 12.4 trillion as on March 31, 2016.

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  RBI likely to hold rates through the fiscal: ICRA

  November 05, 2014 8:17 IST

  Mumbai: Notwithstanding moderation in inflation, the Reserve Bank is likely to keep status quo on the policy rates this fiscal to check price rise expectations, says a report."We expect the central bank to stick to

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  Insurers may need around Rs 8,000 crore as new capital: Icra

  September 10, 2014 23:53 IST

  Mumbai: The non-life segment will lead the recapitalisation drive in the domestic insurance sector, as the industry as a whole may raise up to Rs. 8,000 crore over the next five years to shore up

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  Jet Airways executives to meet Icra following downgrade

  August 24, 2014 20:49 IST

  New Delhi: Jet Airways executives are expected to meet the domestic rating agency Icra tomorrow following a downgrade of its debt rating after the airline failed to meet loan repayment schedule. “It is very disappointing that

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  ICRA hits life-time high, rallies 17% as Moody's hikes stake

  June 20, 2014 17:03 IST

  New Delhi: Shares of ICRA jumped over 17 per cent in intraday trading to hit a life-time high after promoters Moody's acquired a majority equity stake in the company to over 50 per cent.The promoters

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  GDP growth may go up to 5.5% in FY15: Icra

  May 28, 2014 16:33 IST

  Mumbai: Domestic ratings agency Icra today said GDP growth in 2014-15 may touch 5.5 per cent as pick up in manufacturing and investment is expected in the second half of the current fiscal.“Indian GDP growth

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  RBI may not ease rates till Jan 2015: Icra

  May 01, 2014 23:50 IST

  Mumbai: The Reserve Bank of India (RBI) is unlikely to ease rates till early 2015 as the possibility of a below-average monsoon will make it difficult to contain inflation at the targeted 8 per cent

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  MFIs to grow 30-35% for 3-years: ICRA

  October 22, 2013 21:52 IST

  Mumbai: Improved fund availability and significant unrealised potential are likely to help the country's micro finance institutions to grow at an annual rate of 30-35 per cent over the next three years, a study said.

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  Profitability of Nalco, Hind Copper to improve on weak Indian rupee: ICRA

  September 19, 2013 22:33 IST

  New Delhi: The weakening trend in Indian rupee is likely to help improve profitability of domestic non-ferrous metal producers like Nalco and Hindustan Copper as local prices are influenced by import parity prices, according to

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  ICRA defends aligning of power tariffs to imported coal costs

  May 23, 2013 15:10 IST

  Mumbai, May 22: Amid opposition to the recent CERC ruling allowing power producers of imported coal to revise tariffs according to the cost of coal imports, an ICRA report has found that the resultant tariff