Search For "icra"
Auto component industry to witness 20-23 pc growth in FY22: ICRA
Updated : 6 days, 18 hours ago IST
New Delhi [India], July 29 (ANI): The Indian auto component industry is expected to report 20 to 23 per cent revenue growth in FY2022, supported by strong exports demand, and recovery in domestic original equipment and aftermarket segments.
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Improving business sentiment can accentuate recovery: ICRA
Updated : 3 weeks, 6 days 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:
Updated : 1 month, 1 week 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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Regulatory hurdles pose headwinds for open access based RE project
Updated : 1 month, 1 week ago IST
New Delhi [India], June 25 (ANI): Independent power producers in renewable power sector selling power in open access route are faced with increasing regulatory constraints in the form of upward revision of open access charges, denial of open access approvals and tightening of energy banking
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Auto component suppliers to see 70 pc dip in Q1 profits: ICRA
Updated : 1 month, 1 week ago IST
New Delhi [India], June 22 (ANI): Auto component suppliers are likely to witness over 70 per cent decline in operating profits during first quarter of current financial year (Q1 FY22) due to Covid 2.0 lockdown restrictions, investment information firm ICRA said on Tuesday.
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General insurance industry to grow at 7 to 9 pc in FY22: ICRA
Updated : 1 month, 2 weeks ago IST
New Delhi [India], June 18 (ANI): The general insurance industry is expected to clock 7 to 9 per cent growth in gross direct premium income during FY22, investment information firm ICRA has said.
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With phased unlocking under way, GDP growth projected at 8.5 pc in
Updated : 1 month, 3 weeks ago IST
New Delhi [India], June 10 (ANI): Rating agency ICRA on Thursday projected the year-on-year (YoY) growth of GDP and gross value added (GVA) at basic prices (at constant 2011-12 prices) at 8.5 per cent and 7.3 per cent respectively in FY2022.
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Gas distribution volumes hit by Covid-19 lockdowns: ICRA
Updated : 1 month, 3 weeks ago IST
New Delhi [India], June 8 (ANI): The city gas distribution (CGD) sector's domestic gas volumes declined by 12 per cent month-on-month to 15.2 million metric standard cubic metre per day (MMSCMD) in April as transportation and passenger mobility segments were hit the hardest by lockdowns, acc
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Lockdowns adversely impact collections of non-bank finance compani
Updated : 2 months ago IST
New Delhi [India], June 3 (ANI): Investment information firm ICRA has said that non-banks (non-banking finance companies and housing finance companies) will feel the stress of second wave Covid-19 lockdowns and movement restrictions imposed by various states in April and May.
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Toll collection on national highways to fall by 25-30 pc: ICRA
Updated : 2 months, 1 week ago IST
New Delhi [India], May 29 (ANI): Toll collection on national highways is likely to fall by 25 to 30 per cent in May over last month as a fall out of the lockdown and restrictions imposed by several states to contain the spread of coronavirus, according to rating agency ICRA.
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ICRA pegs GST compensation of Rs 2.65 lakh crore for states
Updated : 2 months, 1 week ago IST
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.
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Slackening economic momentum to limit discretionary purchases: ICR
Updated : 2 months, 2 weeks ago IST
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
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