India to clock 13.7% growth in FY’22, contract 7 pc this fiscal: Moody’s
Moody’s had in November last year projected Indian economy to contract 10.6% in the current fiscal and return to growth
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‘NBFCs’ growth may revive as demand rises’
Growth in assets under management (AUM) of non-banking financial companies, or NBFCs (excluding infrastructure NBFCs), and housing finance firms will
Read more‘Bank profitability may rise in FY22 on better asset quality’
Improved asset quality and consequently lower credit provisions could drive better profitability next fiscal for banks, ICRA Ratings said in
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GDP to contract 7.8% in FY21: ICRA
ICRA on Thursday forecast India’s GDP would contract 7.8% in FY21. Rising raw material and wage costs would partly counteract
Read moreAviation loss to widen to ₹21,000 cr. in FY21: ICRA
‘Sector needs up to ₹37,000 cr. more’ The Indian aviation industry is estimated to report a significant net loss of
Read morePent-up demand spurring activity, may not sustain: ICRA
‘Oct. production spikes are exaggeration of true recovery’ The pick up in economic activity in October was the result of
Read moreTwo-wheelers headed for strong festival show: ICRA
Two-wheeler sales are expected to grow during festive season despite the pandemic, aided by rural demand, as per an ICRA
Read moreAutos to log double-digit volume decline: ICRA
The Indian automobile sector is expected to log double-digit decline in volumes in the current year across all vehicle segments,
Read moreAutos to log double-digit volume decline: ICRA
The Indian automobile sector is expected to log double-digit decline in volumes in the current year across all vehicle segments,
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Negative ratings surged on COVID-19 curbs: ICRA
Business disruption caused by COVID-19 has led to a weakening in the credit profile of a large number of entities
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