Advertisement

Latest Articles in icra

Anti-Dumping Duty On Chinese Tyres Positive: Icra

Domestic rating agency Icra expects this will lead to a strong demand pickup for large truck tyre manufacturers

Read More

Profitability Of Indian Steel Mills To Improve In Near Term: ICRA

Buoyant international steel prices have benefitted Indian mills to increasingly tap overseas markets, as reflected in a 57% year-on-year growth in exports during April-August 2017

Read More

Domestic Passenger Traffic Growth Plummets To 42 Month Low In July 2017

According to an ICRA note, high base effect – where the passenger traffic had grown by 30 per cent and 26 per cent in July of 2015 and 2016, respectively – impacted the growth

Read More

Power Prices Spike To Rs 9.91 In Spot Market; Unlikely To Be Sustained

Even the average price on India Electricity Exchange rose to Rs 5 per unit on low electricity supply, which is higher than the long term agreement prices for both coal and renewable across states

Read More

‘Growth levers for auto component industry intact, but commodity prices continue to play spoilsport’

According to an ICRA report, long-term growth will be around 10-12 per cent, considering the increasing content per vehicle due to technological advancement and regulatory measures (emission, safety regulations)

Read More

Hotel Industry Growth Continues To Trudge Despite All Right Signals: ICRA

Revenue growth for the industry sample remained subdued with the adjusted (for renovation/ sale of hotels) industry revenue witnessing 2 per cent growth during the quarter

Read More

Domestic Air Traffic Surges 20% In June; Best Since Jan'17: ICRA

The domestic air passenger traffic in the country has registered a healthy year-on-year growth of 20 per cent in June 2017 at 18.9 million compared to the corresponding month last year, according to rating agency ICRA

Read More

No More Cheap Modules From China: Gloomy Days Stare At Indian Solar Projects

The price of the photovoltaic (PV) module which marks almost 70% of a solar project’s cost, has shown an upward trend over the last three to four months

Read More

‘Long Way To Go For Oilseeds Production As Import Dependence For Edible Oils Remains High’

In FY2016 India’s total edible oil demand stood at 24 million tonnes out of which 9 million tonnes was met from domestic production and 15 million tonnes met from imports

Read More

‘Despite temporary slowdown in housing credit growth, long term prospects remain favourable’

There has been deterioration in asset quality indicators for housing finance companies (HFCs) in Q1FY2018 with the gross (non-performing assets) NPAs increasing from 0.84 per cent as on March 31, 2017 to 1.15 per cent as on June 30, 2017

Read More

India’s Core Industries Output Rises 2.4% In July 2017

The modest uptick in core sector growth in July 2017 relative to the previous month was driven by a favourable base effect for steel, cement, fertilizers and electricity

Read More

Domestic Coal Miners Stare At Subdued Demand In Medium To Long Term

The consultancy also expects the domestic coal production to grow by a higher CAGR of around 5.5% between FY2018 and FY2022, leading to a significant reduction in India’s coal imports

Read More

New Metro Rail Policy Puts Onus On States: ICRA

The policy also aims to address the increasing metro rail demand from multiple cities, the highly capital intensive nature of its infrastructure development and limited public resources

Read More