The Centre has been adjusting allocations, inviting applications and refining schemes to increase the incentive disbursement across all sectors, Icra mentioned in its report
Read MoreAs per Icra, the price of the Indian basket of crude oil fell by around 7.6 per cent on a month-on-month basis from 1 to 12 August 2024, which is a positive sign as far as the WPI inflation print for the month is concerned.
Read MoreThe outlook on power distribution segment remains negative as losses continue to remain high in a few large states, says Icra
Read MoreThe credit profiles of the companies in the Indian active pharmaceutical ingredients (API) industry are expected to remain stable, as per the report by Icra
Read MoreIcra states that with the elevated aviation turbine fuel (ATF) prices and the depreciation of the Indian rupee, the improvement in yields is likely to remain monitorable
Read MoreThe rating agency has pointed towards the issues in the labour market such as low levels of formalisation, high unemployment rates among educated youths and low levels of growth in the creation of salaried jobs.
Read MoreRecently, the Centre notified about the reduction of import duties on gold bars from 15 per cent to six per cent during the presentation of the union budget for the financial year 2025
Read MoreIcra expects a relatively moderate 5 to 7 per cent volume contraction in FY2025 and the construction sector gross value added (GVA) to expand by 7 to 7.5 per cent
Read MoreDue to uncertainty around the entire absorption of Rs 1.5 trillion interest-free capex loan to the state government and monsoon disruptions, Icra states that achieving the targets for this fiscal is going to be an ambitious task
Read MoreThe government’s continued infrastructure push and adequate order book position will result in double-digit revenue growth (12 to 15 per cent) for the Indian construction sector in FY2025e
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