The 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
Read MoreAfter a healthy financial year (FY) 2024, the pan-India premium hotel occupancy is expected to be in a range of 70 to 72 per cent for the year and the average room rates (ARRs) are likely to increase to Rs 7,800 to 8,000 in FY25
Read MoreThe domestic demand growth to outpace exports, supported by a recovery in demand from downstream segments
Read MoreThe government is likely to temper down its borrowing compared to the amount pencilled in the interim budget estimates, depending on the magnitude of reduction in the fiscal deficit number
Read MoreThe Icra report underscores the critical fiscal strategies that state governments are likely to adopt, influenced by revised tax devolutions and increased capex loans
Read MoreThe rupee depreciation and spiking freight costs due to logistical challenges worsened the price increase
Read MoreRating agency Icra says, the operating profit margin for India Inc is likely to remain steady at 15 to 18 per cent in Q1FY2025
Read MoreCredit quality in India’s financial system has improved, with record-high profitability, low delinquencies and domestic-oriented funding underpinning stable credit ratings
Read MoreAccording to Icra, forecasts suggest this trend will continue, with expectations of a further surge to 55 per cent by March 2025, indicating a notable consolidation within the sector.
Read MoreNo states and union territories in India witnessed a sequential decline in Average Assets under Management (AAUM) in April 2024.
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