Aggressive competition amongst players will constrain margin recovery, despite healthy revenue growth expectations
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Large ticket transactions by private sector banks led to the steep growth in overall securitisation volumes for Q2FY25, says Icra
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India achieved an ethanol blending ratio of 15.80 per cent in July 2024 while the cumulative ethanol blending from November 2023 to July 2024 stood at 13.3 per cent
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The GST compensation cess was initially imposed on specified items in July 2017, for a period of five years
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The industry revenues pegged to grow at 6 to 9 per cent in FY2025 amid a competitive pricing environment, says Icra
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After witnessing healthy growth in the calendar year 2021 (CY21) and CY22, global apparel trade declined by around 7 per cent to USD 520 billion in CY23 amid inflationary pressures and destocking by customers and retailers
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Revenues are estimated to increase by 9 to 11 per cent from the US market and 7 to 9 per cent each from the European and the domestic markets in FY2025
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After considering the ethanol diversion of 4 million metric tonne (MMT), net sugar production is likely to decline to 29.3 MMT
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Driven by the stable demand and the discounts being offered by the original equipment manufacturers (OEMs), retail sales remain steady
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Icra projects gross domestic product (GDP) and gross value added (GVA) growth at 7.0 per cent and 6.7 per cent in FY2025, aided by a pickup in H2 owing to tailwinds
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