Icra says that secondary steel producers could witness margin decline by 80 to 250 basis points
Read More
Icra has expected a decline of 60 to 180 basis points (bps) for the primary steel producers. Taking into consideration, the cess of 5 to 15 per cent on iron ore, based on current prices, the rating agency has projected a decline of 80 to 250 basis points for the secondary producers
Read More
Icra reports that even though the domestic wholesale volumes reported moderation on a YoY basis, they were steady at 3.4 lakh units in July 2024
Read More
The Indian MCE industry imports nearly 50 per cent of its component requirement (by value) from suppliers based out of China, Japan, and South Korea, among others
Read More
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 More
As 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 More
The outlook on power distribution segment remains negative as losses continue to remain high in a few large states, says Icra
Read More
The 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 More
Icra 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 More
The 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 More
