ICRA

Funding required for airport infrastructure to counter growing air traffic: ICRA

Funding required for airport infrastructure to counter growing air traffic: ICRA

However, greater involvement of private sector in airports would be possible mainly for airports with long track record of operations; greater certainty of traffic; and where the issue of managing the existing employee base can be addressed.

Oct 07, 2017, 12:39 PM IST

Private banks share in advances to hit 38-40% by FY'20: ICRA

ICRA group head (financial sector ratings) Karthik Srinivasan said private sector banks face challenges of increasing competitive intensity because of weak credit demand while the buoyant debt capital markets pose challenge of balancing growth and profitability.

Sep 21, 2017, 17:19 PM IST
Current account deficit seen at 1.2-1.3% of GDP in FY18: ICRA

Current account deficit seen at 1.2-1.3% of GDP in FY18: ICRA

The increase in CAD in the first quarter was on account of higher trade deficit, which stood at USD 41.2 billion.

Sep 17, 2017, 13:10 PM IST
New norms for solar projects bidding good for sector: ICRA

New norms for solar projects bidding good for sector: ICRA

The guidelines address some of the key concerns pertaining to off-taker credit profile, grid curtailment and termination payments, says an ICRA note.

Sep 11, 2017, 13:58 PM IST
Higher tax mop-up has 12 states in Rs 4000 crore fiscal surplus in Q1

Higher tax mop-up has 12 states in Rs 4000 crore fiscal surplus in Q1

These states have, in fact, budgeted a fiscal deficit of whopping Rs 1,14,160 crore for the current fiscal year, says a report by the domestic rating agency Icra.

Sep 05, 2017, 18:57 PM IST

FY18 challenging for Indian banks, NPAs to rise: Icra

Terming FY18 as a "challenging" year for Indian banking, domestic rating agency Icra on Thursday said newer segments like MSMEs and farmers are also reporting stress, and NPAs for listed banks will shoot up to 10.2 percent by FY18-end.

Aug 31, 2017, 18:20 PM IST
India to grow 6.5-7.5% over 12-18 months: Moody's

India to grow 6.5-7.5% over 12-18 months: Moody's

According to the estimates of the US-based agency, the economy will grow 7.5 percent in 2016-17 and 7.7 percent in 2017-18.

Jul 31, 2017, 12:18 PM IST

DoT to meet telcos, associations tomorrow on new policy

The meeting is expected to be chaired by Telecom Secretary Aruna Sundararajan, and service providers as well as prominent industry bodies have been invited to place their ideas and inputs on the upcoming policy, said multiple sources.

Jul 20, 2017, 20:46 PM IST

RERA likely to impact performance of developers in FY18: ICRA

According to ICRA, implementation of the Act has seen delayed as very few states have been able to create the required regulatory infrastructure till now.

Jul 19, 2017, 18:46 PM IST
Regional Connectivity Scheme-UDAN traffic to be 4 lakh-plus passengers during FY18: ICRA

Regional Connectivity Scheme-UDAN traffic to be 4 lakh-plus passengers during FY18: ICRA

Ratings agency ICRA on Wednesday estimated that passenger traffic generated from the central government`s ambitious regional air connectivity scheme UDAN would be around 4.43 lakh passengers only during FY2018.

Jun 21, 2017, 17:43 PM IST

Over 51% jump in govt's revenue expenditure in April: Icra

Early passage of the budget for 2017-18 has contributed to an upfronting of expenditure, resulting in a sharp 51.2 percent rise in revenue expenditure in April, rating agency Icra said.

Jun 05, 2017, 23:30 PM IST
Moody's downgrades RCom; Company says will clear debt by September 30

Moody's downgrades RCom; Company says will clear debt by September 30

Moody's Investors Service has downgraded Reliance Communications' corporate family rating and senior secured bond rating on account of weak performance and "fragile" liquidity position.

May 30, 2017, 23:42 PM IST

Icra expects gradual pick up in GDP growth in Q4FY17 to 7.1%

Domestic ratings agency Icra on Thursday said it expects GDP growth to rise marginally to 7.1 percent for the fourth quarter on a gradual remonetisation, up from the preceding quarter's 7 percent.

May 25, 2017, 18:00 PM IST

ICRA downgrades RCom credit rating on weak biz outlook

Following pressure on earnings of Reliance Communications, ICRA has downgraded credit rating of the company for debts that it has raised.

May 06, 2017, 10:45 AM IST
Affordable housing to be growth driver for housing finance market

Affordable housing to be growth driver for housing finance market

Domestic rating agency Icra on Wednesday said affordable housing segment is likely to grow over 30 percent over the medium term and will be the key growth driver for the mortgage finance market.

Mar 22, 2017, 18:08 PM IST
India's current account deficit to touch $30 billion in 2018

India's current account deficit to touch $30 billion in 2018

India`s current account deficit is expected to increase by $10 billion to $30 billion in the 2017-18 fiscal due to higher oil and gold imports, credit rating agency ICRA said.

Mar 09, 2017, 15:06 PM IST
7.1% GDP estimate erroneous, Indian economy to grow 6.8% in 2016-17, says Icra

7.1% GDP estimate erroneous, Indian economy to grow 6.8% in 2016-17, says Icra

The arsenal thrown at government this time has come from domestic rating agency Icra, and not from the Opposition camp, which claims that incomplete data was used to arrive at advance GDP estimates for 2016-17.

Jan 07, 2017, 14:48 PM IST
Disappointed with contracted IIP data, India Inc pitches for sops to boost consumption-driven demand

Disappointed with contracted IIP data, India Inc pitches for sops to boost consumption-driven demand

Disappointed with the 0.7 per cent contraction in industrial output, India Inc has pitched for incentives to boost consumption-driven demand for attracting fresh investments.

Oct 10, 2016, 20:58 PM IST
IDFC issues commercial papers of Rs 700 crore

IDFC issues commercial papers of Rs 700 crore

Infrastructure lender IDFC Ltd has issued commercial papers (CPs) worth Rs 700 crore earlier this week.

Sep 17, 2016, 19:11 PM IST
'Global investments to help developers acquire new projects'

'Global investments to help developers acquire new projects'

With global investors committing over USD 2 billion in the Indian real estate sector, credit rating agency ICRA said developers would be able to acquire new projects and ensure healthy launch pipeline.

Aug 23, 2016, 16:43 PM IST