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Latest Articles in icra

Icra Cuts Its FY22 GDP Estimate By 0.5% , Sees Economy Expanding By 10.5 %

Starting with Maharashtra, a slew of other pockets in the country like Delhi have been taking to localised lockdowns to arrest the climbing COVID-19 cases, which derails economic activity.

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Buoyant Global Rates To Support Domestic Steel Prices Amid Possible Moderation In Demand: ICRA

Steel demand in February 2021 reported a month-on-month decline of 7.6 per cent as elevated steel prices kept some of the end-users in wait and watch mode.

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ICRA Upgrades Long Term Debt Rating Of Muthoot Finance

This upgrade can further attract investments from Retail Investors in the public Issue of NCDs in which company has track record of 24 issuances raising Rs. 17392 crore cumulatively.

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ICRA Expects Domestic Air Passenger Traffic To Return To Pre-COVID-19 Level By FY23

Domestic passenger traffic has reached around 61 per cent and international passenger traffic at 23 per cent of the pre-COVID-19 level in January 2021

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Economic recovery in consolidation phase since January: ICRA

Economic recovery in consolidation phase since January: ICRA

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Large real estate players double market share: ICRA

Large real estate players double market share: ICRA

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ICRA reaffirms AAA stable for Axis Bank's infra bonds, debentures

ICRA reaffirms AAA stable for Axis Bank's infra bonds, debentures

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Long-term growth outlook remains positive for affordable housing finance industry: ICRA

Long-term growth outlook remains positive for affordable housing finance industry: ICRA

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Telecom Tariff Hikes To Ring In Revenue Growth In FY22: ICRA

ICRA expects total industry debt to remain elevated at Rs. 4.7 lakh crore as on March 31, 2022. The improvement in operating metrics is likely to translate into an expansion of the debt coverage indicators.

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Cement production likely to be up by 20 pc in FY22: ICRA

Cement production likely to be up by 20 pc in FY22: ICRA

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Rising Delinquencies To Keep Profitability Under Pressure For Foreign PV NBFC Captives: ICRA

ICRA expects recovery for NBFC passenger vehicle credit in FY22 with an expected credit growth of 3 to 5 per cent year-on-year.

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New rules for H-1B visa mild negative for Indian IT services: ICRA

New rules for H-1B visa mild negative for Indian IT services: ICRA

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Indian apparel exports to be on growth path: ICRA

Indian apparel exports to be on growth path: ICRA

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GDP may rebound to 10.1 pc growth in FY22: ICRA

GDP may rebound to 10.1 pc growth in FY22: ICRA

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How Does 2021 Look For The Hospitality Industry?

ICRA estimates that FY2021 revenues and margins are expected to decline sharply and that the industry will take over two years to reach normalcy and pre-covid revenue levels.

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