Search For "icra"
Spike in Covid-19 cases challenging aviation sector's recovery
Updated : 5 days, 2 hours ago IST
New Delhi [India], Apr 10 (ANI): Domestic air passenger traffic for March is estimated at 77 lakh to 78 lakh against 77.4 lakh in the same month of last year, implying a flat growth, according to rating agency ICRA.
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Non-ferrous metal prices at multi-year highs: ICRA
Updated : 5 days, 7 hours ago IST
Mumbai (Maharashtra) [India], April 10 (ANI): International prices of non-ferrous metals are fluctuating high and will continue to for the next 12 to 15 months, according to investment information firm ICRA.
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Banks' asset quality remains monitorable despite lower increase in
Updated : 1 week, 2 days ago IST
New Delhi [India], April 6 (ANI): Despite a decline in reported gross and net non-performing assets (NPAs) by banks, their assets quality continues to remain monitorable, ICRA Ratings has said.
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Upstream gas producers continue to bleed as domestic prices remain
Updated : 1 week, 6 days ago IST
New Delhi [India], April 2 (ANI): Gas production remains a loss-making proposition for most fields among Indian upstream producers despite some decline in oil field services and equipment costs, according to investment information firm ICRA.
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ICRA upgrades long-term debt rating of Muthoot Finance to AA-plus
Updated : 4 weeks, 1 day ago IST
New Delhi [India], March 17 (ANI): ICRA has upgraded its ratings on long-term debt facilities of Muthoot Finance from AA to AA-plus with a stable outlook.
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IIP may well continue to contract in February: ICRA
Updated : 1 month ago IST
New Delhi [India], March 15 (ANI): After a rapid recovery seen till October 2020, the trend in index of industrial production (IIP) has turned volatile in the last three months may well continue to contract, suggesting that the economy has entered into a consolidation phase with an underlyin
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BCD on imported solar cells, modules to increase solar bid tariffs
Updated : 1 month ago IST
New Delhi [India], Mar 13 (ANI): The imposition of 40 per cent basic customs duty (BCD) on solar modules is expected to increase capital cost of a solar power plant by 23 to 24 per cent as modules form about 55 per cent of the overall capital cost, according to investment information firm IC
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Outlook negative for power discoms due to falling revenues: ICRA
Updated : 1 month ago IST
New Delhi [India], March 11 (ANI): The outlook for electricity distribution segment remains negative with continued weakness in financial position of most state-owned distribution utilities (discoms), according to a report by ICRA.
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Credit outlook negative for aviation industry: ICRA
Updated : 1 month ago IST
New Delhi [India], March 10 (ANI): Rating agency ICRA has a negative credit outlook on Indian aviation industry, reflecting a view that financial performance of airlines is likely to remain weak in near-to-medium term amid weak air traffic.
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Fiscal deficit to undershoot, may spur cancellation of final two G
Updated : 1 month, 1 week ago IST
New Delhi [India], March 5 (ANI): The yield for the 5.85 per cent government security (GS) 2030 has risen by more than 35 basis points since its introduction to 6.23 per cent intra-day as on Friday with an uptick in recent weeks led by higher-than-expected fiscal deficit, ratings agency ICRA
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ICRA reaffirms AA-plus rating on United Spirit's financial instrum
Updated : 1 month, 2 weeks ago IST
Bengaluru (Karnataka) [India], Feb 27 (ANI): ICRA has reaffirmed AA-plus rating with a stable outlook on United Spirits Ltd's (USL's) Rs 3,425 crore long-term, short-term and non-fund based financial instruments.
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Economic recovery in consolidation phase since January: ICRA
Updated : 1 month, 2 weeks ago IST
New Delhi [India], February 26 (ANI): The pace of underlying growth in Indian economy remains subdued and does not foresee a sharp ramp up in pace of GDP expansion in Q4 FY21, according to investment information agency ICRA.
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