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3h
Business Standard India
Moody's announces stable outlook for India power sector over 18 monthsRating agencies Moody's Investors Service and ICRA on Monday said they have a s
Business Standard India / Posted 3 hours ago
Rating agencies Moody's Investors Service and ICRA on Monday said they have a stable outlook for the Indian power sector over the next 12-18 months and expects a change in its energy mix towards renewables. The stable outlook reflects their... Read more
2d
Business Standard India
Exports jump 30% in November, trade deficit high at $13.8 billionthe recovery may not be across the board as import of project goods declined 48
Business Standard India / Posted 2 days ago
the recovery may not be across the board as import of project goods declined 48.5 per cent in November. Aditi Nayar of ICRA said while the high growth in exports in November came as a relief following the contraction in the previous month, it... Read more
2 related articles
3d
Business Standard India
Moody's has stable outlook for non-financial corporates, except telcosto pressure cash flows, ultimately driving consolidation activity towards a thr
Business Standard India / Posted 3 days ago
to pressure cash flows, ultimately driving consolidation activity towards a three player market. Moody's domestic arm Icra has a stable outlook for the passenger vehicle industry as it expects in the near and medium term sales to remain robust... Read more
3d
Business Standard India
Kerosene subsidy may go by 2020manufacturing units to aviation turbine fuel or diesel,” said K Ravichandran, s
Business Standard India / Posted 3 days ago
manufacturing units to aviation turbine fuel or diesel,” said K Ravichandran, senior vice-president at ratings agency ICRA. Over the years, LPG has been replacing kerosene as a fuel in rural India. During 2016-17, its consumption rose almost... Read more
3d
Business Standard India
Value-added segment to help copper smelters offset margin pressureupon external sources of bauxite/alumina,” said Jayanta Roy, senior vice-presid
Business Standard India / Posted 3 days ago
upon external sources of bauxite/alumina,” said Jayanta Roy, senior vice-president (Group Head - Corporate Sector Ratings), ICRA. Outside the base metals business, Vedanta, however, could also find some cushion from rising oil prices, given its... Read more
4d
Business Standard India
MF industry AUM stands at Rs 22.79 lakh cr in Nov: Icrathe overall investor sentiment was boosted by the country's rating upgrade by M
Business Standard India / Posted 4 days ago
the overall investor sentiment was boosted by the country's rating upgrade by Moodys," according to a report complied by Icra. In November this year, Moody's had upgraded the country's sovereign rating by a notch to "Baa2" with a stable outlook... Read more
3 related articles
5d
Business Standard India
RBI likely to extend NCLT deadline for second NPA listwill bring transparency to bid evaluation process and will help avoid litigatio
Business Standard India / Posted 5 days ago
will bring transparency to bid evaluation process and will help avoid litigation,” he said. According to rating agency ICRA, the second list of 29 cases has accounts from diverse sectors. The total exposure of lenders to these cases is about Rs... Read more
5 related articles
5d
Business Standard India
Industrial growth slows; retail inflation at 15-month higha broad-based uptick to an eight-month high of 4.9 per cent in November from 4.
Business Standard India / Posted 5 days ago
a broad-based uptick to an eight-month high of 4.9 per cent in November from 4.6 per cent in October, said Aditi Nayar of ICRA. IIP growth figures were revised from 3.8 per cent to 4.1 per cent in September, even though it was still less than a... Read more
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5d
dna
Government issues guidelines for tariff-based wind power procurementsector in absence of guidelines,” the ministry’s announcement statement said.
dna / Posted 5 days ago
sector in absence of guidelines,” the ministry’s announcement statement said. Commenting on the issuance of guidelines, ICRA Ratings observed, “The guidelines address some of the key concerns for the sector pertaining to off-taker’s credit... Read more
6d
Business Standard India
Govt issues guidelines for wind power auction aimed at cost effectivenesstowards achievement of 60 GW by 2022." Commenting on guidelines, Sabyasachi Ma
Business Standard India / Posted 6 days ago
towards achievement of 60 GW by 2022." Commenting on guidelines, Sabyasachi Majumdar, Senior Vice President & Group Head, ICRA Ratings, said, "The payment security approved in the new bidding guidelines has not been seen in PPAs signed by the... Read more
9d
Business Standard India
Price hikes won't lead to gains for cement firmsthe Real Estate Regulatory Authority (RERA) Bill slowing down construction acti
Business Standard India / Posted 9 days ago
the Real Estate Regulatory Authority (RERA) Bill slowing down construction activities, led to lower-than-expected demand. With all this, ICRA now expects a rebound in ... Key stories on business-standard.com are available to premium subscribers on... Read more
13d
asianage
RBI policy meet begins; decision on key rate tomorroware firming up and there are concerns about inflation," Union Bank MD and CEO R
asianage / Posted 13 days ago
are firming up and there are concerns about inflation," Union Bank MD and CEO Rajkiran Rai G has said. Credit rating firm ICRA has also said that RBI is likely to keep the key policy rate unchanged at 6 per cent as it expects retail inflation to... Read more
13d
Business Standard India
Rate cut or status quo? RBI policy meet begins; decision on rate tomorroware firming up and there are concerns about inflation," Union Bank MD and CEO R
Business Standard India / Posted 13 days ago
are firming up and there are concerns about inflation," Union Bank MD and CEO Rajkiran Rai G has said. Credit rating firm ICRA has also said that RBI is likely to keep the key policy rate unchanged at 6 per cent as it expects retail inflation to... Read more
14d
The Indian Express
PSU banks write off Rs 55,356 crore in six monthsloans worth Rs 55,356 crore in the first six months of fiscal 2017-18, accordin
The Indian Express / Posted 14 days ago
loans worth Rs 55,356 crore in the first six months of fiscal 2017-18, according to data compiled by credit rating agency ICRA, as banks attempt to clean up their balance sheets after a string of defaults by firms and promoters in the wake of the... Read more
14d
The Hindu
Inflation may force RBI to hold ratesprice index based-inflation accelerated to a seven-month high of 3.58% in Octob
The Hindu / Posted 14 days ago
price index based-inflation accelerated to a seven-month high of 3.58% in October from 3.28% in September. Rating agency ICRA said although CPI inflation for October was lower than the 4.2-4.6% range for the second half of FY18 that the MPC had... Read more
14 related articles
15d
asianage
RBI likely to keep interest rate at 6 per cent, focus on inflation controltax regime. The GDP growth in the second quarter of 2017-18 compares to 5.7 pe
asianage / Posted 15 days ago
tax regime. The GDP growth in the second quarter of 2017-18 compares to 5.7 per cent in April-June. Credit rating firm ICRA has said RBI is likely to keep the key policy rate unchanged at 6 per cent as it expects retail inflation to firm up in... Read more
14 related articles
15d
The Hindu
RBI may not change repo rate citing inflation worries: Icrabank will announce the policy review on December 6 after two days of MPC meetin
The Hindu / Posted 15 days ago
bank will announce the policy review on December 6 after two days of MPC meeting beginning December 5. Rating agency Icra said although the CPI inflation for October is lower than the range of 4.2% to 4.6% for the second half of FY18 that the... Read more
14 related articles
17d
Business Standard India
April-Oct fiscal deficit at 96% of Budget Estimatethat tax and non-tax revenues would undershoot the budgeted level,” said Aditi
Business Standard India / Posted 17 days ago
that tax and non-tax revenues would undershoot the budgeted level,” said Aditi Nayar, principal economist at ratings agency Icra Given the front-loading of expenditure in the early part of the year, said Nayar, capital outlay would have to contract... Read more
2 related articles
17d
Business Standard India
Manufacturing activity pushes up GDP growth; investments grow by 4.7% in Q2businesses appear to not have fully adjusted to the procedures of the new syste
Business Standard India / Posted 17 days ago
businesses appear to not have fully adjusted to the procedures of the new system,” says Aditi Nayar, principal economist at Icra. On the expenditure side, notwithstanding limitations, the data shows that both private and government spending has... Read more
14 related articles
18d
Business Standard India
Economy rebounds: GDP growth rate rises to 6.3% in September quarteron the basis of restocking after the GST, rising commodity prices and fewer dis
Business Standard India / Posted 18 days ago
on the basis of restocking after the GST, rising commodity prices and fewer discounts led to a revival in earnings," Icra Principal Economist Aditi Nayar said. The government accounts data, released earlier in the day, showed that the... Read more
14 related articles
18d
Business Standard India
Q2 GDP LIVE Updates: Experts see big boost for Modi before Gujarat pollsa gradual recovery led by the industrial sector as businesses adjust to the GST
Business Standard India / Posted 18 days ago
a gradual recovery led by the industrial sector as businesses adjust to the GST regime," said Aditi Nayar, an economist at ICRA, the Indian arm of Moody's Investors Service. On November 17, Moody's upgraded India's sovereign credit rating for the... Read more
2 related articles
18d
Business Standard India
Sensex falls 150 points, Nifty tests 10,300 ahead of Q2 GDPIn fact, demand for loans is their bread and butter. So, until the going was go
Business Standard India / Posted 18 days ago
In fact, demand for loans is their bread and butter. So, until the going was good, shares of CRISIL, CARE Ratings and ICRA were in vogue, even reckoned as all-weather ones. Lately, however, these are losing the sheen. They underperformed the... Read more
18d
asianage
India seen posting stronger growth on GST, note ban disruptions fadinga gradual recovery led by the industrial sector as businesses adjust to the GST
asianage / Posted 18 days ago
a gradual recovery led by the industrial sector as businesses adjust to the GST regime,” said Aditi Nayar, an economist at ICRA, the Indian arm of Moody’s Investors Service. On November 17, Moody’s upgraded India’s sovereign credit rating for the... Read more
2 related articles
18d
Business Standard India
Q2 GDP figure out today: Stronger growth likely as businesses adjust to GSTa gradual recovery led by the industrial sector as businesses adjust to the GST
Business Standard India / Posted 18 days ago
a gradual recovery led by the industrial sector as businesses adjust to the GST regime," said Aditi Nayar, an economist at ICRA, the Indian arm of Moody's Investors Service. On November 17, Moody's upgraded India's sovereign credit rating for the... Read more
2 related articles
18d
Business Standard India
Stocks of credit rating agencies lose sheenIn fact, demand for loans is their bread and butter. So, until the going was go
Business Standard India / Posted 18 days ago
In fact, demand for loans is their bread and butter. So, until the going was good, shares of CRISIL, CARE Ratings and ICRA were in vogue, even reckoned as all-weather ones. Lately, however, these are losing the sheen. They underperformed the... Read more
18d
Business Standard India
ArcelorMittal makes strong pitch as eligible bidderNPA and is in the Reserve Bank of India’s second list of major ones in this reg
Business Standard India / Posted 18 days ago
NPA and is in the Reserve Bank of India’s second list of major ones in this regard. Two credit rating agencies, CRISIL and ICRA, have been appointed by the central bank to vet Uttam Galva’s restructuring proposal. ArcelorMittal Netherlands BV is,... Read more
19d
Business Standard India
NBFC funding to rise over total net worth of small business loans: Icraand the rising proportion of unsecured loans is likely to result in a further r
Business Standard India / Posted 19 days ago
and the rising proportion of unsecured loans is likely to result in a further rise in delinquency rates for these entities. Icra believes that delinquencies of dues over 90 days for SBL-NBFCs are likely to increase to 3.3-3.8 per cent by March 2020,... Read more
20d
Business Standard India
Capex of Centre, states may have slowed in Sept quarterin view of the slow indirect tax collections growth after the goods and service
Business Standard India / Posted 20 days ago
in view of the slow indirect tax collections growth after the goods and services tax (GST) roll-out. An analysis by Icra of the expenditure patterns of 12 large states reveals the combined capital outlay of these states has contracted by... Read more
20d
Business Standard India
PSBs may face Rs 40,000-cr loss due to bad loansratio to 58-60 per cent by the end of FY18, from 44.3 per cent at the end of Ma
Business Standard India / Posted 20 days ago
ratio to 58-60 per cent by the end of FY18, from 44.3 per cent at the end of March 2017, according to rating agency ICRA. Banks’ credit provisions surged to Rs 64,500 crore during Q2 FY18, up 40 per cent on a sequential basis and 30 per... Read more
23d
Business Standard India
ArcelorMittal's bid for steel firms in troublein the Reserve Bank of India’s (RBI’s) second list of NPAs. A restructuring pro
Business Standard India / Posted 23 days ago
in the Reserve Bank of India’s (RBI’s) second list of NPAs. A restructuring proposal was in the works, and rating agencies ICRA and Crisil had been appointed to vet the proposal. If a resolution is not worked out for Uttam Galva Steels by December... Read more
18 related articles
25d
AllAfrica.com
Gender and Social Protection Top ICRA Conference Agendadominate the two-day National Conference on Social Education, to be promoted by
AllAfrica.com / Posted 25 days ago
dominate the two-day National Conference on Social Education, to be promoted by the Religious Sciences Institute of Angola ICRA). Set to happen on 29-30 November, in the Luanda Digital Library, under the motto "Gender and Social Protection", the... Read more
26d
asianage
Industrial growth to fuel rise in Q2 GDPNew Delhi: Rating agency Icra said on Tuesday that India’s GDP is expected to p
asianage / Posted 26 days ago
New Delhi: Rating agency Icra said on Tuesday that India’s GDP is expected to pick up in the second quarter led by industrial growth. Icra said it expects the growth of the Indian gross value added (GVA) to record a sequential recovery to 6.3 per... Read more
27d
Business Standard India
Logistics shares gain infrastructure status; Gati, VRL hit 52-week highsglobal competitiveness of exporters, added report. CLICK HERE TO READ FULL REPO
Business Standard India / Posted 27 days ago
global competitiveness of exporters, added report. CLICK HERE TO READ FULL REPORT. Meanwhile, according to rating agency ICRA, with a gradual improvement in most of economic indicators over the past couple of months, the outlook for the logistics... Read more
27d
Business Standard India
Cement stocks crack on petcoke banit with coal. Technically, therefore, the switch wouldn't be a problem. Sabyas
Business Standard India / Posted 27 days ago
it with coal. Technically, therefore, the switch wouldn't be a problem. Sabyasachi Majumder, analyst with ratings agency ICRA, noted most of the pet coke goes into kilns to make cement; it is seldom used as a fuel in the manufacturing plants.... Read more
m
asianage
Indian corporates find saviour in bonds as loans dry upyields which are higher than traditional bank deposits,” Karthik Srinivasn, gro
asianage / Posted 1 months ago
yields which are higher than traditional bank deposits,” Karthik Srinivasn, group head - financial sector ratings at ICRA Ratings, said. “However, investors need to do their own diligence and cherry pick the companies as they go down the... Read more

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