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Govt infusion in banks still short, say Icra & Fitch

Indian banks will need $90-billion additional capital, most of it for public sector banks, to meet Basel III requirements by 2019. Rating agencies Icra and Fitch have said the capital requirements......

India Inc sees reforms push, better growth prospects: Icra

Says operating environment for Indian corporate sector has improved during FY15 Indian industry has been witnessing an improved operating environment in the current fiscal on account of better......

Icra downgrades Jet Airways' loan

Following delays in Jet Airways servicing its interest payments, credit rating agency Icra has downgraded the company’s loans from ‘BB’ to ‘D’ (default grade). The......

GDP growth may go up to 5.5% in FY15: Icra

Domestic ratings agency Icra on Wednesday said GDP growth in 2014-15 may touch 5.5 per cent as pick up in manufacturing and investment is expected in the second half of the current fiscal. "Indian......

RBI may not ease rates till Jan 2015: Icra

The Reserve Bank is unlikely to ease rates till early 2015 as the possibility of a below-average monsoon will make it difficult to contain inflation at the targeted 8 per cent by next January,......
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IIP falls 1.9% in October, demonetisation may mean worse is yet to come

However, as Icra's principal economist Aditi Nayar points out, since electricity generation, auto sales and even coal output showed decent... ...
October factory output drops

New Delhi, Dec. 9: The country's industrial output unexpectedly fell 1.9 per cent in October from a year earlier, driven down by a contraction in... ...
Tax collections avert cash crunch blues

The absence of an adverse impact because of demonetisation on total tax receipts till November-end surprised economists. While collections under... ...
Factory output shrinks by 1.9% in October

Industrial production dipped into negative territory in October with a contraction of 1.9%, which, analysts said, was owing to the base effect and... ...
factory output contracts 1.9% in October

Base effect, poor manufacturing performance drag down index New Delhi, December 9: The Index of Industrial Production (IIP), a measure of... ...

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