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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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UDAY may cast shadow on State's finances

Experts say the scheme likely to aggravate the crisis as Tamil Nadu has forecast a revenue deficit Tamil Nadu's decision to join the Centre's... ...
Steel companies to feel the heat from surge in coking coal price

Good times for the steel industry, led by the imposition of the minimum import price, anti-dumping and safeguard duties, might be getting over... ...
MNC funds lose steam

After a stupendous run in the earlier years, MNC funds lost their sheen in 2016. Be it during the market fall of 2011, the volatile markets of... ...
Depositors prefer asset diversification as bank deposit rates fall

IANS Kolkata, Oct 23 (IANS) With falling bank deposit rates hitting time deposits hard, people are turning to financial instruments like shares,... ...
Farm mechanisation lagging in India, says ICRA

Farm mechanisation levels across the country remains low and creation of farm machinery banks and custom hiring remain the most viable solution to... ...

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