News for 'ICRA'

11 states record retail price inflation rate over 6% in November

11 states record retail price inflation rate over 6% in November

Rediff.com4 Jan 2020

The states that witnessed high CPI-based inflation rates were Lakshadweep, Tripura, Odisha, Uttar Pradesh, Kerala, Madhya Pradesh, Puducherry, Tamil Nadu, Rajasthan, Manipur and Mizoram.

Core sector growth rises to 4.9% in Aug; highest in 5 months

Core sector growth rises to 4.9% in Aug; highest in 5 months

Rediff.com3 Oct 2017

Crude oil, fertiliser and cement recorded negative growth

Not much change likely in Indian gold demand

Not much change likely in Indian gold demand

Rediff.com9 Dec 2014

The World Gold Council, which represents the mining industry, puts India's demand between 850 and 950 tonnes in 2014.

With coronavirus going strong, aviation cos feel the heat

With coronavirus going strong, aviation cos feel the heat

Rediff.com29 Feb 2020

Reduction in fuel price was supposed to bring back good luck for Indian airlines. But with the global spread of coronavirus, airlines are being forced to rejig their network, cut flights, and delay launches.

Reliance Jio transfers fibre and tower infrastructure

Reliance Jio transfers fibre and tower infrastructure

Rediff.com3 Apr 2019

The optic fibre cable infra was with Jio Digital Fibre and the tower infra with Reliance Jio Infratel

Retail inflation eases to 5.91% in March

Retail inflation eases to 5.91% in March

Rediff.com13 Apr 2020

The retail inflation, which is factored in by the RBI to arrive at its monetary policy, has been on decline since last month. The previous low was 5.54 per cent in November 2019. The government has asked the RBI to restrict the inflation around 4 per cent, with a margin of 2 per cent on the either side.

Can we ever keep China out of Indian industries?

Can we ever keep China out of Indian industries?

Rediff.com26 Jun 2020

Experts say while the increasing demand for a ban on Chinese goods might make for good optics, the reality is that India is still heavily dependent on that country in a wide range of industries like electronics, mobile devices, auto, pharma, telecom equipment, and fertilisers.

Saudi oil crisis: Logistics cost a concern as India looks to Russia, US

Saudi oil crisis: Logistics cost a concern as India looks to Russia, US

Rediff.com20 Sep 2019

On Tuesday, Petroleum Minister Dharmendra Pradhan met Russian oil giant Rosneft's chief executive officer Igor Sechin and discussed raising crude imports from that country, in addition to talks about going for more acquisitions.

As financial crisis deepens, tea estates are up for sale

As financial crisis deepens, tea estates are up for sale

Rediff.com22 Jan 2020

The root of the problem, according to industry officials, is the sudden stoppage of lines of credit to tea plantation companies.

RBI may cut repo rate by 25 bps on June 6: Analysts

RBI may cut repo rate by 25 bps on June 6: Analysts

Rediff.com31 May 2019

The economic growth is likely to moderate to 6.1 per cent, slowest in over seven quarters, from 6.6 per cent last year same period.

Run-up to Budget 2018-19: India's medium-term fiscal outlook looks grim

Run-up to Budget 2018-19: India's medium-term fiscal outlook looks grim

Rediff.com12 Jan 2018

Lower revenue collection puts upward pressure on government borrowing, ensuring that it deviates from the glided path of debt reduction

July retail inflation eases to 3.15%; experts advise caution

July retail inflation eases to 3.15%; experts advise caution

Rediff.com13 Aug 2019

Currently, the retail inflation is well below the RBI's comfort level. The government has asked the central bank to keep inflation in the range of 4 per cent.

Things are simply getting worse for Anil Ambani

Things are simply getting worse for Anil Ambani

Rediff.com8 May 2019

Debt-ridden Reliance Capital ready to cede control in home finance - Blackstone, Carlyle, Brookfield, and Piramal group are in talks to buy a large stake in Reliance Home Finance.

Auto sector sees no fireworks this Diwali

Auto sector sees no fireworks this Diwali

Rediff.com22 Aug 2011

Industry expects sales to remain depressed in the coming festive season.

RBI cuts FY20 GDP growth forecast to 6.1%

RBI cuts FY20 GDP growth forecast to 6.1%

Rediff.com5 Oct 2019

If this turns into reality, India's gross domestic product (GDP) growth will be the lowest since 2012-13, which could severely hit job creation and income growth in the near term.

Scooter sales get a major boost from rural India

Scooter sales get a major boost from rural India

Rediff.com23 Jan 2018

In first 9 months of FY18, scooter sales grew by 18.5%, the number may jump further as more women join workforce

RBI doesn't want to be a 'currency manipulator'

RBI doesn't want to be a 'currency manipulator'

Rediff.com26 Sep 2017

Depreciating the rupee against the dollar to boost economic growth has fiscal constraints and monetary limitations

Auto slump: Used commercial vehicle sales see uptick

Auto slump: Used commercial vehicle sales see uptick

Rediff.com16 Sep 2019

Average overall sales which used to be around 8,000 units a year ago has dropped to 7,000-7,500 units in a month. A lot of government projects have been announced but these are yet to translate to boost CV sales.

Loans by NBFCs plunge 31% in Q4

Loans by NBFCs plunge 31% in Q4

Rediff.com25 Jun 2019

With liquidity crunch hitting operations, many finance companies have put the brakes on sanctions in the third quarter in the aftermath of the IL&FS crisis.

MNP to hit telcos' margins in short term

MNP to hit telcos' margins in short term

Rediff.com18 Jan 2011

The nationwide implementation will increase churn of customers, shoot-up the customer acquisition and retention costs, and lower the average revenue per user as competitive tariff plans will have to be offered, the agency said in a note.

India's GDP figures show sharp industry revival

India's GDP figures show sharp industry revival

Rediff.com30 Aug 2014

Index of industrial production data had also shown that the sector grew at 3.1 per cent after contracting in the previous quarters.

Truck sales crash 60% in August

Truck sales crash 60% in August

Rediff.com4 Sep 2019

The overall volume at India's top four M&HCV makers - Tata Motors, Ashok Leyland, Volvo Eicher, and Mahindra & Mahindra - fell 59.5 per cent to 31,067 units during the month.

Why infra firms in Andhra are staring at a bleak future

Why infra firms in Andhra are staring at a bleak future

Rediff.com4 Jun 2019

Bhogapuram international airport, Ramayapatnam and Bandar ports, the Muktyala lift irrigation scheme and a bridge across the Krishna river are some of the projects likely to be hit.

Home truth: Spike in HFCs' bad loans hobble PMAY

Home truth: Spike in HFCs' bad loans hobble PMAY

Rediff.com31 May 2018

PMAY-Gramin, which was launched in November 2016, aims to construct 10 million homes by March 31, 2019, with private sector and state government participation

Wholesale inflation rises to 0.58% in Nov with onion remaining sore point

Wholesale inflation rises to 0.58% in Nov with onion remaining sore point

Rediff.com16 Dec 2019

Build up inflation rate in the financial year so far was 2 per cent compared to a build up rate of 4.56 per cent in the corresponding period of the previous year. Inflation in food articles as a group rose to 11.08 per cent during the month as against 9.80 per cent in the previous month, mainly driven by exorbitantly high onion prices, the rates of which spiked by over 172 per cent from a year-ago. The annual rate of inflation, based on monthly wholesale price index was at 0.16 per cent in October.

Deposit rates not to rise soon

Deposit rates not to rise soon

Rediff.com23 Jan 2019

During the fourth quarter (January-March), banks step up the activity to meet annual targets. This leads to a race to raise funds from markets often by jacking up deposit rates. This time around, the market has not seen such trend yet.

DHFL auditors raise red flags over financial numbers, loans

DHFL auditors raise red flags over financial numbers, loans

Rediff.com23 Jul 2019

The auditors also said that the company is in the process of monetising its assets and has submitted a draft resolution plan to the consortium of bankers for restructuring its borrowings and also there have been discussions for stake sale by the promoters to a strategic partner with further equity infusion.

'Don't think you can predict the markets'

'Don't think you can predict the markets'

Rediff.com16 Jan 2019

Financial planners advise against putting capital to work by anticipating what might go up or down.

Moody's to upgrade India's rating in 2 years if reforms are 'tangible'

Moody's to upgrade India's rating in 2 years if reforms are 'tangible'

Rediff.com20 Sep 2016

Moody's listed six agenda on the list of pending reforms -- land acquisition Bill, labour law reforms, significant infrastructure investment, tangible benefit from Make in India initiative, tax administration and PSU bank reforms

How the note purge affects India's states

How the note purge affects India's states

Rediff.com20 Dec 2016

The ripples from November 8 may be seen in next year's state budgets.

Cash crunch slows down commercial vehicle sales

Cash crunch slows down commercial vehicle sales

Rediff.com5 Dec 2016

Commercial vehicles witnessed a fall of 15-17% in November as buyers struggled to meet margin money requirements, reports Swaraj Baggonkar.

Basmati sowing likely to go up 25% in FY18 on high demand, normal monsoon

Basmati sowing likely to go up 25% in FY18 on high demand, normal monsoon

Rediff.com21 Apr 2017

The industry expects Iran to purchase at least 1 million tonnes this financial year

Rate cut may not spur corporate capex

Rate cut may not spur corporate capex

Rediff.com18 Jun 2019

Historically, there has been no correlation between growth in bank credit to industry and lower benchmark interest rate

 Public sector banks may need more core capital

Public sector banks may need more core capital

Rediff.com2 Apr 2010

A number of public sector banks will have to stock up on core capital, if the Reserve Bank of India decides to ask banks to leave out hybrid instruments while computing Tier-I capital adequacy, as indicated by RBI last week.

5 tips for investing in NCDs

5 tips for investing in NCDs

Rediff.com20 Mar 2019

Unlike bank FDs that are considered risk-free investments, NCDs do carry a certain amount of risk, primary among them is the risk of default, either servicing the interest payment or meeting their principal repayment obligations.

As OPD footfalls drop, private hospitals battle for survival

As OPD footfalls drop, private hospitals battle for survival

Rediff.com11 Apr 2020

Private hospitals, especially smaller standalone ones, are staring at a crisis that they were not prepared for. Analysts say larger corporate chains have to brace up for at least six months for business to return to normal.

Slowdown speeds up CV loan defaults

Slowdown speeds up CV loan defaults

Rediff.com3 Jun 2009

The loans securitised between January 2004 and December 2006 have shown progressively lower collection efficiency and hence, higher delinquency levels. In fact, among all the years, the pools securitised in 2006 have shown the weakest performance, rating agency ICRA said.

YES bank's new CEO has his plate full

YES bank's new CEO has his plate full

Rediff.com3 Mar 2019

For the near term, Gill will have to improve relations with the Reserve Bank of India, which have been strained in recent times. He will also need to strengthen the bank's asset quality and improve governance standards and internal processes.

Why RBI's risk draft has little to cheer NBFCs

Why RBI's risk draft has little to cheer NBFCs

Rediff.com27 May 2019

An initial reading of the guidelines indicates two factors - potential rise in borrowing cost and lower returns on investment book - could hit the spread of NBFCs.

Don't blame the global crisis

Don't blame the global crisis

Rediff.com16 Apr 2009

There is little doubt that the global economic crisis has worsened Indias growth prospects, but the slowdown began long before the US financial meltdown began.