News for 'ICRA'

Banks' NPAs may surge after RBI's new rules

Banks' NPAs may surge after RBI's new rules

Rediff.com14 Feb 2018

The amount of loans that carry a high risk of slippage into the NPA category over the next few quarters is about Rs 2.8 trillion.

As car sales skid, auto part makers are also in the slow lane

As car sales skid, auto part makers are also in the slow lane

Rediff.com26 Dec 2018

Issues like high insurance cost and the announced price hike effective January could also weigh on sales in 2019. The only bright spot is the softening seen in fuel prices over the past month.

Why RBI does not want to hike rates

Why RBI does not want to hike rates

Rediff.com17 Jan 2018

Instead of a rate hike, or even a pause, there could be a window for the RBI for an interest rate cut

GDP projections put stress on fiscal deficit target

GDP projections put stress on fiscal deficit target

Rediff.com10 Feb 2015

The GDP has been estimated at Rs 126.54 lakh-crore (Rs 126.54 trillion).

MSP hike likely to fuel inflation by 50-90 bps

MSP hike likely to fuel inflation by 50-90 bps

Rediff.com5 Jul 2018

Home Minister Rajnath Singh said that the decision could cost the government roughly Rs 15,000 crore.

June inflation nudges up, May factory growth rate steady

June inflation nudges up, May factory growth rate steady

Rediff.com9 Jul 2015

The RBI has targeted consumer price inflation at 6 per cent by January and 4 per cent by March 2018.

Tatas all set to become India's largest steelmaker

Tatas all set to become India's largest steelmaker

Rediff.com2 Apr 2018

Once Bhushan Steel is into its fold, Tata Steel will increase its capacity from 12.7 million tonnes per annum (mtpa) to 18.3 mtpa

Monsoon deficiency to hurt urban consumption more

Monsoon deficiency to hurt urban consumption more

Rediff.com24 Jun 2014

There are chances of taps running dry and prices of fruits and vegetables spiking.

RBI, govt steps to help banks end NPA woes by Mar'17: Rajan

RBI, govt steps to help banks end NPA woes by Mar'17: Rajan

Rediff.com1 Dec 2015

RBI, govt steps to help banks end NPA woes by Mar'17: Rajan

New debt rules squeeze India's crony capitalists

New debt rules squeeze India's crony capitalists

Rediff.com9 Jun 2015

India's crony capitalists will have had their day in the sun.

Exports rise for 5th month, but imports at 2 year high

Exports rise for 5th month, but imports at 2 year high

Rediff.com16 Feb 2017

Imports rise at highest pace in more than 2 years as crude oil price spikes.

Bankruptcy code clips ArcelorMittal's India expansion plans

Bankruptcy code clips ArcelorMittal's India expansion plans

Rediff.com29 Nov 2017

In 2009, ArcelorMittal had picked up a stake in Uttam Galva Steels. A new Section 29A of the IBC prohibits promoters of companies with NPAs of more than a year from bidding for these companies.

Modi @ 4: Bharatmala is going to be the highway sector's next big story

Modi @ 4: Bharatmala is going to be the highway sector's next big story

Rediff.com28 May 2018

The thrust will be on improving connectivity in economic corridors and remote and border areas with a view to hike trade and enable faster movement of cargo.

Petrol, diesel price rise pushes wholsesale inflation to 3.4%

Petrol, diesel price rise pushes wholsesale inflation to 3.4%

Rediff.com16 Jan 2017

Hardening prices of manufactured items during the month may refrain the Reserve Bank of India from cutting rates in its policy review on February 8.

How the economy stands to gain from bank recapitalisation move

How the economy stands to gain from bank recapitalisation move

Rediff.com25 Oct 2017

The move will have cascading effects for lot of related sectors

House panel raps FinMin over dated NPA data

House panel raps FinMin over dated NPA data

Rediff.com17 Jan 2014

RBI will make a presentation on January 24 before the panel on the state of NPAs and stressed loans.

Why govt expenditure is set to rise before elections

Why govt expenditure is set to rise before elections

Rediff.com11 Jul 2018

The central government's deposits with the RBI had fallen to just Rs 100 crore as of June 8.

Zooming fiscal deficit pours cold water on stimulus package

Zooming fiscal deficit pours cold water on stimulus package

Rediff.com1 Oct 2017

The deficit for the first five months of the year stood at 96 per cent of the full-year target of Rs 5.46 lakh crore despite cut in capital expenditure in August.

PMC Bank Crisis: 'RBI must be more pro-active'

PMC Bank Crisis: 'RBI must be more pro-active'

Rediff.com26 Sep 2019

'What is critical today in India is confidence of depositors.' 'If you have these kinds of problems spreading like this, the confidence level of a lot of people in the system gets shaken.'

DeMo effect: Money moves from real estate to stocks

DeMo effect: Money moves from real estate to stocks

Rediff.com6 Sep 2017

About Rs 2,000 crore of realty money has flown into stocks in the National Capital Region in the months after demonetisation.

India's economic growth accelerates to 7.4% in Sept quarter

India's economic growth accelerates to 7.4% in Sept quarter

Rediff.com30 Nov 2015

India's economic growth accelerates to 7.4% in Sept quarter

Private banks cut exposure to stressed sectors

Private banks cut exposure to stressed sectors

Rediff.com24 Jun 2014

Private lenders have also been expanding their branch and automate teller machine networks aggressively.

Banks want RBI to relax norms for loans to highly indebted firms

Banks want RBI to relax norms for loans to highly indebted firms

Rediff.com7 Apr 2017

The limit of indebtedness comes down to Rs 15,000 crore from 2018-19, and then Rs 10,000 crore from April 2019 onwards

PSU banks put Rs 14,000-cr bad loans on the block

PSU banks put Rs 14,000-cr bad loans on the block

Rediff.com15 Jun 2015

Punjab National Bank has the largest share.

Modi Sarkar's flagship energy schemes still have miles to go

Modi Sarkar's flagship energy schemes still have miles to go

Rediff.com31 May 2018

Of the 170 million rural households in the country, a government website claims to have connected 82 per cent of them. The metered households are 50 per cent of the total. As on February, 2018, of the 780,000 villages to be intensively electrified or provide connection to all in households, 493,000 have been covered. However, the amount and quality of the power supply cannot be ascertained from this data. No clause in any of the rural electrification programmes promises 24 hours' power supply.

Pay hike for government staff: What impact it will have on the economy

Pay hike for government staff: What impact it will have on the economy

Rediff.com29 Jun 2016

Experts said the higher pay out will boost consumption demand.

Indian steel exports overtake imports after a gap of 3 years

Indian steel exports overtake imports after a gap of 3 years

Rediff.com17 Mar 2017

Aided by the new initiatives of the government, there has been a huge drop in imports

Why GDP growth is likely to slow to 7.2-7.3% in Q2 of FY19

Why GDP growth is likely to slow to 7.2-7.3% in Q2 of FY19

Rediff.com20 Nov 2018

The services sector, which plays the biggest role in shaping the economy, is facing loads of issues currently. The largest segments, financial and real estate, are struggling to cope with bad debts and low demand for houses.

Was India at all ready for monorail?

Was India at all ready for monorail?

Rediff.com25 Jul 2018

Mumbai Monorail was to be built in two phases - Phase I of 8.93 km and Phase II of 11.20 km. The first phase ran operations for around three years before services were abruptly halted, owing to a fire incident last year. The second phase now stands completed, but is lying closed.

Low 2015 base shows industrial output at 13-month high in note-ban November

Low 2015 base shows industrial output at 13-month high in note-ban November

Rediff.com13 Jan 2017

The sharp rise was also due to a statistical illusion -- low industrial numbers in November 2015, and sharp reversal of a 12-month declining trend in capital goods.

Banks see new bad debt rules as step in right direction

Banks see new bad debt rules as step in right direction

Rediff.com10 Jun 2015

Bad debt rules are steps in right direction.

Why India Inc is unhappy with RBI's monetary policy

Why India Inc is unhappy with RBI's monetary policy

Rediff.com7 Jun 2016

Experts said a future rate cut would depend on the inflation.

The curious case of GDP discrepancies

The curious case of GDP discrepancies

Rediff.com2 Jun 2016

This time there has been a rather peculiar criticism of the latest GDP numbers.

India grew at 7.5% in March; economists explain the big picture

India grew at 7.5% in March; economists explain the big picture

Rediff.com29 May 2015

India showed revival signs in the March quarter.

India Inc heaves sigh of relief over 30-day grace for loan default

India Inc heaves sigh of relief over 30-day grace for loan default

Rediff.com8 Jun 2019

Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.

New NPA resolution plan finds few takers among bankers

New NPA resolution plan finds few takers among bankers

Rediff.com23 Feb 2017

Rather, the existing ones should be implemented speedily to clean up the mess.

RBI's stance disappoints India Inc

RBI's stance disappoints India Inc

Rediff.com5 Oct 2017

Assocham expressed concern over the precarious situation that the manufacturing sector is in, observing that if the trend does not reverse with monetary and fiscal measures it would be difficult for the industry to generate jobs.

Analysts say rail budget high on vision; but can push up costs

Analysts say rail budget high on vision; but can push up costs

Rediff.com26 Feb 2015

Prabhu's maiden Railway budget is high on vision.

Crude oil price may stay low for some time

Crude oil price may stay low for some time

Rediff.com6 Oct 2014

This means lower losses on fuel sales by Indian oil companies and a shrinking oil subsidy bill for the government.

Has currency in circulation reached a new normal?

Has currency in circulation reached a new normal?

Rediff.com20 Jun 2017

With weekly additions slowing, it's likely that demand could be slackening