Date | Title | Description |
19.09.2024 | Groww Creditserv’s Loan Book Grows 31% QoQ To INR 965.44 Cr At The End Of June Quarter | SUMMARY
As per rating agency ICRA, personal loans accounted for 98% of the total loan book, while consumer durable loans accounted for the rest of the amount
Groww Creditserv is an NBFC of invest tech unicorn Groww. It received an NBFC lice... |
18.09.2024 | Shriram group believes ‘retail ARC’ is a blue ocean, kicks-off with ₹300-cr investment | The Shriram group is just one “final approval” away from kicking-off its Asset Recovery Company with a ₹300-crore investment and is quite gung-ho about the prospects. The final approval is awaited from the Reserve Bank of India.
Subhasri Sr... |
17.09.2024 | India’s Steel Consumption to Grow 9-10% in FY25: ICRA
UP NEDA invites bids for 320 MW solar projects on lease land
Government issues VGF guidelines for 1 GW offshore wind projects
HPL Electric & P... | Steel India’s Steel Consumption to Grow 9-10% in FY25: ICRA
17 Sep 2024 1 Min Read CW Team
India's domestic steel consumption is projected to rise by 9-10% in FY2025, according to a report by ICRA. The first quarter of FY2025 saw a 15% year... |
14.09.2024 | InCred Financial Services receives first ESG rating from ICRA’s arm | ICRA ESG Ratings Ltd (ICRA ESG), a wholly-owned subsidiary of ICRA Ltd, has assigned its first Environmental, Social, and Governance (ESG) rating to InCred Financial Services Ltd.
The Non-Banking Financial Company (NBFC), which focuses on p... |
13.09.2024 | India’s Steel Consumption to Grow 9-10% in FY25: ICRA
BPRL, IOCL JV secures first full production concession in Abu Dhabi
UN Warns of 300% Mineral Demand Spike, Urges Supply Chain Reforms
Land conflic... | Steel India’s Steel Consumption to Grow 9-10% in FY25: ICRA
13 Sep 2024 1 Min Read CW Team
India's domestic steel consumption is projected to rise by 9-10% in FY2025, according to a report by ICRA. The first quarter of FY2025 saw a 15% year... |
13.09.2024 | This Onam Secure Funds to Manage Expenses Effortlessly with Bajaj Finserv Gold Loan | Pune, Maharashtra, India
With Onam around the corner, many people are gearing up for celebrations and planning how to make the most of the festive season. Amid the excitement of buying gifts, preparing special meals, and decorating homes, m... |
04.09.2024 | ICRA revises outlook for CV industry; projects 0-3% growth in FY25
Axis Ecorp enters fractional ownership segment
Minister pushes for increased tariffs on Chinese steel imports
Coastal road project to... | ECONOMY & POLICY ICRA revises outlook for CV industry; projects 0-3% growth in FY25
04 Sep 2024 5 Min Read CW Team
ICRA has revised its forecast for the commercial vehicle (CV) industry, now expecting a modest year-on-year growth of 0-3... |
31.08.2024 | HDFC plans to sell $1.2 billion of loans to plug funds gap | HDFC Bank plans to sell as much as ₹100 billion ($1.2 billion) of loan portfolios using a debt instrument it rarely used, as the nation’s banks devise ways to overcome challenges in raising deposits essential to maintaining healthy margins.... |
21.08.2024 | NBFCs’ gross bad loans to rise by 30-50 bps in FY25: ICRA | Non-banking finance companies (NBFCs) will likely see their gross stage-3 asset ratio or gross bad loans rising by 30-50 basis points (bps) in the current financial year, from 2.8 per cent in FY24, domestic rating agency ICRA said in a webi... |
08.08.2024 | CBAM May Raise India's Steel Sector Tax by 20-35%, Affecting 0.5% of GDP
Akasa targets place among op 30 airlines by 2030: CEO Dube
Kavach to run on Delhi-Mumbai and Delhi-Howrah Lines by March 2025
R... | Steel CBAM May Raise India's Steel Sector Tax by 20-35%, Affecting 0.5% of GDP
08 Aug 2024 3 Min Read CW Team
During the Conference on Carbon Border Adjustment Mechanism (CBAM) organized by ASSOCHAM, Ashwini Kumar, Economic Advisor at the M... |
06.08.2024 | India’s Economic Landscape: Navigating Carbon Taxes and Real Estate Trends | India stands at a crossroads. On one side, it faces the European Union's proposed carbon tax, a move that could reshape trade dynamics. On the other, the real estate market is buzzing with high-profile investments, signaling a robust econom... |
06.08.2024 | India’s Economic Landscape: Growth Amidst Challenges | India's economic landscape is a tapestry woven with threads of growth, innovation, and resilience. Recent reports highlight significant developments in various sectors, particularly in power, construction, and real estate. These sectors are... |
06.08.2024 | Transport & building segments hold 62% of India's construction market: ICRA
ZF Develops Smart CV Technologies with Software
AAI Invests Rs.796 Crore in Airport Repairs
Tractor Sales Contract by 12... | ECONOMY & POLICY Transport & building segments hold 62% of India's construction market: ICRA
06 Aug 2024 5 Min Read CW Team
The Indian construction sector is poised for robust growth, with transportation and building segments contin... |
04.08.2024 | Airports of Change: India’s Journey to Cultural Identity through Renaming | In a nation as diverse as India, where every corner tells a story, the Airports Authority of India (AAI) is embarking on a transformative journey. The proposal to rename 22 airports across the country is not just a bureaucratic exercise; it... |
04.08.2024 | Strong growth momentum and high retail inflation could prompt majority MPC members to stand pat on repo rate | With the economy showing strong growth momentum and retail inflation staying above the RBI’s comfort zone, majority of the rate-setting monetary policy committee (MPC) members are likely to vote for a status quo in the policy repo rate and ... |
02.08.2024 | Coal India: A Strategic Shift Towards Sustainable Growth | Coal India Limited (CIL) stands at a crossroads. The state-run coal giant has reported a modest increase in net profit for the first quarter of the fiscal year, signaling resilience in a challenging market. Yet, beneath the surface, a trans... |
01.08.2024 | Solar Power and Infrastructure: A Bright Future for India | India stands at a crossroads. The nation is poised for a transformation, driven by renewable energy and robust infrastructure development. Recent developments in the solar power sector and ambitious government initiatives signal a promising... |
01.08.2024 | The Real Estate Renaissance: A Tale of Growth and Opportunity | The real estate landscape in India is undergoing a remarkable transformation. The second quarter of 2024 has marked a significant surge in investments, with the Delhi-NCR region leading the charge. A staggering $2.77 billion flowed into the... |
01.08.2024 | NHAI's Bold Move: Monetising Assets for a Better Tomorrow | The National Highways Authority of India (NHAI) is embarking on a transformative journey. With a target of Rs. 50,000 crore in asset monetisation for the fiscal year 2024-25, the NHAI is not just looking to fill its coffers. It aims to resh... |
31.07.2024 | Kalpataru Projects Q1 Profit Drops
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed real estate players repo... | ECONOMY & POLICY Kalpataru Projects Q1 Profit Drops
31 Jul 2024 2 Min Read CW Team
Kalpataru Projects International Ltd. has reported a 26% decline in its net profit for the first quarter of the fiscal year. The company's net profit for... |
31.07.2024 | Adani Challenges Birla in Cement Sector
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed real estate players... | Cement Adani Challenges Birla in Cement Sector
31 Jul 2024 2 Min Read CW Team
The competition in India?s cement industry has escalated as the Adani Group steps up its efforts to challenge the dominance of the Birla Group. Adani?s aggressive... |
31.07.2024 | NHAI Targets Rs.50,000 Crore Monetisation
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed real estate playe... | ROADS & HIGHWAYS NHAI Targets Rs.50,000 Crore Monetisation
31 Jul 2024 2 Min Read CW Team
The National Highways Authority of India (NHAI) has established a dedicated Asset Monetisation Cell with a target to achieve over Rs.50,000 crore ... |
31.07.2024 | CNH strengthens Global Leadership Team to deliver key priorities efficiently
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: I... | ECONOMY & POLICY CNH strengthens Global Leadership Team to deliver key priorities efficiently
31 Jul 2024 6 Min Read CW Team
CNH announces its new Global Leadership Team (GLT), which is empowered to carry out faster and more effective d... |
31.07.2024 | Telangana CM Criticizes BRS Opposition
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed real estate players ... | ECONOMY & POLICY Telangana CM Criticizes BRS Opposition
31 Jul 2024 2 Min Read CW Team
Telangana Chief Minister K. Chandrashekar Rao has sharply criticized the Bharat Rashtra Samithi (BRS) for its opposition to the formation of an inqui... |
31.07.2024 | Delhi-NCR takes lead in Q2 real estate investment surge
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed rea... | Real Estate Delhi-NCR takes lead in Q2 real estate investment surge
31 Jul 2024 4 Min Read CW Team
India's real estate market experienced a remarkable surge in investments during Q2 2024, attracting a significant $2.77 billion, according to... |
31.07.2024 | Power Sector Sees 9% Hiring Growth
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed real estate players repo... | POWER & RENEWABLE ENERGY Power Sector Sees 9% Hiring Growth
31 Jul 2024 2 Min Read CW Team
India's power and energy sector has experienced a notable 9% increase in hiring during the first half of fiscal year 2024-25 (H1 FY25), according... |
31.07.2024 | Fidelity, Nomura Eye Ola Electric IPO
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed real estate players r... | ECONOMY & POLICY Fidelity, Nomura Eye Ola Electric IPO
31 Jul 2024 2 Min Read CW Team
Fidelity and Nomura are preparing to submit bids for Ola Electric's upcoming Initial Public Offering (IPO) in India. This move signals strong interest... |
31.07.2024 | Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed real estate players reported exceptional growth
DICV, Bajaj... | ECONOMY & POLICY Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
31 Jul 2024 1 Min Read CW Team
Critical aspects of roads & highways development, railway modernisation and infrastructure financing were discussed at the... |
31.07.2024 | Colliers releases Q2 2024 APAC cap rates report
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed real estate... | ECONOMY & POLICY Colliers releases Q2 2024 APAC cap rates report
31 Jul 2024 2 Min Read CW Team
According to the latest Cap Rates Report released by Colliers, the office sector has recorded the most movement in cap rates in Q2 2024 acro... |
31.07.2024 | Coal India Advances 119 Projects with Rs.1.33 Lakh Crore Capital
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 l... | COAL & MINING Coal India Advances 119 Projects with Rs.1.33 Lakh Crore Capital
31 Jul 2024 2 Min Read CW Team
Coal India Limited (CIL) is advancing 119 projects with a sanctioned capital of ?1.33 lakh crore to significantly boost its co... |
31.07.2024 | India Rejects EU Carbon Tax Proposal
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed real estate players re... | ECONOMY & POLICY India Rejects EU Carbon Tax Proposal
31 Jul 2024 2 Min Read CW Team
India has expressed strong disapproval of the European Union's carbon tax proposal, deeming it unfair and unacceptable. According to Indian officials, ... |
31.07.2024 | Shah Rukh Khan's Son Buys Delhi Floors
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed real estate players ... | Real Estate Shah Rukh Khan's Son Buys Delhi Floors
31 Jul 2024 2 Min Read CW Team
Shah Rukh Khan?s son, Aryan Khan, has made headlines with his recent real estate acquisition in Delhi. Aryan has purchased two floors in a prominent building ... |
31.07.2024 | Italian construction equipment market registers loss of 16%
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed... | Equipment Italian construction equipment market registers loss of 16%
31 Jul 2024 1 Min Read CW Team
In the first six months of 2024, 9,688 construction machines have been placed on the Italian market, registering a loss of -16% if compared... |
31.07.2024 | Adani Group to Launch $4 Billion Petchem Project
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed real estat... | ECONOMY & POLICY Adani Group to Launch $4 Billion Petchem Project
31 Jul 2024 2 Min Read CW Team
The Adani Group is set to commission a major $4 billion petrochemical project by the next year, marking a significant expansion in its indu... |
31.07.2024 | India Sees Decline in Fuel Prices
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed real estate players repor... | ECONOMY & POLICY India Sees Decline in Fuel Prices
31 Jul 2024 2 Min Read CW Team
India stands out as the only country where petrol and diesel prices have declined over the past three years, according to Union Minister Hardeep Singh Pur... |
30.07.2024 | SECI issues bids for O&M of12 MW solar power project Ladakh
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 li... | POWER & RENEWABLE ENERGY SECI issues bids for O&M of12 MW solar power project Ladakh
30 Jul 2024 3 Min Read CW Team
The Solar Energy Corporation of India (SECI) has announced a call for bids for the design, engineering, supply, cons... |
30.07.2024 | Bengaluru to install 250-metre Skydeck near NICE Road
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed real ... | ROADS & HIGHWAYS Bengaluru to install 250-metre Skydeck near NICE Road
30 Jul 2024 1 Min Read CW Team
In a significant development, Karnataka Deputy Chief Minister D K Shivakumar announced that opposition leaders from Bengaluru have agr... |
30.07.2024 | Government to Open 12 Airports Under UDAN This Year
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed real es... | AVIATION & AIRPORTS Government to Open 12 Airports Under UDAN This Year
30 Jul 2024 2 Min Read CW Team
The Indian government is set to operationalize 12 airports, including Car Nicobar, under the UDAN (Ude Desh ka Aam Nagrik) scheme thi... |
30.07.2024 | Realty sector loses Rs 64.8 Bn in market value
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed real estate ... | ECONOMY & POLICY Realty sector loses Rs 64.8 Bn in market value
30 Jul 2024 3 Min Read CW Team
Listed companies in the real estate sector experienced a loss of Rs 64.8 billion in market value by Friday, following Finance Minister Nirmal... |
30.07.2024 | IOC awards Soshe Power 1 MW grid-connected open access solar project
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top ... | POWER & RENEWABLE ENERGY IOC awards Soshe Power 1 MW grid-connected open access solar project
30 Jul 2024 2 Min Read CW Team
Soshe Power Tech, a solar power developer based in Hyderabad, has been awarded an engineering, procurement, and... |
30.07.2024 | India's Renewable Capacity Reaches 195,013 MW, Transmission Expands
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 1... | POWER & RENEWABLE ENERGY India's Renewable Capacity Reaches 195,013 MW, Transmission Expands
30 Jul 2024 5 Min Read CW Team
India has achieved a significant milestone in its renewable energy sector, with the country's total renewable ca... |
30.07.2024 | Railways to inspects development work in Pondy rail station
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed... | RAILWAYS & METRO RAIL Railways to inspects development work in Pondy rail station
30 Jul 2024 2 Min Read CW Team
It was reported that Union Minister of State for Railways and Jal Sakthi V. Somanna inspected the ongoing redevelopment wor... |
30.07.2024 | NHAI to Establish Asset Monetisation Cell for Revenue Boost
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed... | ROADS & HIGHWAYS NHAI to Establish Asset Monetisation Cell for Revenue Boost
30 Jul 2024 2 Min Read CW Team
The National Highways Authority of India (NHAI) is set to establish an asset monetisation cell aimed at boosting revenue through... |
29.07.2024 | Subway Installation Hits Traffic as NHAI Halts Work
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed real es... | ROADS & HIGHWAYS Subway Installation Hits Traffic as NHAI Halts Work
29 Jul 2024 2 Min Read CW Team
Due to significant traffic congestion on the Chennai-Trichy highway caused by the installation of a vehicular subway, the National Highw... |
29.07.2024 | India and Iran signed a contract for operating the port in Chabahar
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 1... | ECONOMY & POLICY India and Iran signed a contract for operating the port in Chabahar
29 Jul 2024 2 Min Read CW Team
India and Iran have had friendly relations that date back thousands of years. This legacy is evident in the interaction ... |
29.07.2024 | Ports Ministry Gets Rs.33 Bn Proposals from Andhra Pradesh
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed ... | PORTS & SHIPPING Ports Ministry Gets Rs.33 Bn Proposals from Andhra Pradesh
29 Jul 2024 2 Min Read CW Team
The Ministry of Ports has received 29 proposals from Andhra Pradesh, amounting to ?33 billion. These proposals aim to boost port ... |
29.07.2024 | 22 Airports in India Proposed for Renaming by AAI
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed real esta... | AVIATION & AIRPORTS 22 Airports in India Proposed for Renaming by AAI
29 Jul 2024 2 Min Read CW Team
The Airports Authority of India (AAI) has proposed renaming 22 airports across the country to better reflect local culture, history, an... |
27.07.2024 | Navigating the Waves of Change: Ganesh Raj's Leadership in Logistics | In the ever-evolving world of logistics and maritime services, leadership is crucial. Recently, Ganesh Raj stepped into two pivotal roles: Group CEO of Unifeeder and Global COO of Marine Services at DP World. This dual appointment is not ju... |
26.07.2024 | GPT Infraprojects Wins Rs 1.03 Bn Orders for New Projects
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed r... | ECONOMY & POLICY GPT Infraprojects Wins Rs 1.03 Bn Orders for New Projects
26 Jul 2024 2 Min Read CW Team
GPT Infraprojects has recently secured new contracts totaling ?1.03 billion, marking a significant expansion in its project portfo... |
26.07.2024 | Fiscal Consolidation to Enhance India's Credit Profile, Say Agencies
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top ... | ECONOMY & POLICY Fiscal Consolidation to Enhance India's Credit Profile, Say Agencies
26 Jul 2024 2 Min Read CW Team
Global credit agencies have forecasted a positive shift in India's credit profile, attributing this improvement to the ... |
25.07.2024 | Budget 2024-25 to turn India into a logistic powerhouse
India to reach 300 MT by 2030 in steel production; Deloitte & ISA
300,000 people left jobless in 10 years post-closing of 49,000 MSMEs
MNRE ... | WAREHOUSING & LOGISTICS Budget 2024-25 to turn India into a logistic powerhouse
25 Jul 2024 3 Min Read CW Team
The Union Budget for 2024-25 has taken significant steps towards positioning India as a global logistics powerhouse by focusi... |
16.07.2024 | High Copper Prices To Pose Challenges For EV Players The rise in the red metal price will force manufacturers either to absorb the costs, reduce profit margins or increase vehicle prices. | Analysts have predicted a seven to eight per cent increase in copper prices in the current financial year and it has given another worry to electric vehicle industry which is already grappling with the poor number of sales from the past few... |
15.07.2024 | Indian auto component sector growth to moderate in FY25; ICRA
Rajasthan government starts exploring coal bed methane reserves
TotalEnergies sells $860M Nigerian oil and gas stake to Chappal Energies
D... | ECONOMY & POLICY Indian auto component sector growth to moderate in FY25; ICRA
15 Jul 2024 3 Min Read CW Team
The Indian auto component industry is expected to see a moderation in revenue growth to 5-7% for the fiscal year 2025, followi... |
01.07.2024 | Strict quality norms for asbestos cement products to boost domestic manufacturing
Mahindra selects ABB’s PixelPaint for premium paint options
PJTL Lenders Approve Rs 10.20 billion One-Time Settlement
... | Cement Strict quality norms for asbestos cement products to boost domestic manufacturing
01 Jul 2024 5 Min Read CW Team
The government has issued mandatory quality norms for asbestos or fibre cement-based products to curb the import of sub-... |
30.06.2024 | Rise in Yarn Exports to China Boosts India’s Textile Industry | In FY24, India’s yarn exports experienced significant growth, with shipments to China increasing from 10 percent in FY23 to 21 percent. This surge is attributed to competitive prices of Indian cotton and the issues surrounding Xinjiang cott... |
26.06.2024 | SBI's Strategic Branch Expansion and Infrastructure Development Initiatives in India | State Bank of India (SBI), the largest lender in India, is embarking on a significant network expansion plan in the current financial year, with the goal of establishing 400 new branches across the country. This move underscores SBI's commi... |
25.06.2024 | ICRA Forecasts Stable Thermal PLF and 6% Power Demand Growth for FY2025
Pak Delegation and Experts Inspect Power Projects
Odisha Seeks Increased Funds for Infrastructure Development
Signify Expanding ... | POWER & RENEWABLE ENERGY ICRA Forecasts Stable Thermal PLF and 6% Power Demand Growth for FY2025
25 Jun 2024 2 Min Read CW Team
ICRA, a credit rating agency, has forecasted stable Plant Load Factor (PLF) for thermal power plants and exp... |
24.06.2024 | SBI MD says bring InvITs under bankruptcy law
Delhi-Meerut Rapid Rail Corridor 50% Complete
Pranik Logistics Files DRHP for IPO
Kumaraswamy Discusses Bengaluru-Sathy Railway Line | ECONOMY & POLICY SBI MD says bring InvITs under bankruptcy law
24 Jun 2024 3 Min Read CW Team
A top official from SBI stated that Infrastructure Investment Trusts (InvITs) are currently immune from insolvency proceedings and emphasised ... |
21.06.2024 | Stable Thermal PLF, Power Demand Growth
KEI Industries Faces Rs 80 Mn Daily Loss Amid Wage Dispute
Hyderabad Aims for World-Class Status
Ferrari's First Electric Car Debuts | POWER & RENEWABLE ENERGY Stable Thermal PLF, Power Demand Growth
21 Jun 2024 3 Min Read CW Team
ICRA, a leading credit rating agency, projects a stable plant load factor (PLF) for thermal power plants and a 6% growth in power demand for... |
18.06.2024 | Unique Features of Shriram Finance's Fixed Deposit Schemes | Mumbai, Maharashtra, India
Shriram Finance, a leading financial services company in India, offers a diverse range of fixed deposit (FD) schemes catering to the varied needs and goals of investors. These schemes come with unique features tha... |
18.06.2024 | Globally, central banks plan to add more gold to reserves in 2024 | Global central banks plan to increase gold holding in their reserves even as Indian retail consumers may shun the yellow metal due to high prices.
As per the World Gold Council’s recent “Central Banks Gold Reserves” survey, nearly 30 per ce... |
16.06.2024 | Automakers see an uptick in automatic transmission vehicles | Automakers are witnessing an uptick in automatic transmission (AT) car purchases due to the availability of transmission options that were once exclusive to luxury vehicles.
India’s largest automaker, Maruti Suzuki, saw a 20 per cent growth... |
13.06.2024 | Investments are leading India's green energy growth: Moody's
Tata Power Installs 850+ EV Charging Points, Supports 2300 E-Buses in India
$57M Mansion Once Owned by China Evergrande's Chairman Sold
Noi... | POWER & RENEWABLE ENERGY Investments are leading India's green energy growth: Moody's
13 Jun 2024 5 Min Read CW Team
India is currently undergoing a revolutionary wave of infrastructure development, propelled by substantial government b... |
12.06.2024 | ICRA Forecasts 10% Growth in Non-Ferrous Metals Demand for FY202
Solar, Wind Bolster Thermal Power Amid Record Demand
India Leads Indo-Pacific Economic Pact Signing
Adani Commits $1 Billion to Sri Lan... | ECONOMY & POLICY ICRA Forecasts 10% Growth in Non-Ferrous Metals Demand for FY202
12 Jun 2024 2 Min Read CW Team
ICRA, a leading credit rating agency, has projected a significant uptick of 10% in the domestic demand for non-ferrous meta... |
07.06.2024 | RBI MPC Meeting June 2024 Highlights: RBI holds repo rate at 6.50%; forecasts 7.2% GDP growth for FY25 | Here are the major updates related to the latest bi-monthly RBI Monetary Policy Committee meeting.
RBI MPC Meeting June 2024 Key Highlights & Outcomes
Following are the highlights of the bi-monthly monetary policy announced by the Reser... |
07.06.2024 | Quickview| RBI’s Das is focussed on fighting inflation and that's good news for us | RBI left key rates unchanged today
The Reserve Bank of India (RBI), as expected, on June 7 kept the key lending rate unchanged at 6.5 percent. That rate action — or no action — is in line with what the majority of economists and bankers sai... |
03.06.2024 | Bhogapuram Airport in Andhra Pradesh prepares to take off
Railways records the highest freight loading in May
Cintra acquires part of IRB Infra Trust, MMK Toll Road
ATA says taxation issues pose hurdl... | AVIATION & AIRPORTS Bhogapuram Airport in Andhra Pradesh prepares to take off
03 Jun 2024 5 Min Read CW Team
Bhogapuram is transforming from a dusty village to an upcoming airport city and is witnessing hectic construction work by the G... |
30.05.2024 | Vedanta says ICRA has assigned top rating to its commercial paper | - |
29.05.2024 | Are Fixed Deposits a Secure Investment Choice for Indians | Mumbai, Maharashtra, India
In the vast landscape of investment options available to Indian investors, fixed deposits (FDs) have long been considered one of the safest choices. With a reputation for stability and reliability, FDs are favored... |
28.05.2024 | General insurance industry set for robust growth, GDPI to reach ₹3.7 lakh crore by 2025-26 | Rating agency ICRA expects a strong show by the general insurance industry in the next few years. Gross Direct Premium Income (GDPI) is estimated to touch ₹3.7 lakh crore by 2025-26, a 32 per cent rise from ₹2.8 lakh crore GDPI achieved in ... |
23.05.2024 | ICRA Q4 results: Net profit up 21.8% to Rs 47 cr, total revenue rises 13.7% | - |
23.05.2024 | NHAI's road assets monetisation can fetch up to Rs 60,000 cr FY25: ICRA | - |
22.05.2024 | 38 critical blocks on sale unlikely to accrue benefits in this decade: ICRA | - |
22.05.2024 | Dependency on minerals import risks India's green tech progress: ICRA | - |
21.05.2024 | India's Q4 GDP growth projected at 6.7%, FY24 growth at 7.8%, says ICRA | - |
17.05.2024 | NCLT approved record 269 resolution plans under insolvency code in FY24: ICRA | The National Company Law Tribunal (NCLT) approved a record 269 resolution plans under the Insolvency and Bankruptcy Code (IBC) in FY24, surpassing the previous high of 189 cases in FY2023, according to an analysis by ICRA.
The agency assess... |
16.05.2024 | DHFL scam decoded: Fake borrowers, shell companies, and billions lost | - |
16.05.2024 | International traffic expected to grow faster than domestic in FY25: ICRA | - |
14.05.2024 | Food inflation likely to remain cause for concern due to heatwave: ICRA | - |
14.05.2024 | ICRA predicts 4-6% growth in FY25 tyre sales | ECONOMY & POLICY ICRA predicts 4-6% growth in FY25 tyre sales
14 May 2024 3 Min Read CW Team
Icra stated that domestic tyre sale volumes are expected to experience a moderate growth of 4-6 per cent in this fiscal year, following an esti... |
07.05.2024 | Declining battery costs to encourage faster adoption of BESS | Softening prices of raw materials and increasing production has led to a record decline in battery prices last year, which in turn will help in increasing the adoption of battery energy storage systems (BESS).
According to ICRA, the storage... |
07.05.2024 | Credit flow to moderate, corporate bond issuances to rise in FY25: ICRA | - |
07.05.2024 | Incremental credit flow in the Indian economy from domestic sources to moderate in FY25 to ₹24.5 lakh crore: ICRA | ICRA has forecast incremental credit flow in the Indian economy from domestic sources to moderate in FY2025 even as domestic bond issuances are expected to rise further.
Also read:India’s $3.7-trillion economy can absorb capital inflows com... |
07.05.2024 | Construction Sector Revenues to Grow 12-15% by FY25: ICRA | ECONOMY & POLICY Construction Sector Revenues to Grow 12-15% by FY25: ICRA
07 May 2024 2 Min Read CW Team
According to ICRA, entities in the construction sector are poised to experience a significant revenue growth of 12-15% by the fisc... |
06.05.2024 | Construction Sector Revenues to Grow 12-15% by FY25: ICRA | ECONOMY & POLICY Construction Sector Revenues to Grow 12-15% by FY25: ICRA
06 May 2024 2 Min Read CW Team
According to ICRA, entities in the construction sector are poised to experience a significant revenue growth of 12-15% by the fisc... |
05.05.2024 | Home loan outstanding up by ₹10 lakh cr in last 2 yrs; reaches ₹27 lakh cr in March: RBI data | Credit outstanding to the housing sector rose by nearly ₹10 lakh crore in the last two fiscals to reach a record ₹27.23 lakh crore in March this year, according to RBI's data on 'Sectoral Deployment of Bank Credit'.
Experts from banking and... |
30.04.2024 | India's oil import bill could swell to $101-104 billion in FY25: ICRA | - |
29.04.2024 | Construction sector firms' revenues to see 12-15% growth this fiscal: ICRA | - |
27.04.2024 | ICRA Predicts Over Rs 250 Bn Capex for EV Components | POWER & RENEWABLE ENERGY ICRA Predicts Over Rs 250 Bn Capex for EV Components
27 Apr 2024 2 Min Read CW Team
ICRA, a credit rating agency, anticipates a substantial increase in capital expenditure (capex) for electric vehicle (EV) compo... |
24.04.2024 | Capex For EV Components To Exceed INR 25k Crore: ICRA The demand for EV batteries for domestic sales might go up to 15 GWh by 2025 and 60 GWh by 2030. | - |
23.04.2024 | Expect capex for EV components to cross Rs 25K cr in next 3-4 years: Icra | - |
23.04.2024 | Not necessary to activate countercylical capital buffer now: RBI tells banks | The Reserve Bank of India (RBI) on Tuesday said it is not necessary to activate countercyclical capital buffer (CCyB) for banks at this point in time.
The aim of the CCyB regime is two-fold. Firstly, it requires banks to build up a buffer o... |
23.04.2024 | Election Impact: Mining Equipment Sales to Decline | Equipment Election Impact: Mining Equipment Sales to Decline
23 Apr 2024 2 Min Read CW Team
"The sales volumes of the domestic mining and construction equipment (MCE) industry are projected to experience a downturn in FY2025, following... |
19.04.2024 | ICRA predicts 5-8% rise in India's road construction 2024/25 | ROADS & HIGHWAYS ICRA predicts 5-8% rise in India's road construction 2024/25
19 Apr 2024 2 Min Read CW Team
ICRA, the Indian arm of the Fitch ratings agency, stated that India is anticipated to maintain its current momentum in road con... |
18.04.2024 | Volumes of domestic mining, construction equipment may drop in FY25: ICRA | - |
17.04.2024 | Domestic Air Passenger Traffic Soars | AVIATION & AIRPORTS Domestic Air Passenger Traffic Soars
17 Apr 2024 3 Min Read CW Team
In the dynamic landscape of air travel, the Indian domestic aviation sector has witnessed remarkable growth, with passenger traffic reaching an impr... |
17.04.2024 | Larger banks may look at securitisation route to unlock liquidity | Larger banks may explore securitisation in the current financial year to unlock liquidity and support loan growth in the backdrop of deposit growth continuing to lag credit growth.
So far, non-banking finance companies, including housing fi... |
11.04.2024 | EU's Carbon Tax to Minimally Affect Indian Aluminium Exports: ICRA | ECONOMY & POLICY EU's Carbon Tax to Minimally Affect Indian Aluminium Exports: ICRA
11 Apr 2024 3 Min Read CW Team
The implementation of the Carbon Border Adjustment Mechanism (CBAM) by the European Union, aimed at taxing carbon emissio... |
10.04.2024 | ICRA revises banking sector outlook to ‘stable’ from ‘positive’ | ICRA has revised the banking sector outlook to “stable” from “positive” on the expectation of moderation in credit growth and profitability metrics. However, these two metrics will continue to remain healthy.
The risks to the stable outlook... |
10.04.2024 | SBI eyes more market share across segments | Even as the competitive intensity for incremental lending business is expected to remain muted for some time in FY25, State Bank of India sees this as an opportunity to increase its market share in all lending segments.
India’s largest bank... |