Tag: icra
India’s Q2 GDP growth likely stayed firm on strong domestic demand
India’s economy likely stayed resilient in the July-September quarter, driven by consumer demand and front-loading of production and exports ahead of U.S. tariffs, though growth…
Icra revises electricity demand growth forecast downward to 1.5-2% in FY26
Rating agency Icra has revised its forecast for electricity demand growth downward to 1.5-2 per cent for FY26 from 4-4.5 per cent earlier, mainly impacted…
Sustaining festive season demand trend to depend on broader economic condition: ICRA
Festive season trends point to a rebound in demand, especially for consumer durables, as GST rate cuts have eased the tax burden for consumers, but…
India’s core output growth stays flat in October
New Delhi: India’s core sector output growth remained flat in October on a year-on-year basis and fell to a 14-month low, weighed down by contractions…
India’s core sector growth remains flat in October, weakest in 14 months
India’s infrastructure output was unchanged in October from a year earlier, its weakest performance in 14 months, as declines in coal, crude oil and electricity…
Amid sharp fall in food costs, wholesale prices slip into deflation, again
New Delhi: Wholesale prices fell to a 27-month low and slipped back into deflation after two months of positive readings, declining to -1.2% in October,…
GST rate cuts pull down October inflation by 85 bps, declining trend to continue: Experts
The GST rate cuts brought down retail inflation by 85 basis points to a record low of 0.25 per cent in October and the declining…
Inflation hits decade low of 0.25% in October; rate cut hopes rise ahead of RBI’s December MPC meet
New Delhi: India’s retail inflation dropped sharply to 0.25% in October, the lowest level since the current series began in 2013, driven by lower food…
Fiscal deficit at 36.5% of FY26 target on higher capital spending
The Centre’s fiscal deficit in the first half of 2025-26 hit 36.5% of the annual target, compared with 29.4% a year before, thanks to higher…
GST collection sparkles despite wholesale cuts; Govt foresees marginal shortfall from budget estimates, upbeat about Oct numbers
New Delhi: India’s goods and services tax (GST) revenues have remained robust even after early September’s sweeping structural rationalisation that slashed rates on 99% of…