Tag: icra
Fiscal deficit at 54.5% of FY26 target at Dec end
The central government’s fiscal deficit until December this financial year narrowed to 54.5% of the annual target, compared with 56.7% a year before, as net…
Economic Survey turns bullish on growth, cautions on uncertainty: Aditi Nayar, ICRA
The prescient and comprehensive Economic Survey for 2025-26 offers much food for thought. It has raised India’s potential GDP growth to 7% from 6.5%; on…
At 7.8%, December IIP growth zooms to over two-year high
New Delhi: India’s industrial output climbed to a 26-month high of 7.8% year-on-year in December, driven by manufacturing activity, goods and services tax (GST) rationalisation…
Budget 2026 wishlist: Manufacturing sector seeks tax relief, lower compliance costs
New Delhi: India’s manufacturing sector has pitched for tax relief and lowering compliance costs in the upcoming budget, with more than half of industry CXOs…
Banks seek more talks on ECL norms for crop loans
New Delhi: Banks want more deliberations on the expected credit loss (ECL) framework applicable to crop loans. Lenders have argued that the Stage 2 classification…
Unspent funds of up to ₹75,000 crore may help Centre meet FY26 fiscal deficit target
New Delhi: The Centre is likely to save ₹70,000-₹75,000 crore this fiscal year with several key ministries and flagship welfare schemes failing to utilise funds…
Trump effect: Cotton fabrics exports drop 30%
Cotton textile product exports from India headed southwards since the US announced tariffs in August 2025. Shipments dropped nearly 30% after the levy reached 50%…
Centre likely to prioritise debt consolidation, capex push in Budget 2026: ICRA
New Delhi: The government is likely to prioritise medium-term debt consolidation while sustaining a strong push for capital expenditure in the upcoming Union Budget for…
FY’27 Budget likely to peg fiscal deficit at 4.3%: ICRA
New Delhi, The government is likely to peg fiscal deficit at 4.3 per cent of GDP for the next financial year beginning April 2026 and…
Wholesale inflation hits 8-month high of 0.8% in December
New Delhi: Wholesale prices moved out of deflation after two straight months, recording an eight-month-high inflation of 0.83% in December, official data released Wednesday showed,…