Tag: icra
Wholesale inflation hits 42-month high of 8.3% in April
India’s wholesale inflation surged to a 42-month high of 8.3% year-on-year in April, from 3.9% in March, largely driven by the rising prices of fuel,…
Retail inflation up a tad on rise in food, bullion prices
New Delhi: Retail inflation jumped to a four-month high of 3.5% year-on-year in April, up slightly from 3.4% in March, led by rising food and…
Rain check! A dry economic switch may add to Indians’ war-led shocks
If your vegetable bill jumps suddenly this year, it might have something to do with how the rains unfold. In India, rain isn’t just weather;…
ICRA cuts Ola Electric’s rating as competition, poor brand perception hit performance
EV manufacturer Ola Electric Technologies has been downgraded by the rating agency ICRA, citing low sales, continued losses, and a delayed timeline to profitability, even…
India industrial output at 4.1%, hit by Iran war
New Delhi: India’s industrial output growth slowed to a five-month low of 4.1% year-on-year in March, dragged by weaker electricity and manufacturing, but outperformed economists’…
Industrial growth dips to five-month low of 4.1% in March
India’s industrial output growth slowed to a five-month low of 4.1% year-on-year in March from 5.1% in February, dragged by weaker electricity and manufacturing, official…
Garment exporters see demand recovering as US tariff pressures ease
Bengaluru: India’s garment exporters are expecting a strong recovery in business in the second half of this financial year, as easing US tariff pressures bring…
Core sector output fell 0.4% in March, lowest in 19 months
India’s core sector output fell by 0.4% year-on-year in March, the lowest in 19 months, due to a steep decline in fertiliser production amid the…
Faster insolvency process proposed with creditor-led resolution framework
A compact process proposed to speed up insolvency resolution can be initiated only by financial creditors having a combined share of at least 51% in…
WPI inflation hits 38-month high of 3.9% in March as soaring energy, crude prices amid West Asia war drive up costs
New Delhi: India’s wholesale inflation hit a 38-month high of 3.9% year-on-year in March, up from 2.1% in February, driven by higher prices of crude…