Tag: icra
Wholesale inflation hits record 9.9% in June on fuel, food prices
New Delhi: India’s wholesale inflation rose to a record 9.9% year-on-year in June, driven by an increase in fuel and food prices amid continued impact…
Retail Inflation up to 4.4% on costlier food, transport
New Delhi: India’s retail inflation climbed to 4.4% in June, exceeding the central bank’s 4% target, due to higher food and transport costs, according to…
Fall in global crude prices brightens fiscal outlook, El Nino risks linger
New Delhi: A sharp decline in global crude oil prices following the easing of tensions in West Asia has improved India’s fiscal outlook, with economists…
The ‘little boy’ in the Pacific, India’s monsoon and the big test ahead
One of India’s biggest uncertainties this year may not lie in global shipping lanes or geopolitical conflicts; it may arrive with a delayed monsoon. The…
Growth engine revving as GST, auto sales rise despite global roadblocks
New Delhi: India’s economy ended the first quarter of FY27 on a strong footing with various high-frequency indicators showing robust growth in June, reflecting resilience…
Core sector output slows to seven-month low of 0.5% in May
India’s core sector growth slowed to a seven-month low of 0.5% year-on-year in May, from 1.8% in April, as lower output from energy-related industries dragged…
War, oil and El Nino: Triple threat may cut India Inc’s profit margins by 150 bps
New Delhi: Rating agency ICRA on Thursday said geopolitical tensions in West Asia are likely to act as a key overhang and impact earnings of…
New series debut: WPI at 9.7% in May; energy costs drive surge; revamped index expands basket to 957 items
New Delhi: India’s wholesale inflation rose to a record 9.7% year-on-year in May, the first reading under the revised Wholesale Price Index (WPI) series that…
Retail inflation edges up to 3.9% in May
New Delhi: India’s retail inflation rose to 3.93% year-on-year in May – the highest level under the new 2024 base year series introduced in January…
India defies West Asia war concerns as Q4 GDP growth hits 7.8%; risks remain ahead
New Delhi: India’s economy grew by a better-than-expected 7.8% in the March quarter from a year earlier, belying fears of the West Asia war hurting…