Tag: icra
India core output slows to 4% in January
New Delhi: India’s core sector output slowed to 4% in January, from a four-month high of 4.7% in December, as momentum in energy-related industries moderated…
Gold, silver import surge pushes India’s January trade deficit to 3-month high of $34.68 billion
NEW DELHI: India’s goods trade deficit in January widened to a three-month high of $34.68 billion from $23.43 billion a year ago. Imports, driven by…
Wholesale inflation touches 10-month high of 1.8% in January
New Delhi: India’s wholesale inflation hit a 10-month high of 1.81% in January, increasing from 0.8% in the preceding month, driven by higher prices of…
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%…