Tag: icra
April-August fiscal gap widens to ₹7.1 lakh crore on higher capex, subsidy outgo
New Delhi: The central government’s fiscal deficit stood at ₹7.1 lakh crore, or 41.9% of the target for the entire financial year, at the end…
India Inc can weather 50 bps rate hike, El Nino impact: Crisil
Crisil Ratings stated on Wednesday that India Inc will remain unaffected even if the Reserve Bank delivers the widely expected 0.50 percentage point rate hike…
Centre cuts FY27 market borrowing to Rs 15.99 lakh crore; targets longer debt maturity
New Delhi: The government has further pared its full-year market borrowing to ₹15.99 lakh crore, a reduction of ₹1.2 lakh crore as it seeks to…
August core sector growth hits 3-month low as energy sectors lose steam
New Delhi: India’s core sector output growth eased to a three-month low of 4.8% year-on-year in August due to contraction in energy-related sectors and an…
Retail inflation in August rises to 4.8%, wholesale print up 9.9%
New Delhi: India’s price pressures intensified in August, with retail inflation accelerating to 4.8%, its highest level since the introduction of the revised Consumer Price…
WPI inflation edges higher to 9.9% in August, fuel leads rise
Wholesale prices rose to 9.9% year-on-year in August, from 9.8% in July, driven by higher inflation in fuel and power and manufactured products, official data…
India rides out West Asia storm as GDP grows 7.8% in April-June quarter
New Delhi: India’s economy grew a better-than-expected 7.8% in the June quarter from a year earlier, belying concerns that severe headwinds, including the war in…
July core growth down to 5.4% as iron ore, power lose steam
New Delhi: India’s core sector output grew 5.4% year-on-year in July, slowing from 6% in June, as growth in iron ore, electricity and steel moderated…
ICRA estimates India’s GDP growth at four-quarter low of 7 per cent in April-June
New Delhi: Rating agency ICRA on Monday estimated India’s GDP growth at a four-quarter low of 7 per cent in the April-June quarter of the…
Wholesale inflation eases to 9.8% on softer energy prices
New Delhi: India’s wholesale inflation eased marginally to 9.8% year-on-year in July from 9.9% in June and May, as softer energy prices offset rising inflation…