Tag: icra
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…
Indian agricultural sector under threat by trifecta of below-Normal Monsoon, El Nino, and West Asia war: ICRA
New Delhi: India’s agriculture sector may face a challenging year ahead amid concerns over weak monsoon, possible El Nino conditions, and fertilizer supply risks linked…
Food, fuel prices push up March retail inflation to 3.4%
New Delhi: Retail inflation increased to 3.4% year-on-year in March from 3.2% in the previous month, driven by higher food and fuel prices, with the…
States likely to raise up to Rs 14 lakh crore in FY27, says ICRA
New Delhi: State governments are expected to raise between Rs 13.4 lakh crore and Rs 14 lakh crore in the current financial year FY2027, marking…