Tag: icra
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%…
Centre likely to prioritise debt consolidation, capex push in Budget 2026: ICRA
New Delhi: The government is likely to prioritise medium-term debt consolidation while sustaining a strong push for capital expenditure in the upcoming Union Budget for…
FY’27 Budget likely to peg fiscal deficit at 4.3%: ICRA
New Delhi, The government is likely to peg fiscal deficit at 4.3 per cent of GDP for the next financial year beginning April 2026 and…
Wholesale inflation hits 8-month high of 0.8% in December
New Delhi: Wholesale prices moved out of deflation after two straight months, recording an eight-month-high inflation of 0.83% in December, official data released Wednesday showed,…
Retail inflation hits 3-month high of 1.3% in December
New Delhi: Retail inflation hit a three-month high of 1.3% in December 2025, increasing from 0.7% in November, as food deflation eased and prices pressures…
Credit demand zooms as policy eases, outstanding bank credit crossed Rs 200 lakh cr for the first time on Dec 31, 2025
Mumbai: Credit demand in India is getting a boost from the reduction in the goods and services tax (GST) and a more accommodating monetary policy,…
India inflation likely to remain low in 2026, new CPI series on anvil
New Delhi: India is preparing to rejig methodology for computing CPI and revamp monetary policy mandate for targeting retail inflation in 2026 after a year…