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Searched Tag: icra

Domestic road logistics revenue to grow 9% in FY25: Icra

October 5, 2024, 09:04 PM - 2 min read

Icra expects the revenues of the Indian road logistics industry to grow by a moderate 6-9 per cent year-on-year (y-o-y) in FY25.

Steel consumption to grow 9-10% in FY25: ICRA

September 12, 2024, 02:36 PM - 2 min read

Domestic steel consumption is projected to grow 9-10% in FY2025, driven by strong demand despite rising imports. Capacity utilisation may reach a decadal high, and government capex is expected to pick up post-monsoon, according to ICRA.

ICRA upgrades Adani Total Gas to "AA" rating

June 1, 2024, 12:37 PM - 2 min read

ICRA upgraded Adani Total Gas Ltd's rating to "AA" from "AA-" with a stable outlook, citing improved financials, robust sales growth, and expanding operations.

India's Goods and Services Tax (GST) collections have crossed an impressive attainment of Rs 2 lakh crore for the fiscal year 2023-24.

Surge in GST collections reflects strong Indian economy

April 2, 2024, 04:50 PM - 2 min read

Karnataka leads the pack with a remarkable 26 per cent growth rate in GST collections, closely followed by Maharashtra with a 22 per cent rise. Even Uttar Pradesh, the country’s largest state, has posted a significant 19 per cent jump, matching the performance of Tamil Nadu.

As per the latest data released on Tuesday, consumer price inflation (CPI) figures for February revealed a mixed picture across various Indian states, with disparities evident in retail inflation rates compared to the national average.

CPI Inflation in February: Disparity persists across Indian states

March 12, 2024, 09:05 PM - 2 min read

Aditi Nayar, Chief Economist at ICRA, projected a dip in headline CPI inflation to below 5% in March, primarily attributed to reductions in fuel and light prices. However, she cautioned that food inflation is likely to remain elevated above 7%.