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ICRA expects NPAs to cross 5% in FY16

Last Updated: Wednesday, May 13, 2015, 18:16

ICRA expects economic growth to improve modestly to 7.6-7.8% in 2015-16 from 7.3% in 2014-15.

Construction sector may revive with easing of project funding

Last Updated: Tuesday, April 21, 2015, 20:38

"The construction sector is likely to get a major boost from the government's focus on development of infrastructure in India," ICRA Senior VP Rohit Inamdar said in a statement.

Maruti eyes another strong year post record sales in FY 2015

Last Updated: Thursday, April 2, 2015, 17:47

Auto industry expects car sales to grow around 6-8 percent in 2015-16.

Mercedes-Benz India posts 40% increase in sales in Jan-Mar quarter

Last Updated: Thursday, April 2, 2015, 17:45

Sales new generation cars and SUVs contributed significantly to sales.

Slow car sales growth in March, Maruti posts record sales in FY15

Last Updated: Wednesday, April 1, 2015, 18:43

Car sales reflected the slow recovery in Indian automobile market.

Car sales growth to accelerate to 7% in FY16: Icra

Last Updated: Saturday, March 21, 2015, 08:52

The expansion will be largely driven by an improvement in customer sentiment.

MUDRA Bank can be positive for microfinance sector: ICRA

Last Updated: Friday, March 6, 2015, 14:30

With Non Banking Finance Companies- Microfinance Institutions (NBFC-MFIs) likely to have overall debt of Rs 360 billion to Rs 420 billion by March 2016, re-finance from MUDRA Bank could constitute a major portion of the overall debt of the MFIs, according to rating agency ICRA.

2-wheeler industry to grow 8-9% in FY15; 1-2% next fiscal: ICRA

Last Updated: Thursday, February 26, 2015, 18:20

It will be driven by increasing penetration of scooters even as the larger segment of motorcycles continues to post modest growth supported mainly by replacement demand, ICRA said in its report.

Highway projects to pick up in Q1 of the next fiscal: ICRA

Last Updated: Monday, February 23, 2015, 21:29

Efforts to fast-track clearances in the highways sector will yield positive results beginning the first quarter of 2015-16, rating agency ICRA said Monday.

Hotel industry revenue may grow 9-11% in FY16: ICRA

Last Updated: Monday, February 23, 2015, 19:44

Indian hotel industry revenue is expected to grow by 9-11 percent in 2015-16 -- after a subdued growth rate of 5-8 percent in the current fiscal, rating agency ICRA said in a report.

Cement sector to witness recovery in demand, prices: ICRA

Last Updated: Tuesday, February 10, 2015, 21:11

The wholesale cement prices in North and West came under pressure in Q2 FY15 due to monsoons. Post monsoons, the recovery in prices has been slow.

New criteria equity infusion could trigger consolidation: ICRA

Last Updated: Monday, February 9, 2015, 19:54

The new performance criteria for equity infusion into public sector banks (PSBs) could potentially lead to a shakeup in the sector in the absence of a transition period and given the pending structural issues, rating agency ICRA said.