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ICRA holds negative outlook for metal, power sectors

Last Updated: Tuesday, April 2, 2013, 23:37

"The credit outlook for metals and mining, ower, construction and capital goods would remain negative till such time that the policy related constraints are addressed and there is a meaningful pickup in the investment cycle," Icra said in a report.

Mining, construction industry to see 12-15% decline this fiscal: ICRA

Last Updated: Thursday, March 14, 2013, 19:59

According to rating agency ICRA, the MCE industry will witness a volume fall of 12-15 percent to around 60,000-63,000 units in FY13.