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Trumps Tariffs: Rs 4.5K Crore Revenue Hit Expected For Auto Component Industry
The Indian auto component industry demand continues to benefit from a diversified mix of end-user segments and geographies, with over 70 per cent of its revenues coming from domestic sales.
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OMCs Making Huge Profit On Petrol, Diesel As Crude Prices Fall: ICRA
As the crude prices have come down, oil marketing companies are making profits of Rs 15/litre and Rs 12/litre on petrol and diesel, respectively.
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Adani Total Gas Secures Long-Term Rating Upgrade Amid Robust Financial Growth
ICRA has upgraded the long-term rating of Adani Total Gas Limited (ATGL), formerly known as Adani Gas Limited, to [ICRA]AA(Stable) while reaffirming the short-term rating.
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Domestic Air Passenger Traffic Registers 60% Growth In 2022-23: Report
The domestic aviation industry continues to witness recovery with air passenger traffic logging around 60 per growth at 13.60 crore in FY23 annually, ICRA said today.
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Indian Inc's Profit Margin Narrows In Q3 On High Inflation: Report
India Inc's operating profit margin narrowed by a sharp 2.37 per cent in the December quarter to 16.3 per cent on an annual basis due to inflation and rising energy costs, ratings agency Icra said today.
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Rising Gas Prices Constrain CNG Penetration In Commercial Vehicles: Report
A spurt in global energy prices has led to a 70 per cent jump in the price of CNG in the last one year.
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Crisil Cuts FY23 Growth Projection For India To 7%
Rating agencies Crisil and Icra on Monday revised down their India growth projections for the current fiscal and the second quarter mainly due to the ripple effect of slowdown in global growth and mixed crop output.
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India's Policy Rate Hike Cycle To Be Shallower Than US: Ratings Body
Aiming to view to addressing high inflation in the US, America's central bank has recently hiked policy rates by a steep 75 basis points
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Third-Party Insurance Rate Hike For 2-Wheelers Unlikely To Impact Demand: ICRA
The upward revision in the third-party insurance premium for two-wheelers, which has come into force from June 1, is unlikely to materially impact the demand, credit ratings agency ICRA said on Friday.
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Government's Tax Devolution May Exceed Budget Estimate In Current Fiscal: Report
The central tax devolution is likely to rise to Rs 9.3 lakh crore in 2022-23 from Rs 8.8 lakh crore in 2021-22
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RBI Likely To Maintain Status Quo On Key Rates To Support Growth: Experts
The Reserve Bank of India is likely to maintain status quo on interest rates in its forthcoming monetary policy review
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GDP Estimate Cut Sharply From Ukraine War Fallout, Says Ratings Agency
Domestic rating agency ICRA on Tuesday cut its FY23 real gross domestic product (GDP) growth estimate by a sharp 0.8 per cent to 7.2 per cent, primarily driven by the fallout of the Russian invasion of Ukraine.
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Widening Current Account Deficit Could Impact Growth In 2022-23: ICRA
Rating agency ICRA has cautioned about serious risks to the Indian economy in the next financial year due to the widening current account deficit
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Commodities Could Face Inflationary Pressure Due To Ukraine Crisis: ICRA
ICRA has said that short term impact of Russia's invasion of Ukraine on India will be via inflationary pressures, as it is dependent on imported oil
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Budget 2022: ICRA Expects Higher Budgetary Support For Logistics Sector
Enhanced budgetary support from government for flagship projects like Sagarmala and inland waterways will help expediting their execution, said ICRA
-
Trumps Tariffs: Rs 4.5K Crore Revenue Hit Expected For Auto Component Industry
The Indian auto component industry demand continues to benefit from a diversified mix of end-user segments and geographies, with over 70 per cent of its revenues coming from domestic sales.
-
OMCs Making Huge Profit On Petrol, Diesel As Crude Prices Fall: ICRA
As the crude prices have come down, oil marketing companies are making profits of Rs 15/litre and Rs 12/litre on petrol and diesel, respectively.
-
Adani Total Gas Secures Long-Term Rating Upgrade Amid Robust Financial Growth
ICRA has upgraded the long-term rating of Adani Total Gas Limited (ATGL), formerly known as Adani Gas Limited, to [ICRA]AA(Stable) while reaffirming the short-term rating.
-
Domestic Air Passenger Traffic Registers 60% Growth In 2022-23: Report
The domestic aviation industry continues to witness recovery with air passenger traffic logging around 60 per growth at 13.60 crore in FY23 annually, ICRA said today.
-
Indian Inc's Profit Margin Narrows In Q3 On High Inflation: Report
India Inc's operating profit margin narrowed by a sharp 2.37 per cent in the December quarter to 16.3 per cent on an annual basis due to inflation and rising energy costs, ratings agency Icra said today.
-
Rising Gas Prices Constrain CNG Penetration In Commercial Vehicles: Report
A spurt in global energy prices has led to a 70 per cent jump in the price of CNG in the last one year.
-
Crisil Cuts FY23 Growth Projection For India To 7%
Rating agencies Crisil and Icra on Monday revised down their India growth projections for the current fiscal and the second quarter mainly due to the ripple effect of slowdown in global growth and mixed crop output.
-
India's Policy Rate Hike Cycle To Be Shallower Than US: Ratings Body
Aiming to view to addressing high inflation in the US, America's central bank has recently hiked policy rates by a steep 75 basis points
-
Third-Party Insurance Rate Hike For 2-Wheelers Unlikely To Impact Demand: ICRA
The upward revision in the third-party insurance premium for two-wheelers, which has come into force from June 1, is unlikely to materially impact the demand, credit ratings agency ICRA said on Friday.
-
Government's Tax Devolution May Exceed Budget Estimate In Current Fiscal: Report
The central tax devolution is likely to rise to Rs 9.3 lakh crore in 2022-23 from Rs 8.8 lakh crore in 2021-22
-
RBI Likely To Maintain Status Quo On Key Rates To Support Growth: Experts
The Reserve Bank of India is likely to maintain status quo on interest rates in its forthcoming monetary policy review
-
GDP Estimate Cut Sharply From Ukraine War Fallout, Says Ratings Agency
Domestic rating agency ICRA on Tuesday cut its FY23 real gross domestic product (GDP) growth estimate by a sharp 0.8 per cent to 7.2 per cent, primarily driven by the fallout of the Russian invasion of Ukraine.
-
Widening Current Account Deficit Could Impact Growth In 2022-23: ICRA
Rating agency ICRA has cautioned about serious risks to the Indian economy in the next financial year due to the widening current account deficit
-
Commodities Could Face Inflationary Pressure Due To Ukraine Crisis: ICRA
ICRA has said that short term impact of Russia's invasion of Ukraine on India will be via inflationary pressures, as it is dependent on imported oil
-
Budget 2022: ICRA Expects Higher Budgetary Support For Logistics Sector
Enhanced budgetary support from government for flagship projects like Sagarmala and inland waterways will help expediting their execution, said ICRA
