New Delhi, Oct 10 The 5 per cent DA increase for the government employees and pensioners could result in a mild rise of their disposable incomes that may boost small ticket durables consumption, analyst Aditi Nayar from ICRA, said on
New Delhi, July 18 Ratings agency ICRA expects the Q1 FY2020 current account deficit (CAD) to remain steady at $16-17 billion or 2.3 per cent of GDP, despite the recent contraction in merchandise exports and imports. The agency in a
Kolkata, Dec 27 (IANS) Amid market volatility and cautious investor sentiments, Indian broking industry is estimated to post a moderate growth of 5-10 per cent in the current fiscal (2018-19) with estimated revenue projected at Rs 19,500-20,000 crore, said a report
Mumbai, June 30 State-run Punjab National Bank (PNB) on Friday said that it has sold its entire stake in credit ratings agency ICRA for Rs 108.60 core. According to a BSE filing, the bank sold its entire stake of 330,000
Kolkata, May 7 (IANS) Higher gold prices and tightened credit availability are expected to weaken growth in jewellery demand by 2-4 per cent during 2018, a credit rating agency said on Monday. “The agency expects the jewellery demand growth to
New Delhi, Aug 18 The domestic seed industry will continue to grow at a double-digit growth rate in the medium-term driven by improved seed replacement ration (SRR) and rising adoption of improved hybrid seeds, ratings agency ICRA announced on Monday.
The integrated rating methodology for state power distribution utilities was developed by Ministry of Power with active involvement of CEA, CERC, PFC, REC, distribution utilities and credit rating agencies CRISIL, ICRA and CARE. The methodology was given final shape in
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