Icra

Two-wheeler retail sales are expected to increase by just 4-7% in volume terms in the domestic market this fiscal year despite logging strong growth in the festive period, according to a report.The festive season this year saw robust growth…

The jump in unsecured credit can also be partly attributed to the borrower-focused approach of entities vis-à-vis their product-focused approach in the past. (Representative image)The NBFC-Retail AUM grew by a robust pace of about 26 per…

ICRA has revised upward the growth outlook for the current financial year for the retail loans of Non-Bank Financial Companies (NBFC-Retail) and Housing Finance Companies (HFC-Retail), which account for the bulk of the overall sector. The…

Moody’s said that credit conditions in India have gradually improved, with a significant reduction in the banks' stock of legacy problem loans over the past three years. (Representative image)ICRA expects the banking sector’s performance to…

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New Delhi: The live storage available in 146 reservoirs across India is down 6% from last year, according to the latest data from the Central Water Commission (CWC). Live storage stands at 94% of the amount in the corresponding period last…

The Indian economy grew at a rate of 6.1 per cent in the final quarter of the previous fiscal, likely pushing the overall growth rate to 7.2 per cent for FY23, data showed on Wednesday. While analysts were pleasantly surprised with the…

GDP data released on Wednesday clearly indicates that the Indian economy is moving at a faster clip from the March quarters onwards, with sectors like manufacturing and agriculture pushing the overall economic activities, according to…

General Atlantic and Advent International are at an advanced stage in their bid to acquire private equity firm Everstone Capital's 40.9% stake in Restaurant Brands Asia (RBA), which operates fast-food chain Burger King in India, said…

NSO is scheduled to release the provisional estimate for the GDP growth for the fourth quarter as well for the fiscal 2022-23 on May 31.Icra estimates the services gross value added (GVA) year-on-year growth to have risen mildly to about…