Icra Report News Today

Global average battery costs hit record low in 2023, facilitating surge in battery energy storage systems, crucial for renewable energy integration

Megha’s P.V. Krishna Reddy made an interesting strategic investment in media brand TV9 in 2018 together with the promoters of the My Home group - Issue Date: May 12, 2024

Profitability to be subdued for NBFC-MFIs, SFBs this fiscal as credit costs to stay elevated: Icra : Rashtra News #Profitability #subdued #NBFCMFIs #SFBs #fiscal #credit #costs #stay #elevated #Icra In view of the muted performance in the first half of this fiscal, Icra has revised the FY22 growth outlook for the AUM of NBFC-MFIs to

The MFs’ asset in Maharashtra was up 27 per cent last month at ₹21.69-lakh crore against ₹17.14-lakh crore logged in January 2023. The State accounted for 41 per cent of overall average AUM of the industry at ₹52.89-lakh crore last month.

Icras recent report reveals a consecutive decline in economic growth, down to 8.1 per cent in December 2023 from 9.6 per cent in November, , economy growth, ICRA Report

ICRA Report: "Within the Indian automotive industry, the commercial vehicle (CV) sector has been the focus, given that CVs account for the major part of vehicular emissions in the country," it said, adding mandatory standards towards driver comfort and safety can help improve the driving conditions and road safety to a large extent.

The agencys sector head Deepak Jotwani said there has been "persistent uncertainty" in the key markets for IT companies which has resulted in pauses and deferral of non-critical projects and slowdown in discretionary IT spends by key sectors like banking, financial services and insurance, retail, technology and communication.

The surge, amounting to Rs 2.7 trillion, has been attributed to several factors, including favourable market conditions and significant issuances by prominent financial institutions, , economy, Q1FY24, bond issue, ICRA Report

India has significant import requirements for crude, as 80% of its oil needs comes from imports

All major state-run refiners at least doubled their gross refining margins.Oil product consumption increased 11% to 201.8 million tonnes during April-Feb