ICRA Archives - PGurus

India's merchandise imports in March 2022 increased by 24.21 percent over last year to $60.74 billion from $48.90 billion

Commerce

India’s merchandise exports for March surge over 19% YoY basis

PGurus Newsdesk - April 14, 2022 0

Merchandise exports surge over 19%, imports 24% As per the official data released on Wednesday, India's March 2022 merchandise exports rose to $42.22 billion, higher...

As per ICRA, the trend will be supported by the resumption of international commercial operations and an increase in tariffs

Commerce

Indian airports expected to become profitable in FY23, says rating agency...

PGurus Newsdesk - March 28, 2022 0

After a gap of two years, Indian airports expected to become profitable in FY23 Post-pandemic the economic slowdown is slowly seeing an uprise. The Indian...

The ratings agency noted that increasing oil prices add to the fiscal burden for the country, but it is a positive for upstream oil companies

Economy

Oil price hike positive for upstream sector; losses to prolong for...

PGurus Newsdesk - March 24, 2022 0

Natural gas business of PSU upstream companies to turn profitable: ICRA According to the rating agency ICRA, the natural gas business of PSU upstream companies...

This is the offsetting effect of a cut in fuel taxes, data released by the statistics department on Monday showed

Economy

India’s November retail inflation sees a surge to 4.91%

PGurus Newsdesk - December 14, 2021 0

Retail inflation rises to 4.9% in November Official data showed that India's November retail inflation surged on a sequential basis and the reason behind it...

Fitch raised GDP growth projection for the next financial year to 10.3 percent

Economy

Fitch shows India’s GDP growth forecast to 8.4% for FY 2022

PGurus Newsdesk - December 8, 2021 0

Fitch cuts India's FY22 GDP growth forecast to 8.4% Fitch Ratings has cut India's economic growth forecast to 8.4 percent for the current fiscal year...