Page 37 - Icra

Covid-19 impact: It is WPI deflation for the first time in 4.5 years

Development raises hope of another 25 bps cut in repo by MPC

Average monthly rating downgrades rise 22% amid Covid-19 pandemic: ICRA

The rating agency said that from its rated portfolio, while the number of downgrades has increased, upgrades have nearly dried up

Housing finance firms comfortably placed to meet debt obligations: Report

The total maturing debt of HFCs for 2020-21 is estimated to be Rs 2.9-3.2 trillion, of which Rs 1.4 trillion is accounted for by debt markets, rating agency ICRA said in the report.

Covid-19: Bank NPAs may worsen to 11.6 per cent by FY21 end, says Icra

With an increase in stress on asset quality and profitability, state-owned banks may need Rs 45,000-82,500 crore of capital in this financial year under a weak credit growth scenario, it said

Single-day cases in India cross 9,000-mark: Coronavirus updates, highlights

India has recorded 9,304 new cases in the last 24 hours, its biggest single day spike, taking the country's official to 216,919

Market Ahead, June 4: All you need to know before the opening bell

Today, a total of 15 companies including DLF, PI Industries, and SRF are scheduled to announce their March quarter results

Air passenger traffic in India may fall 45-50% in FY21 over Covid-19: ICRA

It also said the aviation infrastructure industry is amongst the most severely impacted by the Covid-19 crisis and the setback is expected to be substantial in the near term

Extension of moratorium on loan repayment to affect liquidity: Icra

In March, RBI had announced a three-month moratorium on loan repayments due between March 2020 and May 2020. Last month, the central bank further extended the moratorium by three months

NHAI extension in concession time for BOT toll projects is pointless: Icra

It does not compensate for loss in net present value terms for most Build-Operate-Transfer toll projects, says agency

CRISIL to CARE, agencies peg India's economic growth at 4-4.7% in FY20

The first Advance Estimates, released in January for the purpose of Budget preparations, pegged the economic growth rate at 5 per cent in 2019-20.

Covid impact: Icra pegs GDP growth at 1.9% in Q4 and 4.3% in FY20

Earlier, the second advance estimates of the government pegged the growth at 5 per cent in 2019-20, but analysts had doubted that number

Domestic aviation sector will need extra Rs 35,000 cr between FY21-23: ICRA

In the forecast, Icra has included an aggregate of all the five private sector players -- IndiGo, SpiceJet, GoAir, Vistara and AirAsia India -- to make the balance sheet

Icra revises domestic steel industry outlook to negative from stable

Sees domestic demand for the alloy declining by 20% in FY21

Indian economy to contract 5-7% in FY21: Bernstein, Goldman Sachs

Analysts say the Rs 20-trn stimulus package by govt a lost opportunity

Indian firms getting downgraded like never before; credit markets at risk

Ratings have been cut for 847 companies

Slowdown blues: Incremental credit flow drops 64% to Rs 6.04 trn in FY20

Economic slowdown hits activity, adding fuel to the fire

Market Ahead, May 5: All You Need To Know Before The Opening Bell

With further extension of the nationwide lockdown, the RBI is considering a proposal for extending the moratorium on bank loans by another three months

India's economic growth rate may contract 16-20% in Q1, says Icra

This would mean a contraction of 1-2 per cent for entire FY21, against the agency's earlier projection of -1 per cent to 1 per cent

Icra expects GDP to contract by 20% in June quarter, 2% fall in FY21

The agency's earlier economic forecast was a range, according to which the GDP may either expand by 1 per cent or contract by 1 per cent in 2020-21

Core sector output shrinks by 6.5% in March amid coronavirus lockdown

March performance is worst in current series