The rating agency Icra says, the impact of a favourable base effect related to the escalation of geopolitical conflict is likely to have peaked in April 2023
, , economic hurdles, rating agency ICRA, inflation, consumer price index, cpi inflation
Mandatory scrapping of government vehicles older than 15 years, with effect from 01 April 2023 to provide
some support to industry volumes, says Icra
, , CV industry, rating agency ICRA, icra
New Delhi [India], Aug 21 (ANI): Primary fertiliser sales volume during first four months of FY22 registered 11 per cent decline compared to 4M FY21, mainly due to the base effect as during H1 FY21 fertiliser sales witnessed an upsurge owing to panic buying by farmers following Covid-19 pandemic led lockdown.
Read more about Covid-19 pandemic impact: ICRA downgrades ratings for two MFIs on Business Standard. The rating action factors in the significant increase in delinquencies and the pressure on profitability and growth in light of the Covid-19 pandemic
New Delhi [India], June 10 (ANI): Rating agency ICRA on Thursday projected the year-on-year (YoY) growth of GDP and gross value added (GVA) at basic prices (at constant 2011-12 prices) at 8.5 per cent and 7.3 per cent respectively in FY2022.