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1. Budget 2022: FY2023 fiscal deficit to be similar to budgeted level for FY2022

   Tue, 25 Jan 2022 01:21:13 GMT

   ICRA projects the year-on-year (YoY) expansion in GDP at 9.0 per cent each in FY2022 and FY2023, in real terms, with modest downside risk for FY2022 amid the Omicron spread.In our base-case scenario, ...

2. ICRA downgrades credit ratings to LOC of Swelect Energy Systems; Stock dips 1%

   Thu, 30 Dec 2021 00:50:00 GMT

   ICRA Limited has downgraded credit ratings to Swelect Energy Systems Limited with regard to Line of Credit of Rs201.40cr availed from various Banks. The rating on Long Term - Fund-based/ Cash ...

3. Union Budget 2022: Centre unlikely to allocate any fund for bank recapitalisation, claims report

   Thu, 13 Jan 2022 09:44:00 GMT

   The Icra said that this will unlikely happen as more than Rs 3 36 lakh crore has already been spent on the banks in the last six years ...

4. ICRA reaffirms credit rating of IFGL Refractories banking facilities

   Fri, 21 Jan 2022 01:48:00 GMT

   IFGL Refractories Ltd informed exchanges about the re-affirmation of its credit rating by the Rating Committee of Credit Rating Agency ICRA Limited (ICRA). ICRA has confirmed the credit rating ...

5. Budget Watch: Centre expected to lower deficit target for FY23

   Wed, 19 Jan 2022 02:03:00 GMT

   Robust direct and indirect tax collections are expected to give enough headroom to the Centre to lower the fiscal deficit target for FY23. Accordingly, industry watchers have estimated the FY23 fiscal ...

6. SFBs will continue to see elevated credit costs in FY22: ICRA

   Mon, 03 Jan 2022 16:45:00 GMT

   According to ICRA’s estimate, SFBs’ asset quality deteriorated, with reported gross non-performing assets (GNPAs) being 6.4% at the end of September, higher than 5% at the end of March.The ...

7. Aviation sector continues to face challenges as it goes in 2022

   Tue, 04 Jan 2022 07:14:00 GMT

   Almost all key airlines have announced fund-infusion plans either from the parent or through the QIP/IPO route. Most airlines have also undertaken several cost-rationalisation measures to ease ...

8. Rainbow files papers with SEBI for over ?2,000-crore IPO

   Mon, 27 Dec 2021 15:39:00 GMT

   has filed the draft red herring prospectus (DRHP) with SEBI to raise funds through an initial public offering (IPO). The IPO size is expected to be more than ?2000 crore. The IPO comprises fresh ...

9. LIC float to set divestment tempo

   Wed, 12 Jan 2022 13:04:00 GMT

   The ambitious Rs 1.75 lakh crore disinvestment target for the current fiscal is almost certain to be missed, and the target for 2022-23 would depend on the LIC IPO planned for listing in the current ...

10. Centre expected to lower deficit target for FY23

    Wed, 19 Jan 2022 15:56:00 GMT

    Robust direct and indirect tax collections are expected to give enough headroom to the Centre to lower the fiscal deficit target for FY23. Accordingly, industry watchers have estimated the FY23 fiscal ...

11. Centre may lower deficit target for FY23

    Wed, 19 Jan 2022 00:26:00 GMT

    Robust direct and indirect tax collections are expected to give enough headroom to the Centre to lower the fiscal deficit target for FY23. Accordingly, industry watchers have estimated the FY23 fiscal ...

12. Budget Watch: Centre expected to lower deficit target for FY23 (IANS Special)

    Wed, 19 Jan 2022 04:21:00 GMT

    Robust direct and indirect tax collections are expected to give enough headroom to the Centre to lower the fiscal deficit target for FY23. Accordingly, industry watchers have estimated the FY23 fiscal ...

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