Shri Sipan Kumar Garg, CMD & Director (Finance), THDC India Limited congratulated the entire THDCIL team and stated that the credit rating upgrade reflects the Company’s strengthening financial progress and disciplined strategic execution.
India’s economic growth is expected to ease marginally in the September quarter, with rating agency ICRA projecting GDP expansion at 7 per cent for Q2 FY2026, down from 7.8 per cent in Q1, according to its latest assessment.
Icra, in its note, projected the year-on-year (YoY) expansion of the GDP to rise to 6.9 per cent in Q4 FY 2025, from 6.2 per cent in Q3 FY 2025, significantly undershooting the NSO implicit estimate of 7.6 per cent for the quarter.
Ratings agency ICRA Limited has downgraded the debt rating of Ola Electric Mobility Limited's automotive unit due to slower-than-expected sales and a challenging road to profitability.
India’s aviation sector reflects a stable outlook with domestic air passenger traffic recording a double-digit growth of 11.04 per cent in February this year compared to the same month of the previous year, official data showed.
The Indian commercial vehicle (CV) industry is poised for modest growth, with ICRA forecasting a 3-5% year-on-year (YoY) increase in wholesale volumes for Financial Year (FY) 2026.
Indian companies are likely to clock 7-8% revenue growth during the March quarter of the current fiscal year, domestic rating agency ICRA said on Monday. It highlighted that the growth will be led by revival in rural demand and uptick in government spending.
ICRA projected the economy to grow at 6.4 per cent in Q3 from 5.4 per cent in Q2, benefitting from enhanced government spending amid uneven consumption.
It said, this is due to the heavy rains and weak margins offsetting the buoyancy injected by the turnaround in Government capital expenditure and healthy trends in kharif sowing.
Have you ever found yourself struggling to find a decent cabinet hinge? Or heard about a recent spate of cabinet hinge related disasters, turning it into a pressing problem for the public? Well, even if you haven’t, the government is stepping in to help.
