India's growth to pick up in H2 FY25: ICRA
ICRA expects the slowdown in economic growth in Q2 FY25 to be transient
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India’s Q1 GDP growth to dip to 6-quarter low of 6%: ICRA
ICRA's Q1 GDP estimates are significantly lower than the RBI’s forecast of 7.1% real GDP growth in the first quarter of the fiscal year
Domestic air traffic surges 8.6% to 1.31 cr in July
For April 2024 to July 2024, domestic air passenger traffic surged 5.2% to 5.33 cr; international traffic for Indian carriers grew 16.7%YoY to 8.05 cr in Q1
Road execution to grow 5-8% in FY25: ICRA
The pace of execution in this fiscal will be supported by a healthy pipeline of projects, increased capital outlay by the government and focus on projects completion by the Ministry of Highways.
PNB Housing Finance shares rally 14% on rating upgrades; Morgan Stanley pegs 54% upside
Last week, ICRA and CARE upgraded PNB Housing Finance's long-term ratings, citing its improved asset quality metrics as well as strengthened capitalisation profile.
India’s GDP growth seen moderating to 6% in Q3FY24
GVA growth to ease to 6% in Q3 from 7.4% in Q2; ICRA's growth projections lower than RBI’s estimates of 6.5%
Consumption story driving growth for mall operators, warehousing
The agency projects the rental income for mall operators to increase by 9-10% year-on-year (YoY) in FY24 and a slightly lower 8-9% in FY25.
Indian pvt hospitals to add 30,000 beds in 5 years
Growth will be led by demand for elective surgeries, and a higher preference for large hospital players, says ICRA
India's AC cabin mandate to disrupt cowl truck market
Around 50% of long-haul trucks sold in India come without cabins.
Mall operators' rental income up 9-10% in FY24
The optimism is driven by healthy occupancy levels, estimated growth in trading values and rental escalations.
