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After Covid, PLI set to be next big trigger for pharma cos
Production linked incentive scheme is likely to add approximately 15% to the current market size of the pharma market once fully implemented
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Non-banks’ NPAs may rise to 4.5-5% by March 2022: ICRA
We expect the non-bank reported NPAs to increase to about 4.5-5% by March 2022 vis a vis about 4% in December 2020, ICRA said
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Electric 2-wheelers to account for 8-10% of new sales by 2025: ICRA
Globally, EVs now account for 4.4 per cent of new car sales during CY2020 and their share is likely to cross 5 per cent level this calendar year, as p
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Icra pegs Q4 GDP growth at 2%; projects 7.3% contraction in FY21
Its chief economist Aditi Nayar expects the annualised GDP growth at 2% in the March quarter, up from 0.4% in the December quarter
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MFIs to witness asset quality pressures in near term: ICRA
However, good on-balance sheet liquidity and sizeable provisions created by most MFIs in FY2021 will provide a cushion to them for absorbing further s
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Covid-19 rising cases, localised restrictions to dampen pace of economic recovery: ICRA
Six sectors — aviation; hotels, restaurants and tourism, cinema exhibitors, MFIs, real estate and retail — will be at high risk from the second pa
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Second wave to impact fashion retailers, revenue to hit pre-covid levels only in FY23: Report
As per the domestic rating agency ICRA, it is expected to delay the recovery back to pre-covid levels till FY23.
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Spike in COVID cases, fresh curbs to delay recovery in air passenger traffic: Report
The domestic traffic, which slipped to a 10-years low the last fiscal owing to the pandemic, may de-grow by 15-17% in April over March 2021, ICRA said
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Fresh restrictions imposed in Maharashtra may impact festive season auto sales: ICRA
Lockdown restrictions will impact vehicle sales and thereby the financial performance of auto dealers, who have struggled during the past one year, IC
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Domestic air passenger traffic slips to 10-year low in pandemic-hit FY21
India's domestic passenger traffic slipped to a 10-year low at an estimated 53.4 million in the just-concluded financial year
