Domestic rating agency ICRA on Monday said India Inc’s operating profit margin declined 2.37% year-on-year to…
Tag: ICRA Rating
Higher ATF prices, rupee depreciation may threaten recovery of domestic carriers: Report
“In India, ATF is around 45% of the operating cost of an airline. In addition, 35-50%…
Bank deposit rates to rise sharply soon: Report
According to an analysis by ICRA Ratings, indicating the rising deposit rate regime, certificates of deposit,…
Fiscal deficit estimated at 10.4% in 2021-22 if disinvestment target is missed: ICRA
Rating agency ICRA has said that the fiscal deficit may increase in 2021-22 due to the…
Domestic air passenger traffic remained low in April-December 2021: ICRA
Rating agency ICRA has said that domestic passenger air traffic remained low in April-December 2021 Mumbai:…
Domestic two-wheeler volumes to decline 1-4% this fiscal: ICRA
Further, the ICRA said that the poor performance of the festive season has highlighted the continuing…