ICRA

The rising prices of coking coal, a key input for steel manufacturing, may limit the margin recovery of steelmakers who have given a guidance for better margins in the latter half of this financial year after a tough first two quarters.…

The current fiscal year is set to be a watershed for India's electric vehicle industry. If the past five months are an indicator, EV sales will cross a million units in FY23, up 84% over last year. Leading the race are electric…

Freight loading by the Indian Railways increased 7.86% year-on-year to 119.32 million tonnes in August, in line with the other high-frequency indicators, indicating a steady economic recovery. Freight loading in August 2021 stood at…

on Friday said it expects steel prices to remain under pressure in the country over the near future as the prices in the domestic market cannot be cushioned from the global trends. The rating agency also expects the steel demand in the…

NEW DELHI: Goods and services tax (GST) collections retained their momentum, rising 28% year-on-year to around Rs 1,43,612 crore in August, the sixth straight month of over Rs 1.4 lakh crore mop-up. The move is seen to be the result of…

The government will take a final call on extending the Covid relief free food grain scheme by the end of the month after reviewing the buffer stock position and Kharif sowing, a top official told ET. The Pradhan Mantri Garib Kalyan Anna…

India's central bank is unlikely to give "shadow banks" exemptions from stricter bad-loan rules coming into force, sources told Reuters, essentially ending an advantage the non-bank financial firms have had over standard banks.…

India is likely to post double-digit economic growth for the April to June quarter, banking on favorable base effect and consumption boost following easing of Covid-led restrictions. India's gross domestic product output is expected to…

Nifty futures on the Singapore Exchange traded 61 points, or 0.35 per cent higher at 17,441.5, signaling that Dalal Street was headed for a positive start on Tuesday. Here are a dozen stocks which may buzz the most in today's trade:…

States' borrowing cost fell for the second consecutive week on Monday, with the weighted average cut-off easing by 4 bps to 7.67 per cent from 7.71 per cent in the last auction when it slid by 7 bps. The yield on the benchmark 10-year…