ICRA

ICRA ups Q2 GDP growth estimate to 7.9 per cent

Economic activity in Q2 FY22 was supported by a pick-up in industrial and service sector volumes after the second wave of Covid-19 subsided and rising vaccine coverage revived confidence.

published on : 18th November 2021

Domestic air traffic rises 67 per cent to 8.8 million in October: Data

According to data released by the Ministry of Civil Aviation (MoCA), this number is now inching towards the pre-Covid level of 4 lakh.

published on : 10th November 2021

Domestic air passenger traffic rises 67 per cent to around 88 lakh in October: ICRA

The growth in domestic passenger traffic, on a sequential basis, was nearly 24-25 per cent higher compared to 71 lakh, as per ICRA.

published on : 9th November 2021

Bihar handlooms attracts visitors at international fair in Delhi

Upendra Maharathi Shilp Anusandhan Sansthan put up exhibition of Bihar’s traditional arts and cultural artefacts at the fair which concluded on Sunday.

published on : 1st November 2021

ICRA revises energy demand growth outlook for FY22 upwards to 8.5 per cent: ICRA

The all-India electricity demand during the period from April 2021 to September 2021 has increased by 12.

published on : 4th October 2021

Jharkhand woman wins Modi's attention, to interact with PM in 'Maan ki Baat' 

Mira Devi, who was like any other woman in her village, has now become a master trainer in bamboo handicraft and training several others in the art-making them self-reliant

published on : 25th September 2021

Andhra Pradesh: Lepakshi handicrafts may soon get brand ambassador 

Minister for Industries, Handlooms and Textiles Mekapati Goutham Reddy on Wednesday hinted that a brand ambassador may be appointed for promotion of Lepakshi handicrafts and APCO clothes.

published on : 16th September 2021

Two National Highway passing through Odisha to be developed as landing strips for military aircrafts

Once developed, the strips will not solely be used for emergency landings. Once they are used for landing of aircraft, the service road will be used for smooth flow of road traffic.

published on : 10th September 2021

Air traffic grows by 31 per cent; likely to be higher in September

For August 2021, the average daily departures were at 1,900, significantly higher than the average daily departures of 900 in August 2020, and higher than 1,500 in July 2021.

published on : 7th September 2021

Domestic air passenger traffic up by 31 per cent at 66 lakh in August: ICRA

The ratings agency said that despite the continued recovery in the previous month, there is continued stress on demand, driven largely by the second wave of the pandemic, limiting travel to only neces

published on : 6th September 2021

VIL's balancesheet woes may impact financial lenders, others; govt support critical: ICRA

The support can be by way of deferment of spectrum dues, cut in levies, reduction in interest rates, and a combination of relief measures could aid financial profile and the structure of the industry.

published on : 6th September 2021

Housing sales in June quarter jump y-o-y over 2-folds in eight cities: ICRA

There was a fall in demand by 19% from the previous quarter due to the second wave, according to the rating agency.

published on : 2nd September 2021

ICRA: Airlines to see loss of Rs 25,000-26,000 crore in FY22

The government in response to a question in the parliament last month had said, airlines in India (excluding SpiceJet) suffered cumulative losses of Rs 15,086.3 crore in FY21.

published on : 1st September 2021

Indian aviation industry may incur losses worth Rs 26,000 crore in FY 2022: Report

According to ICRA, in the near term, the balance sheets of Indian carriers will remain stressed until they are able to reduce their debt burden.

published on : 31st August 2021

Bamboo craft to undergo makeover in Odisha

Traditional bamboo artisans in Odisha are currently involved in weaving mats or preparing baskets from bamboo which mostly caters to the rural market. 

published on : 31st August 2021
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