Icra

ICRAF to extend greenery outside forest in seven states

Plan to create marketing of trees planted by farmers for revenue

published on : 19th November 2022

Indian traditional, tribal handicrafts earn USD 120.06 million in foreign markets  

With the constant rise in demand of traditional and tribal handicraft products, India has become one of the largest handicraft exporting countries.

published on : 30th October 2022

Odisha’s handloom and handicraft fail to shine in markets overseas

In the two preceding financial years, Odisha handloom fetched the lowest exports of Rs 0.09 crore each.

published on : 10th October 2022

ICRA revises outlook on Indian airport infrastructure to Stable from Negative 

The outlook revision to Stable from Negative reflects ICRA's expectation that passenger traffic is expected to surpass pre-COVID levels in the ensuing 12-month period (Sep-22 to Aug-23), he said.

published on : 29th September 2022

Elevated ATF prices, rupee depreciation likely to pose threat to domestic carriers' recovery: Report 

In India, ATF accounts for around 45 per cent of the operational cost of an airline.  Besides, as much as 35-50 per cent of the airlines' operating expenses are US dollar driven, as per ICRA.

published on : 17th August 2022

Schemes galore for skilled weavers of Odisha: Piyush Goyal

The minister was answering to a question by Kendrapara MP Anubhav Mohanty on whether the quality and capacity of artisans is getting affected due to design intervention and updated tech.

published on : 28th July 2022

Deputy CM Manish Sisodia awards artisans for promoting folk art, culture

The awards were given for the year 2018 and 2019 for folk paintings, beads craft, sculpture, terracotta, pottery, embroidery among others, it said.

published on : 22nd July 2022

Odisha handicrafts department to set up four facilitation centres for bamboo artisans

The centres will come up at bamboo clusters in Deogarh (Bamparada), Sambalpur (Sambalpur town), Boudh (Sindurapur in Kantamal block) and Koraput (Boipariguda block).

published on : 9th July 2022

Road-based logistics sector may see 7-9% rise in revenue this fiscal: Report 

However, operators' debt coverage metrics are expected to marginally weaken in FY23 from FY22 levels.

published on : 7th July 2022

Trade deficit hits fresh high in June on coal, gold, oil imports

The trade deficit majorly burgeoned on account of high coal imports, which witnessed a growth of 242%, followed by gold and petroleum at 169% and 94.2%, respectively.

published on : 5th July 2022

5G auction to increase telcos’ debt: Analysts

ICRA predicts participation in the auction to be about Rs 1.0-1.1L cr, in which upfront payment is likely to be Rs 10K cr

published on : 16th June 2022

Indian data centres may get up to Rs 1.2 lakh crore investment in 5 years: ICRA 

Indian corporates like the Hiranandani Group, Adani Group, and foreign investors which include Amazon, EdgeConnex, Microsoft, CapitaLand, Mantra Group have started investing in Indian data centres.

published on : 24th May 2022

Economic growth may have slowed to 3.5 per cent in Q4 FY22: Report

Even the gross value added (GVA) at basic prices (at constant 2011-12 prices) in Q4 FY2022 seems to have eased to 2.7 per cent from 4.7 per cent in Q3 FY2022, it said.

published on : 23rd May 2022

Economy likely to grow 12-13 per cent in Q1: Icra

Biggest upside risks to inflation and growth come from the runaway fuel prices and impact of the war. If the war does not de-escalate in the near term, the impact will be much farther than anticipated

published on : 17th May 2022

Domestic air passenger traffic logs estimated 83 per cent growth in April: ICRA

It also said that rising ATF prices due to ongoing geo-political issues linked to the Russia-Ukraine conflict continue to evolve as a major threat to the recovery process.

published on : 9th May 2022

‘Government should cut excise to pre-Covid level’

Centre collects Rs 27.9 as excise duty on every litre of petrol and Rs 21.80 on diesel, which is still higher than the pre-pandemic levels.

published on : 28th April 2022

ICRA revises outlook for residential real estate to stable for FY23 

Mathew Kurian, Vice President, ICRA, said: "The sharp recovery in demand in the aftermath of Covid has improved pricing flexibility, particularly in completed projects."

published on : 22nd April 2022

Daily air traffic hits 4-lakh mark for first time in 2 years

The Indian aviation industry on Sunday crossed the mark of 4-lakh domestic air passengers a day for the first time since the onset of the Covid-19 pandemic.

published on : 19th April 2022

Liberation through handicrafts

Shunned by in-laws, Madhumita started a journey which has seen her start her own establishment which provides livelihood to 180 tribal women, reports Mukesh Kumar

published on : 17th April 2022

Domestic air passenger traffic up 59 per cent in FY22, 40 per cent lower than pre-pandemic level: ICRA

Airlines' capacity deployment for March 2022 registered a growth of 12 per cent at 80,217 departures as compared to over 71,548 departures clocked in the same month of last year.

published on : 11th April 2022
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