ICRA highlights shifting growth drivers as industry outpaces services first time in four quarters
NEW DELHI: India’s growth drivers are set to shift in second quarter (Q2) of FY2026, with industry expected to outpace services for the first time in four quarters, even as overall GDP expansion moderates,
US tariffs hit Indian solar exports, trigger supply glut in domestic market: ICRA
NEW DELHI: Tariffs by the United States on solar imports have dealt a heavy blow to Indian solar module exporters, forcing manufacturers to redirect volumes back into the domestic market, according to a report
FICCI expresses disappointment over tariffs on India announced by Trump, experts say decision would have varied impact on different sectors
NEW DELHI : Industry association FICCI on Wednesday expressed disappointment over US President Donald Trump‘s decision to impose a 25 per cent tariff on Indian goods and said the move is unfortunate and will
Road logistics sector of India set to grow 10–12% in FY2025: ICRA
NEW DELHI : The Indian road logistics sector is expected to post a robust revenue growth of 10–12 per cent year-on-year in fiscal 2025 (FY2025), according to the latest outlook from ICRA. Although the
CAD of India moderates marginally to 1.2% of GDP in Q2FY25
NEW DELHI : India’s current account deficit (CAD) moderated marginally to 1.2 per cent of GDP in the second quarter (Q2: July-September) of FY25 against 1.3 per cent in the year-ago period. The moderation is due to an
Services exports pip goods for first time in 2024, merchandise deficit at record high
NEW DELHI : India’s services trade exports in November surpassed the goods exports for the first time this year as IT Exports continued to register strong growth amid weak goods demand from the West
Revenue of Indian apparel exporters may grow 9-11% in FY25 : ICRA
NEW DELHI : Indian apparel exporters will witness a revenue growth of 9-11% in FY25, driven by a gradual liquidation of retail inventory in key markets and a shift towards sourcing from India as
India’s GDP growth to fall to six-quarter low of 6% in Q1 FY2025: ICRA
NEW DELHI : India’s Economic Growth in the first quarter of the current fiscal (Q1 FY25) is expected to slide on a year-on-year (YoY) basis. Rating firm ICRA has projected the YoY expansion of