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ICRA reaffirms ratings of Rajratan Global Wire at 'A+' with 'stable' outlook
Rajratan Global Wire said that the credit rating agency ICRA has reaffirmed the company's long-term rating at '[ICRA] A+' with 'stable' outlook.
India's power demand to rise by 5 to 5.5 percent in FY27: ICRA
India's power demand is set for a significant rise of 5.0-5.5 percent in 2026-27. This growth will be fueled by industrial, commercial, agricultural, and household sectors. Emerging sources like electric vehicles and data centers will also contribute. Thermal plant utilization will stay steady. Distribution companies face challenges with high debt and muted tariff hikes, impacting their profitability.
ICRA believes RBI's new risk-based deposit insurance framework may boost bank profitability
RBI’s new risk-based premium will lower deposit insurance costs for stronger banks, boosting profits. Implementation starts April 2026.