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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.
LPG under-recoveries may hit Rs 80,000 crore in FY2027 amid West Asia disruptions: ICRA
Indian oil companies face significant financial strain. LPG under-recoveries may reach Rs 80,000 crore by FY2027. Supply disruptions and high global prices impact profitability. Fertiliser costs are rising sharply, requiring increased government subsidy. Chemical and gas sectors also see margin pressures. Elevated costs will affect downstream sectors in FY2027.
Bank credit growth to ease below 12% in FY27, says ICRA
ICRA sees India bank credit growth easing to about 11 to 11.7% in 2026 to 27, citing global risks, with asset quality stable and profitability slightly lower but healthy.
High-level panel may examine bank consolidation, foreign voting caps as India seeks larger lenders: ICRA
In an effort to bolster India's economic growth, a prestigious government committee is preparing to evaluate the country's banking landscape. Among the topics on the agenda are the potential merging of banks and the limitations on foreign investors' voting rights. The intent is to create robust financial institutions that can contribute significantly to expansion.
ICRA upgrades Vodafone Idea’s loan rating to ‘BBB’, outlook raised to positive
ICRA Ltd upgraded Vodafone Idea Ltd’s credit rating to ‘BBB’ from ‘BBB-’ and revised the outlook to ‘positive’ due to regulatory clarity on AGR dues and promoter support.
India hospitality sector revenue to grow 9-12% in 2025-26: Icra Report
The hospitality sector in India is gearing up for a robust surge in revenue, estimated at 9-12% growth by 2025-26. This optimistic forecast stems from a consistent influx of domestic tourists, thriving business conferences, extravagant weddings, and a healthy demand from corporate clients.
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.
Stocks to Watch Today: Infosys, Aurobindo Pharma, Swan Defence, Arvind SmartSpaces, Prostarm Info, CleanMax, ICRA, Dredging Corporation in focus on 08 April
Stocks to Watch, 8 Apr: Stocks like Ashiana Housing, Infosys, GAIL India, Aurobindo Pharma, Biocon, Swan Defence and Heavy Industries, Prostarm Info Systems, Arvind SmartSpaces, Clean Max Enviro Energy Solutions, Aditya Birla Capital, Dredging Corporation of India, Aditya Birla Real Estate, and ICRA will be in focus on April 8.
Nippon India MF buys additional 1.5% stake in ICRA, Goldman Sachs sells over Rs 55 crore worth shares in Cello World
Nippon Life India Trustee through its Nippon India Small Cap Fund already held 6.88 percent stake in ICRA as of March 2026.