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Domestic air traffic only 4% shorter than pre-Covid levels in FY23: ICRA

For FY2023, domestic passenger traffic is estimated at around 1360 lakh, a YoY of around 60% over 852 lakh in FY2022, and only short of around 4%, compared to pre-Covid levels

ICRA said that the domestic aviation industry continues to witness recovery. (Reuters file image)
Updated on Apr 12, 2023 02:03 PM IST

Concerns re-emerge on retail loans asset quality due to rising lockdowns: ICRA

The restrictions on movement will have a bearing on collection efforts of NBFCs especially for microfinance loans where cash collections still remain dominant, it said in a report.

Following the second wave of the pandemic, ICRA expects securitisation volumes to again get impacted in Q1 FY22 as NBFCs and HFCs will be more selective in fresh lending.(PTI representative image)
Published on Apr 24, 2021 02:34 PM IST
ANI | , New Delhi

Moody's projects 13.7 pc growth in FY'22, expects 7 pc contraction this fiscal

For current fiscal, the US-based rating agency expects the economy to contract 7 per cent, lower than its previous estimate.

The very large rebound incorporates the view that recovery in activity will continue, with the rollout of vaccines and growing confidence in the market.(Bloomberg)
Published on Feb 25, 2021 01:35 PM IST
PTI | , New Delhi

Exports rise 5.37% in January

Imports expanded 2.05% last month while exports grew 5.37%, leaving a trade deficit of $14.75 billion, according to preliminary data released by the commerce ministry. Non-petroleum and non-jewellery imports grew 5.94%.

Major export items that helped India’s outbound shipments turn the corner include drugs and pharmaceuticals (up 16.4%), engineering goods (18.69%) and iron ore (108.66%).(Bloomberg)
Published on Feb 03, 2021 07:44 AM IST
Livemint | ByAsit Ranjan Mishra, New Delhi
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