Latest News on Icra
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Icra - Total results - 73
Nov 15, 2017
GST rates slashed: Eating out in hotels, restaurants to become cheaper from todayA uniform 5 percent tax was prescribed by the GST council for all restaurants, both air-conditioned and non-AC.
Nov 13, 2017
ICRA says 5% GST on non-5 star restaurants is positive, will bring down dining-out costCurrently, 12 percent GST on food bill is levied in non-AC restaurants and 18 percent in air-conditioned ones
Oct 24, 2017
Real estate to continue to face headwinds in near term on subdued consumer sentiment, says ICRAPurchase decision by buyers were deferred because of implementation of GST and RERA
Oct 20, 2017
Led by CPs, credit offtake clips 14.6pc to Rs 80.09 tln in SepIndustrial credit rose to Rs 75.45 trillion during the reporting month, up from Rs 66.4 trillion a year ago and Rs 59.36 trillion in September 2016.
Sep 26, 2017
Daily price change: Petrol, diesel rates up 8% since mid-June, could hit demand, stoke inflation, says IcraThe govt had allowed the oil marketing companies to follow dynamic pricing of petrol, diesel across the country from 16 June, 2017.
Sep 05, 2017
Higher tax mop-up has 12 states in Rs 4,000 cr fiscal surplus in Apr-Jun quarter, says IcraThese 12 states showed an unaudited revenue surplus of Rs 43,430 crore in Q1 as against a combined revenue deficit of Rs 11,890 crore as budgeted for the year
Jul 21, 2017
National telecom policy: DoT to meet operators, associations today; focus on security, IoTThe DoT plans to go for a wide consultation and outreach before finalising the new policy, and expects to have it in place by March 2018.
Jun 08, 2017
IDBI Bank sets up dept to manage bad loans, after being put "under watch" by RBIIDBI Bank's annual loss for 2016-17 widened to Rs 5,158 crore, as against Rs 3,665 crore in the previous fiscal.
Jun 08, 2017
Favourable monsoon may give boost to CV loans, recovery in microfinance: Moody's & ICRAMoody's expects the performance of commercial vehicle loans in Indian auto ABS transactions to continue to recover following a deterioration post-demonetisation
Jun 05, 2017
At 3% GST rate, gold jewellery demand to be unaffected, says IcraUnder the present tax regime, jewellery retailers are levied a VAT of 1 percent in most states (except in Kerala, where 5 percent VAT is levied) on sales and an excise duty of 1 percent is levied on the input side