New Delhi, March 13 (IANS) The outlook for India’s sugar sector remains stable with comfortable domestic demand–supply dynamics even as global sugar prices have declined sharply due to surplus supply from Brazil, a report said on Friday.According to ICRA, international sugar prices in the 2026 sugar year have remained below current production costs and domestic price levels, largely due to higher global output.Global sugar production for SY2025–26 is estimated at about 189.3 million metric…
Latest FY2026 News & Updates
New Delhi, Dec 30 (IANS) India’s economic growth is expected to pick up pace in the current financial year, with GDP projected to grow at 7.4 per cent in FY2026, a new report said on Tuesday.This would mark an improvement from the estimated 6.5 per cent growth in FY2025, according to a report by ICRA Limited.The report said economic expansion may remain strong in the first half of FY2026, with GDP growth expected to be around 8 per cent.However, growth is likely to ease to below 7 per cent in …
New Delhi, Dec 29 (IANS) The business outlook for the Indian hospital industry remains positive, with its revenue expected to grow 18-20 per cent in FY2027, a report said on Monday.According to the report by credit rating agency ICRA, the sector’s growth, based on a sample set of 11 leading listed hospital companies, is supported by sustained high occupancy and healthy average revenue per occupied bed (ARPOB).In FY2026, the Indian hospital sector grew 16-18 per cent, reflecting expectations of…
New Delhi, Dec 26 (IANS) Rating agency ICRA on Friday raised its growth forecast for India’s tractor industry, citing strong demand, supportive policies and favourable farm conditions. The agency now expects tractor wholesale volumes to grow by 15–17 per cent in the financial year 2025–26 (FY2026), sharply higher than its earlier estimate of 8–10 per cent.This also marks a clear improvement from the 7 per cent growth recorded in FY2025, it said.The upward revision comes after a strong pe…