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Tuesday, March 10, 2026
TopicICRA

Topic: ICRA

India’s aviation paradox: Packed flights, yet next 2 years likely to see return to losses

ICRA highlights 4 major factors affecting Indian airlines—high aviation turbine fuel prices, rupee depreciation, intense competition & supply chain disruptions.

Airbag industry to more than double in worth to Rs 6,000-7,000 crore by FY27, says ICRA

New rules to kick in from October 2023, mandate six airbags per car, but increasing domestic manufacturing capacity is crucial if this target is to be met, said the ratings agency.

Moody’s Investors India puts CEO on leave as it probes whistle blower complaint

ICRA said Moody's Investors, the rating company, was probing certain matters related to a debt score it assigned to a client and its subsidiaries.

Moody’s India unit probing top executives for influencing AAA rating for IL&FS

ICRA Ltd. is probing matters related to a debt rating assigned to a client and its subsidiaries. Credit raters like ICRA are under fire for missing warning signs like the financier’s surging debt load.

Copper supply shock hits India as Sterlite plant is ordered to shut down

Copper is used in electronic vehicles, making pipes and wires, the order to shut the smelter will cut India's production about half, increasing its dependence on import.  

On Camera

President Murmu should have followed precedent instead of going public about Mamata Banerjee

We must condemn any disrespect toward our President, but the incident involving Droupadi Murmu and Mamata Banerjee raises many questions, some of them uncomfortable.

Russian crude never left India’s import mix. It made up 1/3rd of oil imports from 2024 to 2026

After dominating India’s crude imports since 2023, Russian supplies slowed amid US sanctions, but a 30-day ‘waiver’ amid West Asia tensions could now push flows back towards 2 mbpd.

India and Indonesia finalise BrahMos deal, contract to be signed early next fiscal

One battery of the BrahMos missile is to be procured in the initial phase. The plan is to scale up the procurement in phases.

Trump brings the Age of Humiliation for friends. Modi needs stoicism abroad, humility at home

Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back.