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Monday, March 30, 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

How West Asia crisis can play out for PM Modi and BJP in Assembly polls

While the Russia-Ukraine war saw the BJP projecting PM Modi as a ‘vishwaguru’ who could end international conflicts, the party has made a nuanced shift in its electoral strategy vis-à-vis the West Asia war.

Foreign investors dump record $12 bn India stocks in March on war

Soaring energy costs have hurt oil-importing Asian peers, but the scale of outflows from India points to already bearish global sentiment.

India developing lethal autonomous weapon systems, database of citizens’ crime risk—House Panel report

Report on impact of AI emergence—drawing upon depositions from several ministries—confirms that the developments come in the absence of AI laws or considerations over them.

Gulf war exposed India’s fragilities. It’s time for navel-gazing, in the national interest

It’s easy to understand why the government can’t speak the hard truth. When this war ends, as all wars do, India’s interests will lie with both the winner and the loser.