icra

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    India’s Capital Expenditure Contracts 23.4% in Q3 FY2025-26; GDP Growth Seen Moderating to 7.2%

    Central Capex Declines Sharply in Third Quarter New Delhi, February 22: India’s capital expenditure recorded a sharp year-on-year contraction of 23.4 per cent in the third quarter of FY2025-26, according to data compiled by ICRA.The slowdown in Central government spending is expected to...
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    India Passenger Vehicle Sales Growth to Moderate to 4–6% in FY27: ICRA

    India’s domestic passenger vehicle market is set to maintain steady momentum, with volumes projected to grow by 4 to 6 percent in FY27, according to a report released on Tuesday. The outlook signals sustained demand, even as the industry navigates a higher base and elevated inventory levels...
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