ICRA upgraded Adani Total Gas Ltd's rating to "AA" from "AA-" with a stable outlook, citing improved financials, robust sales growth, and expanding operations.

Karnataka leads the pack with a remarkable 26 per cent growth rate in GST collections, closely followed by Maharashtra with a 22 per cent rise. Even Uttar Pradesh, the country’s largest state, has posted a significant 19 per cent jump, matching the performance of Tamil Nadu.

Aditi Nayar, Chief Economist at ICRA, projected a dip in headline CPI inflation to below 5% in March, primarily attributed to reductions in fuel and light prices. However, she cautioned that food inflation is likely to remain elevated above 7%.