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Fitch Downgrades China's Rating To 'A', Outlook Stable
Global ratings agency Fitch downgraded China's long-term foreign-currency issuer default rating from 'A+' to 'A' on Thursday, noting weakening finances and debt concerns.
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Fitch Removes Adani Energy From Rating Watch, First Upgrade Since US Row
Fitch Ratings has removed energy infrastructure company Adani Energy Solutions Ltd (AESL) from its 'Ratings Watch Negative' list, the first upgrade by an international ratings agency since the US row.
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India To See Higher Consumer Spending With Ease In Inflation: Rating Agency Fitch
Putting an end to the debate on India's growth based on the government's capex push, global rating agency Fitch Ratings said that consumer spending will increase with elevated consumer confidence, a sign of enhanced income for people.
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Rating Agency Fitch Raises India's GDP Growth Forecast For 2024-25 To 7.2%
Global rating agency Fitch today raised India's GDP growth forecast for FY25 to 7.2 per cent, from 7 per cent.
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Ratings Agency Fitch Downgrades China Credit Outlook Over Debt Fears
Ratings agency Fitch said Wednesday it had downgraded China's sovereign credit outlook to negative, citing increased risks to the country's public finances, in a move Beijing swiftly called "regrettable".
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US Debt: What Does The Loss Of Triple A Rating Mean
Fitch has downgraded its credit rating for the United States, becoming the second of the top-three ratings agencies to strip the country of a top AAA rating. The impact upon the world's top economy is likely to be just symbolic, at least immediately.
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Fitch Downgrades US Credit Rating, White House Says "Defies Reality"
Fitch downgraded the United States' top-notch credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs.
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Fitch Downgrades Pakistan's Rating, Warns Default A 'Real Possibility'
The beleaguered Pakistani economy faces substantial credit risks with "critically low levels" of foreign exchange reserves, New York-based global ratings agency Fitch said on Tuesday.
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Turkey, Syria Earthquake Could Cost $4 Billion: Report
The earthquake that has devastated Turkey and Syria could cause economic losses exceeding $4 billion, ratings agency Fitch said on Thursday.
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Bitcoin Legalisation, Crypto Uncertainty Drag Down El Salvador's Fitch Ratings
El Salvador has risked scoring funds from the IMF programme that would unlock financing for 2022-23, causing its ratings on Fitch to drop to “junk grade”. In its report, Fitch Ratings said that adopting Bitcoin as a legal tender was not surely an economically viable decision for the country.
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Global Car Sales To Decline By 3.1 Million Units In 2019: Study
A study done by the Economics team of Fitch ratings has said that the global car sales is likely to decline by 3.1 million units in 2019. This, according to the study is a larger decline than in 2008.
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Reliance Jio May Have Largest Subscriber Base by End of Next Financial Year: India Ratings and Research
A presentation from the ratings agency showed that Jio would add one crore customers per month in the second half FY 2018-19 and 70 lakh per month in FY 2019-20.
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PNB's Viability Rating Down, Says Credit Rating Agency
Fitch Ratings has downgraded the viability rating (VR) of state-owned Punjab National Bank (PNB) to 'b' from 'bb-' and maintained it on rating "watch negative" (RWN).
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Fitch Cuts India's GDP Growth Outlook For Current Fiscal Year To 6.7%
The US-based ratings agency said growth has "repeatedly disappointed" in recent quarters.
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Fitch Lowers India's Growth Forecast To 6.9% From 7.4% For FY18
The credit rating agency expects economic activity to accelerate in second half of fiscal year.
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Fitch Downgrades China's Rating To 'A', Outlook Stable
Global ratings agency Fitch downgraded China's long-term foreign-currency issuer default rating from 'A+' to 'A' on Thursday, noting weakening finances and debt concerns.
-
Fitch Removes Adani Energy From Rating Watch, First Upgrade Since US Row
Fitch Ratings has removed energy infrastructure company Adani Energy Solutions Ltd (AESL) from its 'Ratings Watch Negative' list, the first upgrade by an international ratings agency since the US row.
-
India To See Higher Consumer Spending With Ease In Inflation: Rating Agency Fitch
Putting an end to the debate on India's growth based on the government's capex push, global rating agency Fitch Ratings said that consumer spending will increase with elevated consumer confidence, a sign of enhanced income for people.
-
Rating Agency Fitch Raises India's GDP Growth Forecast For 2024-25 To 7.2%
Global rating agency Fitch today raised India's GDP growth forecast for FY25 to 7.2 per cent, from 7 per cent.
-
Ratings Agency Fitch Downgrades China Credit Outlook Over Debt Fears
Ratings agency Fitch said Wednesday it had downgraded China's sovereign credit outlook to negative, citing increased risks to the country's public finances, in a move Beijing swiftly called "regrettable".
-
US Debt: What Does The Loss Of Triple A Rating Mean
Fitch has downgraded its credit rating for the United States, becoming the second of the top-three ratings agencies to strip the country of a top AAA rating. The impact upon the world's top economy is likely to be just symbolic, at least immediately.
-
Fitch Downgrades US Credit Rating, White House Says "Defies Reality"
Fitch downgraded the United States' top-notch credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs.
-
Fitch Downgrades Pakistan's Rating, Warns Default A 'Real Possibility'
The beleaguered Pakistani economy faces substantial credit risks with "critically low levels" of foreign exchange reserves, New York-based global ratings agency Fitch said on Tuesday.
-
Turkey, Syria Earthquake Could Cost $4 Billion: Report
The earthquake that has devastated Turkey and Syria could cause economic losses exceeding $4 billion, ratings agency Fitch said on Thursday.
-
Bitcoin Legalisation, Crypto Uncertainty Drag Down El Salvador's Fitch Ratings
El Salvador has risked scoring funds from the IMF programme that would unlock financing for 2022-23, causing its ratings on Fitch to drop to “junk grade”. In its report, Fitch Ratings said that adopting Bitcoin as a legal tender was not surely an economically viable decision for the country.
-
Global Car Sales To Decline By 3.1 Million Units In 2019: Study
A study done by the Economics team of Fitch ratings has said that the global car sales is likely to decline by 3.1 million units in 2019. This, according to the study is a larger decline than in 2008.
-
Reliance Jio May Have Largest Subscriber Base by End of Next Financial Year: India Ratings and Research
A presentation from the ratings agency showed that Jio would add one crore customers per month in the second half FY 2018-19 and 70 lakh per month in FY 2019-20.
-
PNB's Viability Rating Down, Says Credit Rating Agency
Fitch Ratings has downgraded the viability rating (VR) of state-owned Punjab National Bank (PNB) to 'b' from 'bb-' and maintained it on rating "watch negative" (RWN).
-
Fitch Cuts India's GDP Growth Outlook For Current Fiscal Year To 6.7%
The US-based ratings agency said growth has "repeatedly disappointed" in recent quarters.
-
Fitch Lowers India's Growth Forecast To 6.9% From 7.4% For FY18
The credit rating agency expects economic activity to accelerate in second half of fiscal year.
