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Fitch Raises India's Growth Forecast To 6.9% From 6.5% This Fiscal
Fitch Ratings has raised its forecast for India's economic growth for the current fiscal year to 6.9% from 6.5% earlier, citing stronger-than-expected momentum in the June quarter driven by robust services activity and resilient consumption.
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Trump's 50% Tariffs Unlikely To Significantly Impact India's Growth: Analysts
As the deadline for US secondary tariffs of 25 per cent falls this week over Russian oil purchase, analysts say that a total of 50 per cent tariff is unlikely to significantly impact India's growth due to a robust domestic demand.
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NDTV Explains: India And The US' Awkward 'AAA' Ratings Cut, Debt Story
Moody's has joined Fitch and S&P in cutting the US' credit rating, dropping the world's largest economy from a perfect 'AAA' to one notch below. Why? Because of a ballooning federal deficit and debt-to-GDP ratio that threatens an almost unthinkable d
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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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Fitch Ratings Raises India's Growth Forecast For Current Fiscal To 7.2%
Fitch Ratings on Tuesday raised India's growth forecast for current fiscal to 7.2 per cent, from 7 per cent projected in March, citing a recovery in consumer spending and increased investment.
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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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Indian Economy To Contract 5% In 2020-21, Says Fitch Ratings
Fitch Ratings on Tuesday forecast the Indian economy to contract 5 per cent in the current fiscal on account of slump in economic activities following a "very severe" lockdown that has lasted much longer than expected.
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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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Tariff Hike, Relief on Spectrum Fee Payment Won’t Offset Impact of Supreme Court Ruling: Fitch Ratings
Fitch has a negative outlook on the telecom sector for 2020 primarily due to heightened financial risk associated with the large unpaid AGR-related dues.
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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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Bad Assets, High Credit Costs To Hit State Banks' Performance, Says Fitch
Recapitalisation is "short of enabling the banks to meet higher regulatory capital burdens under Basel III in the face of persistent weak earnings," said the ratings agency.
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RCom Shares Fall Over 2% As Fitch Withdraws Ratings
Shares of Reliance Communications (RCom) on Wednesday fell more than two per cent in morning trade on bourses
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Fitch Raises India's Growth Forecast To 6.9% From 6.5% This Fiscal
Fitch Ratings has raised its forecast for India's economic growth for the current fiscal year to 6.9% from 6.5% earlier, citing stronger-than-expected momentum in the June quarter driven by robust services activity and resilient consumption.
-
Trump's 50% Tariffs Unlikely To Significantly Impact India's Growth: Analysts
As the deadline for US secondary tariffs of 25 per cent falls this week over Russian oil purchase, analysts say that a total of 50 per cent tariff is unlikely to significantly impact India's growth due to a robust domestic demand.
-
NDTV Explains: India And The US' Awkward 'AAA' Ratings Cut, Debt Story
Moody's has joined Fitch and S&P in cutting the US' credit rating, dropping the world's largest economy from a perfect 'AAA' to one notch below. Why? Because of a ballooning federal deficit and debt-to-GDP ratio that threatens an almost unthinkable d
-
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.
-
Fitch Ratings Raises India's Growth Forecast For Current Fiscal To 7.2%
Fitch Ratings on Tuesday raised India's growth forecast for current fiscal to 7.2 per cent, from 7 per cent projected in March, citing a recovery in consumer spending and increased investment.
-
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.
-
Indian Economy To Contract 5% In 2020-21, Says Fitch Ratings
Fitch Ratings on Tuesday forecast the Indian economy to contract 5 per cent in the current fiscal on account of slump in economic activities following a "very severe" lockdown that has lasted much longer than expected.
-
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.
-
Tariff Hike, Relief on Spectrum Fee Payment Won’t Offset Impact of Supreme Court Ruling: Fitch Ratings
Fitch has a negative outlook on the telecom sector for 2020 primarily due to heightened financial risk associated with the large unpaid AGR-related dues.
-
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).
-
Bad Assets, High Credit Costs To Hit State Banks' Performance, Says Fitch
Recapitalisation is "short of enabling the banks to meet higher regulatory capital burdens under Basel III in the face of persistent weak earnings," said the ratings agency.
-
RCom Shares Fall Over 2% As Fitch Withdraws Ratings
Shares of Reliance Communications (RCom) on Wednesday fell more than two per cent in morning trade on bourses
