Fitch Ratings
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Fitch Raises India's GDP Growth Projections To 6.9% For This Fiscal Year
According to Fitch, India's economic momentum is likely to moderate over the remaining fiscal year.
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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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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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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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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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Government Calls Upon Fitch For Rating Upgrade
The government has assured Fitch that it will bring down the fiscal deficit to 3% of gross domestic product by 2020-21, said a finance ministry official.
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Easing Foreign Investment Norms will Support Investment, GDP Growth: Fitch
Liberalisation of foreign direct investment (FDI) rules in 15 sectors is a significant structural macroeconomic reform that will support investment and real GDP growth over the long term, Fitch Ratings said today.
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Pricing power returns to Indian telecom companies as tariffs rise: Report
Since the beginning of 2013, some Indian telcos have raised tariffs by at least 30 percent either by increasing the headline tariffs or reducing free minutes.
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After its trifurcation, Delhi's civic body loses the 'AA' rating
International agency Fitch Ratings today withdrew its 'AA' rating awarded to Municipal Corporation of Delhi (MCD) following the civic body's trifurcation.In a statement, Fitch Ratings said it has withdrawn MCD's National Long-Term rating of 'Fitch AA-(Ind)/Stable.
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Fitch Raises India's GDP Growth Projections To 6.9% For This Fiscal Year
According to Fitch, India's economic momentum is likely to moderate over the remaining fiscal year.
-
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.
-
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.
-
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".
-
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.
-
Government Calls Upon Fitch For Rating Upgrade
The government has assured Fitch that it will bring down the fiscal deficit to 3% of gross domestic product by 2020-21, said a finance ministry official.
-
Easing Foreign Investment Norms will Support Investment, GDP Growth: Fitch
Liberalisation of foreign direct investment (FDI) rules in 15 sectors is a significant structural macroeconomic reform that will support investment and real GDP growth over the long term, Fitch Ratings said today.
-
Pricing power returns to Indian telecom companies as tariffs rise: Report
Since the beginning of 2013, some Indian telcos have raised tariffs by at least 30 percent either by increasing the headline tariffs or reducing free minutes.
-
After its trifurcation, Delhi's civic body loses the 'AA' rating
International agency Fitch Ratings today withdrew its 'AA' rating awarded to Municipal Corporation of Delhi (MCD) following the civic body's trifurcation.In a statement, Fitch Ratings said it has withdrawn MCD's National Long-Term rating of 'Fitch AA-(Ind)/Stable.
