Fitch

Rupee drops, but confidence on RBI largely caps losses

The rupee is now in the “radar zone” that has previously prompted RBI to come in and we reckon RBI…

Updated: August 3, 2023 11:10 IST

Fitch affirms India rating, stable outlook

India will be one of the fastest-growing Fitch-rated sovereigns globally with 6% expansion in real GDP in the fiscal year…

May 9, 2023 03:35 IST

Reliance Industries’ diversification, domination strategy to pay off well; expansion manageable, says S&P

S&P said RIL’s adjusted debt will likely remain at Rs 2.6 lakh crore to Rs 2.7 lakh crore over the…

Updated: April 26, 2023 14:16 IST

Banks’ improving financial performance supports intrinsic creditworthiness: Fitch

The pace of asset quality and profitability improvement has exceeded expectations, while capital buffers are broadly in line with the…

Updated: February 21, 2023 14:46 IST

rupee vs dollar, fitch ratings, global commodity prices, current account deficit,

Limited risk to India rating from external pressures: Fitch

“CAD will reach 3.4% of GDP in FY23, to be contained at sustainable level”

October 20, 2022 02:45 IST

Fitch cuts India’s FY23 GDP growth forecast to 7%; high inflation, policy tightening dampen economic prospects

Fitch Ratings on Thursday slashed its India’s economic growth (GDP) forecast for the current fiscal to 7 per cent from…

Updated: September 15, 2022 10:11 IST

"Fitch Ratings has revised the Outlook to Stable from Negative on the Long-Term Issuer Default Ratings (IDR) of 9 India-based banks, while affirming their IDRs," Fitch said in a statement.

Fitch revises rating outlook on 9 banks

The other lenders are Bank of Baroda (BOB), Bank of Baroda (New Zealand) Ltd, Bank of India, Canara Bank, Punjab…

June 15, 2022 17:36 IST

Fitch expects RBI to raise interest rates to 5.9 pc by December-end

In its update to Global Economic Outlook, Fitch said India’s economy faces a worsening external environment, elevated commodity prices, and…

Updated: June 14, 2022 16:59 IST

With this, Fitch joined its peers S&P and Moody's in assigning similar ratings and outlook for India.

Fitch raises India outlook to ‘stable’, retains rating

Higher oil import bill could drive up the country’s current account deficit to 3.1% of GDP in FY23 from just…

June 11, 2022 04:15 IST

Fitch cuts India’s GDP growth forecast to 7.8% for this year but raises future economic outlook

Fitch Ratings said despite the global uncertainties, especially the headwinds from the global commodity price shock amid Russia Ukraine war,…

June 10, 2022 11:44 IST

India’s bank privatisation may be delayed: Fitch

The plan, announced in the Budget in February, is part of the government’s broader divestment goals for FY22, and includes…

June 8, 2021 03:45 IST

Fitch Ratings affirms BBB- rating, says COVID-19 surge may delay economic recovery

Fitch had in June last year revised outlook for India to ‘negative’ from ‘stable’ on grounds that the coronavirus pandemic…

April 22, 2021 21:58 IST

Passenger Vehicles and two-wheelers to grow in single digits: Fitch

On the commercial vehicles front, it said sales of medium and heavy commercial vehicles (MHCV) grew 20 per cent year-on-year…

Updated: November 22, 2017 10:54 IST

Delayed payments by govt behind Rolta India liquidity crisis: Fitch

Payment delays by the government have led to a severe liquidity crisis at IT firm Rolta India, international ratings agency…

June 16, 2016 17:15 IST

State-run banks’ credit profiles at risk on heavy losses: Fitch

The credit profiles of state-run banks are under pressure following huge losses in the past two consecutive quarters which have…

May 31, 2016 18:21 IST

Top telcos may skip bid for 700 Mhz spectrum: Fitch

Given the high base price that has been recommended by telecom regulator Trai for the 700 Mhz spectrum and stress…

January 30, 2016 00:30 IST

Indian airlines to see better earnings outlook in 2016: Fitch

Indian and South East Asian airlines are likely to see improved earning prospects in 2016, primarily driven by higher demand…

December 23, 2015 20:16 IST

Fitch retains India’s rating, says growth will continue

Fitch expects Emerging Asia growth to slow to 6.3 per cent in 2016 from 6.5 per cent, driven almost entirely…

December 14, 2015 17:04 IST

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‘It’s a very important change, because it’s an attitude’-Trump signs War Department order

World News43 min ago

President Trump renamed the Department of Defense to the “Department of War” to highlight its role in preventing conflict. The Pentagon quickly changed signs and titles, receiving praise from Defense Secretary Hegseth. The costly and criticized process is seen as a tribute to the department’s history and heritage.

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