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Share Market Highlights: Nifty ends below 18200, Sensex loses 1%, Bank Nifty down 704 pts; Reliance leads losses

Share Market News Today | Sensex, Nifty, Share Prices Highlights: The S&P BSE Sensex tanked more than 600 points, to…

Updated: December 21, 2022 16:46 IST

Strong bank loan growth in FY23 despite higher interest rates: Fitch Ratings

“We see bank credit expanding by around 13 per cent in FY23, up from 11.5 per cent in FY22. The…

Updated: November 28, 2022 14:36 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

FY23 growth forecast, FY23 growth forecast for india, indian economy, fitch ratings

Cites risk from elevated inflation and interest rates: Fitch slashes FY23 growth forecast for India to 7%

Wholesale-price-based inflation hit a 11-month low of 12.41% in August, although retail inflation inched up to 7%, reversing a declining…

September 16, 2022 06:30 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 affirms ‘BBB-‘ rating to GAIL, outlook stable

“GAIL’s standalone credit profile (SCP) is ‘bbb’, supported by its dominant market position in the regulated utility gas-transmission business, diversification…

June 27, 2022 15:33 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

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

RIL to fire on all cylinders: Telecom, oil to drive earnings this year; O2C, retail to generate cash: Fitch

The oil-to-telecom conglomerate has so far this year outperformed benchmark Nifty 50 index and the company’s stock is up 3.90…

May 10, 2022 16:38 IST

However, it also revised up its real growth forecast for the current fiscal to 8.7% from 8.1%, which will push up the base accordingly for the calculation of the FY23 growth.

Fitch slashes FY23 India outlook to 8.5%

In its Global economic Outlook-March 2022 on Tuesday, Fitch also forecast a rise in inflationary pressure, which will peak above…

March 23, 2022 00:55 IST

After Moody’s, Fitch cuts India’s growth outlook by nearly 2%; flags high inflation, rising fuel prices

Fitch Ratings has cut India’s GDP forecast by 1.8% to 8.5% for 2023. The rating agency has however upped its…

Updated: March 22, 2022 10:51 IST

Uncertainties remain around India’s medium-term debt trajectory: Fitch

In its report ‘What Investors Want to Know: Indian Sovereign and Financial Institutions in 2022’, it said financial institutions face…

February 24, 2022 14:38 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

Surge in second wave to lower our India GDP forecast: Jeremy Zook, director (sovereign ratings), Fitch Ratings

“The rating would come under additional pressure from a worsening of the debt ratio trajectory resulting from weaker medium-term growth…

June 1, 2021 05:45 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

Addressing the Global Sovereign Conference 2021, Asia-Pacific, Fitch Ratings Senior Director, Head of Asia-Pacific Sovereign Ratings, Stephen Schwartz said vaccination is the key to economic recovery across the world.

Fitch Ratings revises India’s GDP growth estimate to 12.8% for FY22

In its latest Global Economic Outlook (GEO), Fitch said revision is on the back of “a stronger carryover effect, a…

Updated: March 24, 2021 21:12 IST

High fiscal deficit may invite rating agencies’ ire, Fitch may downgrade: Report

In a note released hours after the Nomura report, Fitch indeed flagged risks over the fiscal roadmap from the medium…

February 2, 2021 17:07 IST

High risk profile for Lodha Developers proves costly; find out how

The global rating agency attributed the downgrade to the company’s inability to reduce its leverage

June 14, 2016 06:35 IST

Fitch warns Japan ratings downgrade possible after tax hike delay

Fitch Ratings warned on Monday that it could downgrade Japan’s sovereign rating after Prime Minister Shinzo Abe delayed an increase…

June 13, 2016 16:59 IST

Fitch downgrades Rolta’s rating for non-payment of bank loans

Global rating agency Fitch today downgraded its long-term corporate credit rating on Rolta India on account of non-payment of bank…

June 2, 2016 17:08 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

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