Updated : 6 days, 6 hours ago IST
London [Britain], June 18 (ANI): Global rating agency Fitch Ratings has cut forecast for India's gross domestic product (GDP) growth to 6.6 per cent for the current fiscal 2019-20, from 6.8 per cent projected three months ago, largely due to persistent slowdown in manufacturing and agricultu
Updated : 1 week, 3 days ago IST
New Delhi [India], June 14 (ANI): India Ratings and Research (Ind-Ra) said on Friday that a key driver of lower wholesale inflation has been manufactured products where inflation declined to 1.28 per cent in May compared to 1.72 per cent in April.
Updated : 2 weeks, 3 days ago IST
Mumbai (Maharashtra) [India], June 7 (ANI): Dewan Housing Finance Corporation Limited's (DHFL) liquidity problems and its failure this week to pay coupons highlight the funding challenges faced by India's non-bank finance sector, according to Fitch Ratings.
Updated : 2 weeks, 5 days ago IST
Mumbai (Maharashtra) [India], June 5 (ANI): India Ratings and Research (Ind-Ra) said on Wednesday that an interest rate cut by the Reserve Bank of India (RBI), which is almost certain in the second bi-monthly monetary policy statement for 2019-20, is unlikely to stimulate demand in the near-
Updated : 4 weeks ago IST
London [Britain] May 27 (ANI): The victory of Bharatiya Janata Party (BJP) in India's general election reduces policy uncertainty in the near term and gives the party a mandate to continue its economic reform efforts, according to Fitch Ratings.
Updated : 1 month, 1 week ago IST
New Delhi [India], May 13 (ANI): The next government's medium-term fiscal policy in India will be of particular importance from a rating perspective, Fitch Ratings said on Monday.
Updated : 1 month, 2 weeks ago IST
Mumbai (Maharashtra) [India], May 9 (ANI): India Ratings has downgraded Yes Bank's long-term issuer rating from 'IND AA plus' to 'IND AA minus' with a negative outlook.
Updated : 2 months, 3 weeks ago IST
New Delhi [India], Apr 4 (ANI): Fitch Ratings kept India's sovereign rating unchanged on Thursday at the lowest investment grade of BBB- with a stable outlook.
Mumbai (Maharashtra) [India], Mar 29 (ANI): The banking sector's non-performing loan (NPL) ratio improved in first nine months of current financial year but slow resolution and weak capital are likely to keep th
Updated : 10 months, 1 week ago IST
New Delhi [India], Aug 20 (ANI): Fitch Ratings on Monday said that its outlook on the recent sell-off in the rupee illustrates that India's sensitivity to shifts in the market sentiments towards emerging markets, with further pressure as global monetary tightening progresses.
Updated : 1 year, 2 months ago IST
New Delhi [India], Apr. 5 (ANI): Following the announcement of the Reserve Bank of India's (RBI) bi-monthly monetary policy, credit-rating body ICRA noted that the statement is in line with industry expectations.
Updated : 1 year, 4 months ago IST
New Delhi [India], February 10 (ANI): The third edition of the Pro Wrestling League 3 (PWL 3) proved to be an unprecedented hit as it became the most popular league in the country after cricket.