Search For "fitch ratings"
Fitch cuts India growth forecast to 30-year low of 2 pc for FY21
Updated : 3 days, 10 hours ago IST
Singapore, April 3 (ANI): Fitch Ratings on Friday cut its GDP growth forecast for India to 2 per cent for the fiscal year ending March 2021 after lowering it to 5.1 per cent previously, which will make it the slowest growth in India over the past 30 years.
Read More
Coronavirus crisis is crushing global GDP growth: Fitch Ratings
Updated : 2 weeks, 3 days ago IST
London [UK], Mar 20 (ANI): The coronavirus crisis is crushing global GDP growth, according to Fitch Ratings latest quarterly Global Economic Outlook.
Read More
Coronavirus to weaken sovereign fiscal positions: Fitch Ratings
Updated : 2 weeks, 5 days ago IST
Hong Kong, Mar 18 (ANI): The economic impact of coronavirus combined with associated policy responses is likely to result in a higher-than-average number of sovereign rating actions in 2020 and a more pronounced downward bias in sovereign rating changes than in any year since the aftermat
Read More
Fiscal space limited for many sovereigns, including India: Fitch R
Updated : 3 weeks, 3 days ago IST
London [UK], Mar 13 (ANI): All the G7 plus India are among the three weakest sovereigns in terms of public finances in their rating categories, according to Fitch Ratings.
Read More
NBFI challenges can intensify from Yes Bank restructuring: Fitch R
Updated : 3 weeks, 4 days ago IST
Singapore, Mar 12 (ANI): Non-bank financial institutions (NBFIs) will likely face renewed pressure on funding and liquidity following the Reserve Bank of India's (RBI's) takeover of Yes Bank this month, according to Fitch Ratings.
Read More
Conditions remain challenging for India's banks: Fitch
Updated : 4 weeks ago IST
Singapore, Mar 9 (ANI): Fitch Ratings said on Monday that operating environment remains difficult for India's banks in line with its negative outlook for the sector despite some indications of an improvement in the macroeconomic outlook.
Read More
Coronavirus disrupts sports events, affects stadiums' revenue: Fit
Updated : 1 month, 1 week ago IST
New York [USA], Feb 27 (ANI): The novel coronavirus has led to postponements or cancellations of various sports events, primarily in the Asia Pacific which will put pressure on affected stadiums' revenues, according to Fitch Ratings.
Read More
Fitch revises outlook on JSW Steel to negative from stable
Updated : 1 month, 1 week ago IST
Mumbai (Maharashtra) [India], Feb 26 (ANI): Fitch Ratings has revised the outlook on JSW Steel's (JSWS) long-term issuer default rating (IDR) to negative from stable and affirmed the IDR at BB.
Read More
Fitch removes Bharti Airtel from watch negative, affirms stable ou
Updated : 1 month, 2 weeks ago IST
Singapore, Feb 20 (ANI): Fitch Ratings on Thursday affirmed Bharti Airtel's long-term foreign-currency issuer default rating and senior unsecured rating at BBB minus.
Read More
Weak sentiment to curb automakers' sales despite better Q3: Fitch
Updated : 1 month, 2 weeks ago IST
Mumbai (Maharashtra) [India], Feb 19 (ANI): Slowing GDP growth and weak consumer sentiment in India will continue to weigh on auto sales despite some improvement in the quarter ended December 2019, according to Fitch Ratings.
Read More
Coronavirus set to dampen China's economic growth: Fitch
Updated : 1 month, 4 weeks ago IST
Hong Kong, Feb 7 (ANI): The ongoing coronavirus outbreak will dampen economic growth in China this year but the scale of the impact remains uncertain and will depend on the duration and intensity of the health crisis, Fitch Ratings has said.
Read More
Budget targets slide amid growth slowdown: Fitch Ratings
Updated : 2 months ago IST
Hong Kong, Feb 5 (ANI): The Union Budget for fiscal year ending March 2021 (FY21) implies a modest degree of slippage from previous targets to consolidate public finances, Fitch Ratings said on Wednesday.
Read More