Tue, Jun 18, 2024
FITCH raised India's GDP estimate. GDP estimate for FY25 increased from 7% to 7.2%. RBI may cut repo rate by 0.25% in 2024.
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Fitch Ratings on India's growth forecast: 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.
Wed, Apr 10, 2024
Fitch expects China's explicit central and local government debt to rise to 61.3 per cent of gross domestic product (GDP) in 2024 from 56.1 per cent in 2023 - a clear deterioration from 38.5 per cent in 2019.
While it lowered its outlook, indicating a downgrade is possible over the medium term, the agency affirmed China's IDR rating at 'A+'.
Tue, Mar 26, 2024
Fitch believes there is room for banks to lower operating and credit costs to offset the impact, driven by cost control and increasing efficiency from digitalisation, and scope for impaired-loan ratios to fall further across most banks.
Thu, Mar 14, 2024
Ratings agency Fitch has raised its FY25 gross domestic product (GDP) forecast for the Indian economy by 50 basis points.
Thu, Aug 17, 2023
A number of indicators for the banking sector have also improved compared with pre-pandemic levels, the rating agency said.
Thu, Aug 03, 2023
What will be the effect on our markets if Fitch downgrades America's rating? Rupee will weaken, dollar will strengthen? Will gold prices rise? Understand ABCD of Credit Rating..
Fitch hastened to downgrade America's rating? More political because of FitchDowngrade? There was a lot of boom in America after the last downgrade? Watch 'Rating Downgrade Ki Pathshala' with AnilSinghvi
What will be the effect on our markets if Fitch downgrades America's rating? Rupee will weaken, dollar will strengthen? Will gold prices rise? Understand the ABCD of Credit Rating. From #AnilSinghvi in 'Rating Downgrade Ki Pathshala'.
Wed, Aug 02, 2023
Fitch US Rating: Big news related to rating agency Fitch is coming. Fitch has downgraded the US rating. Fitch has downgraded the rating from AAA to AA+. Know what was the reason?
Fitch cited fiscal deterioration, rising government debt, and poor governance as key reasons for the downgrade. This is the second time in history that the US has experienced a downgrade in its credit rating.
When did the rating of US decrease before this? What is the effect on the markets due to rating downgrade? Know full details in this video
Fitch downgrades America's rating from AAA to AA+ Why did Fitch downgrade America's rating? Will there be a break on the rise of American markets? Why are questions being raised on US Financial Discipline?
Thu, Jun 22, 2023
The growth forecast compares with 7.2 per cent GDP expansion in FY23. In the previous fiscal year (FY22), the economy had grown 9.1 per cent.
Tue, Jun 14, 2022
Fitch Ratings on Tuesday said the Reserve Bank is likely to raise interest rates further to 5.9 per cent by December 2022, on deteriorating inflation outlook.
Wed, Nov 17, 2021
The Fitch ratings has stated that they forecast a robust GDP growth of 8.7 per cent in the fiscal year ending March 2022 (FY22) and 10 per cent in FY23.
Thu, Oct 07, 2021
Fitch Ratings has cut India's economic growth forecast to 8.7 per cent for the current fiscal but raised GDP growth projection for FY23 to 10 per cent.
Thu, Dec 06, 2018
The slow pace of land reforms will continue to result in project delays and rising costs, posing a downside risk for the road and rail sectors, Fitch Solutions said Wednesday.
Tue, Apr 10, 2018
An investigation into allegations that ICICI Bank extended a loan with a potential conflict of interest raises question over the bank’s governance and creates reputational risks, says Fitch Ratings.
Tue, Feb 20, 2018
The primary driver for today's rating action is the risk of weakening of the bank's standalone credit profile, as a result of the discovery of a number of fraudulent transactions
Thu, Dec 21, 2017
Asian markets offered a muted reaction on Thursday to the passage of U.S. tax cuts as benefits to company bottom lines were already baked into stock prices, while bonds were spooked by the blowout in government debt needed to fund the giveaways.
Wed, Dec 06, 2017
Reliance Communications stock today opened at Rs 11.10 and slumped 2.38 per cent to touch an intra-day low of Rs 11.07 on the BSE.
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