Fri, Aug 30, 2024
"Nevertheless, fiscal metrics remain a credit weakness, with deficits, debt, and debt service burden all high compared to 'BBB' range peers. Lagging structural metrics, including governance indicators and GDP per capita, also weigh on the rating," the Fitch Ratings added in its commentary.
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Tue, Jun 18, 2024
The US ratings agency has projected growth of China to slow down at 4.5 per cent due to declining exports and reduced government spending.Meanwhile, the eurozone is forecast to see an uptick in growth to 1.5 per cent next year.
Thu, Jun 06, 2024
According to the Fitch Ratings, India is expected to remain one of the fastest-growing economies globally, with a projected GDP growth rate of 6.9% for the fiscal year 2024.
Sat, Jan 14, 2017
The authorities accused the credit rating agency of overvaluing the ratings of securities backed by subprime mortgages or at-risk loans at the center of the country`s worst financial crisis since the Great Depression.
Wed, Jan 11, 2017
Dan Martin, Senior Analysts of Fitch Ratings said, “The impact on the economy will increase the longer the disruption continues, but Fitch has already revised India's GDP growth forecast for FY17 to 6.9% from 7.4%.”
Thu, Dec 22, 2016
Moody feels there is still lack of clarity on the cash flow generating capabilities of some of Rcom's remaining businesses, as the resulting leverage or cash flow positions following its restructuring can only be estimated within wide bounds.
Tue, Dec 06, 2016
India's weighted growth likely to be 5.2% in 2017.
Sun, Nov 27, 2016
Many economists say that the move will result in a slowing down of the economy in the near term.
Fri, Nov 25, 2016
In October 2016, Fitch forecast 7.4% growth for the current fiscal for India.
Thu, Nov 24, 2016
India's economic growth is expected to fall by up to 1% points over the next 12 months in the wake of demonetisation, says HSBC.
Wed, Nov 23, 2016
Indian state distribution companies struggling with years of cash losses will have some leeway in 2017.
Thu, Nov 10, 2016
Following the news, the real estate sector was majorly hit.
Thu, Nov 03, 2016
In H1FY17, the company had recorded EBIT losses of Rs 8 billion as compared to Rs 7.9 billion in H1FY16.
Fri, Oct 21, 2016
The free cash flows will be negative as cash generation is likely to fall short of capex requirements, the report said.
Wed, Sep 14, 2016
The rating agency said that Basel III AT1 instruments are loss-absorbing in nature.
Mon, Sep 12, 2016
From April 2017, the Indian banks are scheduled to begin migrating to Indian Accounting Standards and the compliance will be compulsory from April 2018.
Fri, Aug 26, 2016
The Reserve Bank of India on Thursday announced a slew of measures for the development of the fixed income and currency markets.
Mon, Jun 20, 2016
The leading credit rating agency said it recognises Rajan's contribution in setting significant policy changes in motion and said the new Governor will inherit a solid basis.
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