Pak's economic condition worsening, default on borrowing spikes

Fast deteriorating CDS is signalling the foreign investors that Islamabad is precariously near default. Rather than...

CV sales volume to grow in 14-19% range over next

A recovery in medium and heavy commercial vehicle (MHCV) from multi-year lows, along with sustained growth in light...

Credit agency Fitch downgrades Pakistan to CCC+ from B-

Islamabad [Pakistan], October 21 (ANI): Fitch Ratings on Friday downgraded Pakistan's Long-Term Foreign-Currency...

India's foreign exchange reserves to remain robust: Fitch

Hong Kong, October 19 (ANI): India's external buffers appear sufficient to cushion risks associated with rapid...

India stocks bearish for 3rd day over policy tightening worries

New Delhi [India], September 16 (ANI): Indian stocks started Friday's trade in the red, extending losses for the...

Fitch cuts global growth, sees "mild" recession in US mid-2023

New Delhi [India], September 15 (ANI): The European gas crisis, high inflation and the pace of global monetary...

Chinese firm demands immediate payment of Rs 86 billion from Pak

Islamabad [Pakistan], July 20 (ANI): A Chinese firm has demanded payment of over Rs 86 billion from Pakistan on an...

Fitch downgrades Pakistan's outlook from stable to negative

Islamabad [Pakistan], July 19 (ANI): Amid renewed political volatility, the Fitch Ratings agency on Tuesday...

Fitch lowers India's GDP growth forecast for 2022-23 to 7.8 pc

New Delhi [India], June 10 (ANI): Fitch Ratings on Friday lowered India's gross domestic product (GDP) growth...

Fitch revises outlook on India to 'stable' from 'negative'

New Delhi [India], June 10 (ANI): Fitch Ratings on Friday revised its outlook on India's long-term foreign currency...

Fitch downgrades Russia's long-term foreign-currency issuer...

Moscow [Russia], March 9 (ANI/Sputnik): International rating agency Fitch Ratings said it has downgraded Russia's...

Fuel demand boosts oil marketing companies' petroleum product...

New Delhi [India], February 8 (ANI): Transportation fuel demand shows signs of improving to pre-pandemic levels from...