Search For "fitch rating"
COVID-19 damages India's growth and fiscal outlook, may impact sovereign r
Updated : 6 years, 1 month ago IST
Hong Kong, April 28 (ANI): Fitch Ratings has again revised down its economic growth forecast for India to 0.8 per cent in the fiscal year ending March 2021, reflecting the impact of the coronavirus pandemic and official efforts to contain it.
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Fitch slashes India growth forecast to below 1 pc this year
Updated : 6 years, 1 month ago IST
London [UK], April 23 (ANI): Fitch Ratings has made further large cuts to global GDP forecasts in its latest Global Economic Outlook (GEO) in response to coronavirus-related lockdown extensions and incoming data flows, saying the Indian economy is expected to grow at below one per cent this
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Fitch cuts India growth forecast to 30-year low of 2 pc for FY21
Updated : 6 years, 2 months 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.
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Coronavirus crisis is crushing global GDP growth: Fitch Ratings
Updated : 6 years, 2 months ago IST
London [UK], Mar 20 (ANI): The coronavirus crisis is crushing global GDP growth, according to Fitch Ratings latest quarterly Global Economic Outlook.
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Coronavirus to weaken sovereign fiscal positions: Fitch Ratings
Updated : 6 years, 2 months 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
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Fiscal space limited for many sovereigns, including India: Fitch Ratings
Updated : 6 years, 2 months 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.
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NBFI challenges can intensify from Yes Bank restructuring: Fitch Ratings
Updated : 6 years, 2 months 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.
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Conditions remain challenging for India's banks: Fitch
Updated : 6 years, 3 months 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.
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Coronavirus disrupts sports events, affects stadiums' revenue: Fitch
Updated : 6 years, 3 months 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.
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Fitch revises outlook on JSW Steel to negative from stable
Updated : 6 years, 3 months 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.
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Fitch removes Bharti Airtel from watch negative, affirms stable outlook
Updated : 6 years, 3 months 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.
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Weak sentiment to curb automakers' sales despite better Q3: Fitch Ratings
Updated : 6 years, 3 months 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.
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