Fitch upgrades outlook of 4 Adani Group companies to stable

Fitch Ratings has revised the outlook of four Adani group companies to Stable from Negative and affirmed the ratings...

Fitch affirms stable rating on Union Bank of India

Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) of Union Bank of India at 'BBB-' and its...

Fitch affirms stable rating on Punjab National Bank

Fitch Ratings has affirmed Punjab National Bank's (PNB) Long-Term Issuer Default Rating (IDR) at 'BBB-' and its...

Fitch removes Adani Energy Solutions from negative watch

In a statement Monday, Fitch affirmed the said ratings, noting that the Adani group "has demonstrated adequate...

Lower Brent prices to support margins for Indian refiners: Fitch

Indian oil marketing companies' EBITDA will rise in the next financial year - 2025-26 -- as demand growth remains...

Large Indian NBFIs poised to outperform: Fitch Ratings

While softer economic conditions, tighter bank funding, and asset quality concerns are expected to affect the...

Fitch Ratings affirms India's sovereign rating at 'BBB-' with a Stable Outlook

American credit rating agency Fitch Ratings, on August 29, affirmed India's Long-Term Foreign-Currency Issuer...

Indian mining cos face margin risk after recent SC ruling: Fitch

On August 14, the Supreme Court ruled that mineral-rich states can collect past dues on royalty and taxes on mines...

'Indian IT services revenue to remain modest on soft IT spending'

The modest growth rate is based on the rationale that clients may delay discretionary IT spending due to economic...

India’s Budget nicely balances fiscal deficit, capex: Fitch

"We believe that it (fiscal deficit) should be achievable as the government's assumption of 10.5 per cent nominal...

Fitch revises outlook on Tata Steel

This adjustment reflects growing concerns over the company's ability to effectively turn around its UK operations...

India’s downstream oil and gas profits to fall

Fitch projects a 3 per cent-4 per cent increase in India's petroleum product demand for the fiscal year ending in...