Fitch raises India 2023-24 growth forecast above govt estimates

This growth forecast by the global rating agency is 20 basis points higher than the government's estimate of 7.6...

Fitch raises global GDP forecast on improved near-term prospects

Fitch Ratings has raised its 2024 global GDP growth forecast by 0.3 percentage points to 2.4 per cent in its latest...

India petro products demand to increase mid-single-digit percent

India's demand for petroleum products is likely to increase by a mid-single-digit percentage in the financial year...

India’s downstream oil and gas demand, upstream

According to Fitch Ratings, this follows a robust 5 per cent year-on-year increase in the first nine months of FY24...

Emerging-market capital inflows soar to a decade high

The anticipated increase is attributed to several factors including higher growth prospects in emerging markets...

Interim budget accelerates consolidation efforts

Fitch Ratings highlights that these targets align closely with their assumptions when affirming India's rating at...

India Budget reinforces commitment to fiscal consolidation: Fitch

India's interim Budget presented last week pointed to a slightly faster pace of consolidation in the next two fiscal...

Hybrids pave the way for Japanese automakers

According to Fitch Ratings, the strategic positioning of HEVs as a transitional replacement for internal combustion...

Fitch Ratings warns of credit implications

As per Fitch Ratings, the impact on SF notes could result from operational disruptions, a re-evaluation of risk...

Fitch Ratings report highlights concerns

As per Fitch Ratings, the cumulative net downgrades have reached a record high of 235 since early 2019, underscoring...

South, South-East Asia petrochemical market faces weak outlook

According to Fitch Ratings, this projection is driven by factors such as uncertain Chinese demand, a broader...

Arbitration ruling boosts credit profile for DIAL

Fitch sees this decision as a substantial step in reducing the number of unresolved issues at DIAL and anticipates...