Search For "fitch ratings"
APAC Oil and Gas producers maintain capex amidst energy transition: Fitch
Updated : 2 years, 4 months ago IST
According to Fitch Ratings, despite these financial commitments, APAC O&G companies have more flexibility for capex as they have significantly reduced leverage in 2022. Additionally, most of these companies enjoy robust access to funding, thanks to their close affiliations with sovereign
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Indonesia grapples with rising interest rates as electric vehicle revoluti
Updated : 2 years, 4 months ago IST
The report suggests that 4W sales in 2023 will hover around 1 million units, slightly below the 2022 figures of 1,048,040 units, with a similar outlook for 2024.
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Fitch marginally raises global growth forecast for 2023
Updated : 2 years, 6 months ago IST
Fitch Ratings has upwardly revised the global growth forecast for 2023 by 10 basis points to 2.5 per cent, reflecting surprising resilience so far this year in the US, Japan, and emerging markets excluding China.
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US standing at brink of total shutdown, Americans feel the bite
Updated : 2 years, 6 months ago IST
Months after averting it, the US is again standing at the brink of total shutdown, if the Congress — struggling with the dispute between Democrats and Republicans — is not able to pass the spending bills before October 1, The Hill reported.
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Indian banks’ operating environment strengthened as pandemic risks ebbed:
Updated : 2 years, 7 months ago IST
The operating environment for Indian banks has strengthened as economic risks associated with the Covid-19 pandemic have ebbed, said Fitch Ratings.
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India stocks plunge as sectoral indices see widespread decline
Updated : 2 years, 7 months ago IST
Indian stock indices traded sharply lower Wednesday and settled in the red with widespread losses in all sectoral indices. The decline was primarily due to weak market sentiment in global markets.
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Fitch downgrades US credit rating, White House “strongly disagrees"
Updated : 2 years, 7 months ago IST
The US government’s credit rating has been downgraded by the Fitch Ratings from AAA to AA, citing a “steady deterioration in standards of governance," CNN reported on Tuesday.
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India's 2023-24 fuel demand to grow by mid-single-digit: Fitch
Updated : 2 years, 8 months ago IST
Fitch Ratings expects India's petroleum product demand in during 2023-24 to grow by a mid-single-digit percentage after a 10 per cent rise the past year.
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Sustained demand, easing cost pressure to aid Indian corporates' profit: F
Updated : 2 years, 8 months ago IST
Fitch expects India's bank credit growth to remain reasonably robust after 15.4 per cent growth in 2022-23
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Fitch raises 2023 global growth outlook, says economic activity firmly pla
Updated : 2 years, 9 months ago IST
Fitch Ratings has raised the global growth forecast for 2023 to 2.4 per cent from its March estimate of 2.0 and noted that economic activity the world over is holding up better than as was expected.
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Fitch raises India growth outlook for 2023-24 to 6.3 pc on firm macro indi
Updated : 2 years, 9 months ago IST
Fitch Ratings has raised India's growth forecast for 2023-24 to 6.3 per cent from its earlier estimate of 6.0 per cent in March -- making the country one of the fastest-growing major economies in the world.
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India's inflation in 2023-24 seen averaging near RBI's 6 pc upper band: Fi
Updated : 2 years, 10 months ago IST
Fitch Ratings forecasts India's headline inflation to decline, but remain near the upper end of the Reserve Bank of India's 2-6 per cent target band, averaging 5.8 per cent in 2023-24 from 6.7 per cent last year.
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