Search For "fitch ratings"
Commercial vehicle sales volume to grow in 14-19% range over next few year
Updated : 3 years, 4 months ago IST
A recovery in medium and heavy commercial vehicle (MHCV) from multi-year lows, along with sustained growth in light CV (LCV) categories, will help overall CV volume reach close to one million units by the financial year 2023-2024 (FY24) - the level of the last cyclical peak recorded in the f
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Credit agency Fitch downgrades Pakistan to CCC+ from B-
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], October 21 (ANI): Fitch Ratings on Friday downgraded Pakistan's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CCC+' from 'B-' amid country's political volatility and deteriorating economy.
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India's foreign exchange reserves to remain robust; CAD to be contained at
Updated : 3 years, 5 months ago IST
Hong Kong, October 19 (ANI): India's external buffers appear sufficient to cushion risks associated with rapid monetary policy tightening in the US and high global commodity prices, says Fitch Ratings.
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India stocks bearish for 3rd day over monetary policy tightening worries
Updated : 3 years, 6 months ago IST
New Delhi [India], September 16 (ANI): Indian stocks started Friday's trade in the red, extending losses for the third straight session, on concerns of aggressive global monetary policy tightening by various central banks to avert recessionary fears.
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Fitch slashes global growth forecast, sees "mild" recession in US in mid-2
Updated : 3 years, 6 months ago IST
New Delhi [India], September 15 (ANI): The European gas crisis, high inflation and the pace of global monetary policy tightening are taking a heavy toll on economic prospects, rating agency Fitch Ratings' September 2022 Global Economic Outlook (GEO) said. European wholesale gas and electrici
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Chinese firm demands immediate payment of over Rs 86 billion from Pakistan
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 20 (ANI): A Chinese firm has demanded payment of over Rs 86 billion from Pakistan on an immediate basis.
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Fitch downgrades Pakistan's outlook from stable to negative
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 19 (ANI): Amid renewed political volatility, the Fitch Ratings agency on Tuesday downgraded Pakistan's outlook from stable to negative.
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Fitch lowers India's GDP growth forecast for 2022-23 to 7.8 per cent
Updated : 3 years, 9 months ago IST
New Delhi [India], June 10 (ANI): Fitch Ratings on Friday lowered India's gross domestic product (GDP) growth forecast for the financial year 2022-23 to 7.8 per cent from its earlier projection of 8.5 per cent announced in March, citing inflationary impacts of the global commodity price shoc
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Fitch revises outlook on India to 'stable' from 'negative'
Updated : 3 years, 9 months ago IST
New Delhi [India], June 10 (ANI): Fitch Ratings on Friday revised its outlook on India's long-term foreign currency Issuer Default Rating (IDR) to "Stable" from "Negative" citing diminished downside risks to medium-term growth.
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Fitch downgrades Russia's long-term foreign-currency issuer default rating
Updated : 4 years ago IST
Moscow [Russia], March 9 (ANI/Sputnik): International rating agency Fitch Ratings said it has downgraded Russia's long-term foreign-currency issuer default rating to 'C' from 'B'.
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Fuel demand boosts oil marketing companies' petroleum product sales: Fitch
Updated : 4 years, 1 month ago IST
New Delhi [India], February 8 (ANI): Transportation fuel demand shows signs of improving to pre-pandemic levels from FY23 as visible from petroleum product sales for the OMCs (oil marketing companies) which increased between 8 per cent -11 per cent during the nine months ended December of fi
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Sri Lankan exports to China, Hong Kong falls sharply
Updated : 4 years, 2 months ago IST
Colombo [Sri Lanka], December 27 (ANI): Sri Lankan exports to China and Hong Kong has declined sharply since 2020.
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