Search For "fitch ratings"
Fitch cuts India growth forecast to 30-year low of 2 pc for FY21
Updated : 5 years, 11 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 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 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 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 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 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 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 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, 1 month 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, 1 month 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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Coronavirus set to dampen China's economic growth: Fitch
Updated : 6 years, 1 month ago IST
Hong Kong, Feb 7 (ANI): The ongoing coronavirus outbreak will dampen economic growth in China this year but the scale of the impact remains uncertain and will depend on the duration and intensity of the health crisis, Fitch Ratings has said.
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Budget targets slide amid growth slowdown: Fitch Ratings
Updated : 6 years, 1 month ago IST
Hong Kong, Feb 5 (ANI): The Union Budget for fiscal year ending March 2021 (FY21) implies a modest degree of slippage from previous targets to consolidate public finances, Fitch Ratings said on Wednesday.
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