Singapore, June 11 (ANI): The average Indian household will spend 35.3 per cent of total household budget on food in 2025, increasing by 2.1 percentage points from 33.2 per cent in 2005, Fitch Solutions said on Friday.
Singapore, June 9 (ANI) Gold prices have been rising globally since April and Fitch Solutions believes there is further upside in the next few months as inflationary pressures remain elevated and pressure real bond yields.
Singapore, June 8 (ANI): Fitch Solutions on Tuesday held an optimistic outlook for the Indian consumer over 2021 with real growth in household spending forecast at 9.1 per cent year-on-year.
Singapore, June 5 (ANI): Fitch Solutions has maintained FY21 (mid-July 2020 to mid-July 2021) real GDP growth forecast for Nepal at 2 per cent and forecast growth of 3.5 per cent in FY22.
Singapore, May 24 (ANI): Fitch Solutions has revised up its global steel price short-term forecast to an average of USD 800 per tonne compared with USD 660 per tonne previously as the persisting mismatch between supply and demand continues to edge prices higher.
Singapore, May 13 (ANI): Fitch Solutions has revised its real GDP growth forecasts for Bhutan to minus 2.4 per cent in the calendar year 2020 and 2.9 per cent in 2021 from minus 3.5 per cent and 4.7 per cent previously.
Singapore, May 7 (ANI): Fitch Solutions on Friday revised its forecast for India's deficit to 8.3 per cent of GDP in FY22 (April 2021 to March 2022) from 8 per cent previously.
Singapore, April 16 (ANI): India remains badly placed to tackle the rapid spread of coronavirus despite several reforms and the unprecedented crisis has highlighted the need to increase investments in the healthcare sector, Fitch Solutions said on Friday.
Singapore, Apr 13 (ANI): Coal-fired power plants will be the primary driver of infrastructure investment in India's power sector over the next decade, Fitch Solutions said on Tuesday.
Singapore, Apr 10 (ANI): Fitch Solutions has revised its forecast for the Reserve Bank of India (RBI) to keep its policy repurchase (repo) rate on hold at 4 per cent over the course of FY22 (April 2021 to March 2022) from its prior view for a 25 basis points cut to 3.75 per cent.
Singapore, March 25 (ANI): Driven by the sustained demand for housing and supportive government policy, residential building will see a strong rebound in 2021 and robust growth over the coming decade, according to Fitch Solutions.
Singapore, March 18 (ANI): Fitch Solutions on Thursday revised its forecast for Indian rupee to average Rs 73.50 per US dollar in 2021, slightly stronger from Rs 75.50 per US dollar previously, which reflects its view for the rupee to mostly trade sideways over the course of year.