Search For "fitch"
Fitch Ratings: Indian banks' viability ratings set to flourish amid improv
Updated : 2 years, 4 months ago IST
Fitch foresees the continuation of robust Viability Ratings (VR) for Indian banks, largely propelled by the bolstering operating conditions and sustained financial performance in the short run.
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India's inclusion in JP Morgan bond index signals positive boost for finan
Updated : 2 years, 4 months ago IST
According to a report by Fitch Ratings, this move is likely to contribute to a slight reduction in funding costs and encourage further development in the domestic capital market.
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India's growth outlook soars: Fitch raises medium-term potential to 6.2 pe
Updated : 2 years, 4 months ago IST
This positive development reflects the country's growing economic resilience and potential for expansion.
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Improved supply-demand balance to boost margins for APAC steel producers:
Updated : 2 years, 4 months ago IST
Chinese steel consumption has remained steady, with a flat year-on-year performance in 9M23. This stability is attributed to robust investments in the infrastructure and manufacturing sectors, compensating for a weaker property sector.
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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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India's green energy sector receives strong 'BB-' Credit Rating: Fitch
Updated : 2 years, 4 months ago IST
According to Fitch's report, the rating on the notes reflects the 'bb' credit assessment of a restricted group of operating entities under ReNew Power Private Limited (BB-/Stable) - one of the largest renewable-energy independent power producers in India - notched down because of the orphan
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Fitch marginally raises global growth forecast for 2023
Updated : 2 years, 5 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, 6 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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Indian stocks rise after three straight session losses
Updated : 2 years, 7 months ago IST
Indian stock indices traded marginally higher Friday, primarily due to some fresh buying, after they witnessed widespread selling pressure over the past two-three sessions.
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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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