Search For "fitch"
Pakistan's economic growth will contract by 0.3 pc in fiscal year 2023: Re
Updated : 3 years, 1 month ago IST
Fitch Solutions anticipated that the current cycle of rupee devaluation has not yet ended and that rupee will continue to lose its value against the US dollar, considering the high demand for foreign currency to pay for imports and repay colossal foreign debt.
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India's continued capital expenditure push will give fillip to growth: Fit
Updated : 3 years, 1 month ago IST
Fitch Ratings says India is well-placed to sustain higher rates of growth in the medium-term than many of its peers.
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Robust balance sheets, low exposure to global slowdown to support Indian c
Updated : 3 years, 2 months ago IST
Fitch expects India's GDP growth to moderate to 7 per cent in 2022-23 from an 8.7 per cent recovery in 2021-22 from the pandemic.
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India's gas consumption target faces risks over price volatility: Fitch Ra
Updated : 3 years, 2 months ago IST
Demand for natural gas from price-sensitive industrial and power sectors may be limited in times of rising prices, as they switch to cheaper alternate fuels, Fitch Ratings said in a report on Tuesday.
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India's power demand growth to slow in FY23: Fitch Ratings
Updated : 3 years, 2 months ago IST
In a report -- India Power Watch 1HFY23, Fitch said it expects demand growth to moderate in the second half of 2022-23 (H2FY23) as the strong 18.5 per cent year-on-year growth in the first quarter of fiscal 2022-23 (Q1FY23) was from a low base a year earlier when demand dived due to a resurg
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Fitch downgrades India's auto loan sector outlook on economic slowdown ris
Updated : 3 years, 3 months ago IST
High inflation, Fitch Ratings said, may increase the operating costs of vehicles and the cost of living, which may hurt operators' debt servicing capacity.
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With focus on profitability, Indian telecom operators may raise tariffs in
Updated : 3 years, 3 months ago IST
Indian telecom operators continue to have one of the lowest monthly average revenue per user (USD 2.5) and the highest monthly data usage (20 GB) in the world.
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Worst may be behind for Indian oil marketing companies: Fitch
Updated : 3 years, 4 months ago IST
Retail losses from auto fuel prices that have been frozen for around six months amid elevated crude oil prices kept their profitability under pressure in the second quarter.
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Pakistan's economic condition worsens as default on borrowing spikes
Updated : 3 years, 4 months ago IST
Fast deteriorating CDS is signalling the foreign investors that Islamabad is precariously near default. Rather than taking SOS measures for economic revival, Islamabad is still pinning its hope on assistance from Saudi Arabia and China which have dried up in the recent past.
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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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Pakistan's risk of default spikes to 13-year high of 52.8 per cent
Updated : 3 years, 4 months ago IST
Following the global rating agencies Moody's and Fitch downgrading Pakistan's credit rating in recent weeks, Islamabad's risk of default spiked to a 13-year high of 52.8 per cent.
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Credit agency Fitch downgrades Pakistan to CCC+ from B-
Updated : 3 years, 4 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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