Search For "fitch"
India's foreign exchange reserves to remain robust; CAD to be contained at
Updated : 3 years, 4 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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Tata Steel amalgamation won't have material impact on credit profile: Cred
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 27 (ANI): The amalgamation of seven business units of Tata Group with Tata Steel will help reduce costs and won't have any material impact on the company's credit profile, CreditSights, part of the rating agency Fitch, said in a report on Tuesday.
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India stocks bearish for 3rd day over monetary policy tightening worries
Updated : 3 years, 5 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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Sri Lanka way? Moody's, Fitch and S&P downgrade Pakistan's rating
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 30 (ANI): Citing the country's weakening economic position, Moody's, then Fitch, and now S&P Global - three major global rating agencies have downgraded Pakistan's long-term rating from stable to negative, according to media reports.
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Pakistan's current account deficit surges to USD 17.4 billion
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 29 (ANI): In spite of multiple actions taken by Pakistan, its current account deficit has surged to USD 17.4 billion or 4.6 pc the size of the economy during the last fiscal year on the rising trade deficit.
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Chinese firm demands immediate payment of over Rs 86 billion from Pakistan
Updated : 3 years, 7 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, 7 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 lowers India's GDP growth forecast to 8.5 per cent for 2022-23
Updated : 3 years, 11 months ago IST
New Delhi [India], March 22 (ANI): Rating agency Fitch on Tuesday lowered India's GDP growth forecast to 8.5 per cent for the financial year 2022-23 citing the risks to the economy due to higher energy prices.
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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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