Search For "fitch"
Fuel demand boosts oil marketing companies' petroleum product sales: Fitch
Updated : 4 years, 1 month ago IST
New Delhi [India], February 8 (ANI): Transportation fuel demand shows signs of improving to pre-pandemic levels from FY23 as visible from petroleum product sales for the OMCs (oil marketing companies) which increased between 8 per cent -11 per cent during the nine months ended December of fi
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Sri Lankan exports to China, Hong Kong falls sharply
Updated : 4 years, 2 months ago IST
Colombo [Sri Lanka], December 27 (ANI): Sri Lankan exports to China and Hong Kong has declined sharply since 2020.
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India's fuel ethanol consumption to rise to meet E20 target: Fitch
Updated : 4 years, 5 months ago IST
Singapore, September 21 (ANI): Fitch Solutions said on Tuesday that India's ethanol consumption will increase over the next few years, driven primarily by the government's desire to support the sugar sector by boosting ethanol production but also because of the recovery in road travel follow
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Reliance Industries' FC IDR reflects robust external debt service ratio
Updated : 4 years, 5 months ago IST
Singapore, September 17 (ANI): Fitch Ratings has said the upgrade of Reliance Industries Ltd's (RIL's) long-term foreign-currency (FC) issuer default rating (IDR) to BBB in June -- a notch above India's country ceiling of BBB-minus -- reflects expectation that RIL's hard-currency (HC) extern
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Fitch affirms Kerala Infrastructure Investment at BB with stable outlook
Updated : 4 years, 5 months ago IST
Hong Kong, Sep 16 (ANI): Fitch Ratings has affirmed Kerala Infrastructure Investment Fund Board's (KIIFB) long-term foreign- and local-currency issuer default ratings at BB.
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India's cotton production to fall by 1 pc due to lackluster rainfall: Fitc
Updated : 4 years, 6 months ago IST
Singapore, September 14 (ANI): Fitch Solutions said on Tuesday it expects cotton production in India to fall by one per cent year-on-year to 28.3 million 480lb bales in 2021-22 (previously two per cent growth) due to lacklustre rainfall throughout July and August, the main planting times.
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Fitch rates PFC's proposed EUR green bond BBB-minus
Updated : 4 years, 6 months ago IST
Hong Kong, Sep 10 (ANI): Fitch Ratings has assigned Power Finance Corporation's (PFC's) proposed Regulation S senior unsecured euro green bond a rating of BBB-minus.
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Indian banks' improved performance reflects deferred recognition of asset
Updated : 4 years, 6 months ago IST
London [UK], September 10 (ANI): Indian banks' improved performance for the financial year ended March 2021 (FY21) is in contrast to the stress evident from extension of Covid-19-related relief measures to borrowers, Fitch Ratings has said.
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Fitch forecasts strong growth for Nepal in FY22
Updated : 4 years, 6 months ago IST
Singapore, Sep 9 (ANI): Fitch Solutions has forecast Nepal's real GDP growth to strengthen to 5 per cent in FY22 (mid-July 2021to mid-July 2022) from the provisional estimate of 4 per cent in FY21.
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Fitch affirms Bharat Petroleum at BBB-minus with negative outlook
Updated : 4 years, 6 months ago IST
Singapore, September 7 (ANI): Fitch Ratings has affirmed Bharat Petroleum Corporation Ltd's (BPCL's) long-term foreign-currency issuer default rating at BBB-minus.
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Fitch maintains neutral outlook for gold prices in near term
Updated : 4 years, 6 months ago IST
Singapore, September 3 (ANI): Fitch Solutions said on Friday it expects gold prices to trade sideways over the coming months along with bouts of volatility as conflicting factors continue to affect the asset.
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Bharti's equity issuance to support deleveraging, fund 5G capex: Fitch
Updated : 4 years, 6 months ago IST
Singapore, September 1 (ANI): Bharti Airtel Ltd's planned USD2.8 billion equity issuance will improve its funds from operations (FFO) net leverage to around 2x and provide funds to strengthen its market position, according to Fitch Ratings.
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