Singapore, June 22 (ANI): The recently announced electric vehicle (EV) incentives by India along with high fuel prices will be supporting factors for stronger adoption of EVs over 2020-2023, leading to an average annual growth rate of 26 per cent, Fitch Solutions said on Tuesday.
Singapore, June 18 (ANI): Capex intensity and the pace of receivables collection from distribution companies will dictate ratings trajectory for Greenko Energy Holdings and ReNew Power, Fitch Ratings has said in a new report.
Hong Kong, June 17 (ANI): Global inflation trends and associated risks around interest rates and exchange rates may have direct sovereign credit implications, Fitch Ratings has said adding that a critical question for government debt sustainability is how inflation will affect debt/GDP ratio
Singapore, June 16 (ANI): Fitch Ratings has affirmed Adani Ports and Special Economic Zone Ltd's (APSEZ's) long-term foreign currency issuer default rating at BBB-minus.
Singapore, June 15 (ANI): Fitch Ratings has assigned Wipro Ltd long-term foreign and local currency issuer default ratings and foreign currency senior unsecured rating of A-minus.
Mumbai (Maharashtra) [India], June 15 (ANI): Indian pharmaceutical companies' sales will grow robustly in the financial year ending March 2022 (FY22) as sales normalise in categories affected by the pandemic in previous year, Fitch Ratings has said.
Singapore, June 14 (ANI): Fitch Solutions said on Monday it expects the rupee to continue trading in a range between INR72.30/USD and INR75/USD over the remainder of the year.
Mumbai (Maharashtra) [India], June 12 (ANI): A less severe economic impact from the pandemic's second wave and resilient buyer sentiment will support a swift rebound in India's automotive demand after curbs are eased, according to Fitch Ratings.
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.