Hong Kong, June 9 (ANI): The recent acceleration of vaccinations in parts of Asia can reduce risk of setbacks to economic recoveries and public finances associated with further waves of Covid-19 pandemic provided that it is sustained, Fitch Ratings said on Wednesday.
Singapore, June 8 (ANI): Fitch Solutions on Tuesday held an optimistic outlook for the Indian consumer over 2021 with real growth in household spending forecast at 9.1 per cent year-on-year.
Mumbai (Maharashtra), June 7 (ANI): The Indian government's plan to privatise two state-owned banks in current financial year (FY22 ending March 2022) can face delays amid renewed challenges for banking sector, Fitch Ratings said on Monday.
Singapore, June 5 (ANI): Fitch Solutions has maintained FY21 (mid-July 2020 to mid-July 2021) real GDP growth forecast for Nepal at 2 per cent and forecast growth of 3.5 per cent in FY22.
Singapore, June 4 (ANI): Fitch Ratings expects the impact of India's second Covid-19 wave on majority of its rated corporate universe to be manageable.
Hong Kong, May 27 (ANI): Fitch Ratings has affirmed Indian Railway Finance Corporation Ltd's (IRFC's) long-term foreign and local currency issuer default ratings at BBB-minus.
Singapore, May 24 (ANI): Fitch Solutions has revised up its global steel price short-term forecast to an average of USD 800 per tonne compared with USD 660 per tonne previously as the persisting mismatch between supply and demand continues to edge prices higher.
London [UK], May 22 (ANI): The broader adoption of general-purpose central bank digital currencies (CBDCs) will present authorities with trade-offs between the associated risks and benefits, according to Fitch Ratings.
Singapore, May 21 (ANI): Fitch Ratings has assigned Oravel Stays (OYO) a first-time expected long-term foreign and local currency issuer default rating of B(EXP).
Singapore, May 20 (ANI): Fitch Ratings has revised the outlook on JSW Steel (JSWS) issuer default rating to positive from negative while affirming the IDR at BB-minus.
Singapore, May 19 (ANI): Fitch Ratings has said the restructuring plan by Adani Transmission Ltd (ATL) will be credit neutral and unlikely to lead to any change to the company's ratings.