Search For "fitch"
Indian cement makers' price hikes to support margins: Fitch
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 18 (ANI): The recent price increases by Indian cement companies will counter higher energy costs while the impact on profitability from a resurgence of coronavirus is likely to be limited, Fitch Ratings said on Tuesday.
Read More
India's investment-grade rating remains under strain: Fitch
Updated : 4 years, 10 months ago IST
London [UK], May 15 (ANI): Downside pressures on India's creditworthiness remain prominent and the ongoing health crisis will depress economic activity in the near term, Fitch Ratings has said.
Read More
UK hospitality to face staff shortages, margin pressures: Fitch
Updated : 4 years, 10 months ago IST
London [UK], May 14 (ANI): The UK hospitality sector is facing staff shortages as the pandemic restrictions are gradually lifted and demand returns, Fitch Ratings has said.
Read More
Global airport traffic rebounds but full recovery years away: Fitch
Updated : 4 years, 10 months ago IST
New York [USA], May 13 (ANI): Airport traffic is rebounding off of pandemic troughs in most countries though Fitch Ratings' latest quarterly Global Airport Tracker report says the proverbial runway to normal will not be in sight for years.
Read More
Fitch projects quick rebound for Bhutan's economy
Updated : 4 years, 10 months ago IST
Singapore, May 13 (ANI): Fitch Solutions has revised its real GDP growth forecasts for Bhutan to minus 2.4 per cent in the calendar year 2020 and 2.9 per cent in 2021 from minus 3.5 per cent and 4.7 per cent previously.
Read More
Indian IT services to expand strongly defying pandemic: Fitch
Updated : 4 years, 10 months ago IST
Singapore, May 12 (ANI): A robust digital-transformation order pipeline will support Indian IT services companies' stronger revenue growth in the financial year ending March 2022 (FY22), according to Fitch Ratings.
Read More
RBI's relief to postpone financial stress from Covid-19 surge: Fitch
Updated : 4 years, 10 months ago IST
Singapore, May 10 (ANI): There are growing indications that India's latest wave of Covid-19 infections will add to risks among financial institutions (FIs) by sapping near-term momentum from the economic recovery, according to Fitch Ratings.
Read More
India to see fiscal deficit slippage in FY22: Fitch
Updated : 4 years, 10 months ago IST
Singapore, May 7 (ANI): Fitch Solutions on Friday revised its forecast for India's deficit to 8.3 per cent of GDP in FY22 (April 2021 to March 2022) from 8 per cent previously.
Read More
Moody's, Fitch assign stable outlook to JSW Hydro's proposed senior notes
Updated : 4 years, 10 months ago IST
Singapore, May 6 (ANI): Moody's Investors Service has assigned a provisional Ba1 rating to the proposed 10-year USD senior secured notes to be issued by JSW Hydro Energy Ltd.
Read More
A-Pac growth outlooks diverge amid recovery from pandemic shock
Updated : 4 years, 10 months ago IST
Hong Kong, May 3 (ANI): Asia Pacific economies are recovering from the initial shock of the Covid-19 pandemic but intra-regional disparities in the magnitude of shock and durability of growth outlooks are increasingly evident, Fitch Ratings has said.
Read More
Fitch downgrades Future Retail to restricted default on DDE
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 1 (ANI): Fitch Ratings has downgraded Future Retail Ltd's (FRL's) long-term issuer default rating to 'restricted default' from 'distressed' following the company's announcement that it has completed restructuring of bulk of its onshore debt.
Read More
Fitch affirms India at BBB-minus, Covid not to derail economic recovery
Updated : 4 years, 10 months ago IST
Hong Kong, April 23 (ANI): Fitch Ratings has affirmed India's long-term foreign-currency issuer default rating (IDR) at BBB-minus and said the surging second wave of Covid-19 might delay GDP recovery but will not derail the economy.
Read More