Singapore, March 25 (ANI): Driven by the sustained demand for housing and supportive government policy, residential building will see a strong rebound in 2021 and robust growth over the coming decade, according to Fitch Solutions.
Singapore, March 18 (ANI): Fitch Solutions on Thursday revised its forecast for Indian rupee to average Rs 73.50 per US dollar in 2021, slightly stronger from Rs 75.50 per US dollar previously, which reflects its view for the rupee to mostly trade sideways over the course of year.
Singapore, March 16 (ANI): Fitch Ratings on Tuesday affirmed IIFL Finance Ltd's long-term issuer default rating at B-plus and removed the rating from rating watch negative (RWN).
Singapore, March 15 (ANI): Fitch Ratings on Monday assigned Clean Renewable Power (CRP) Mauritius Pte Ltd's proposed US dollar senior secured notes due 2027 an expected rating of BB-minus with a stable outlook.
London [UK], March 13 (ANI): Government support for banks in emerging markets (EMs) is unlikely to weaken materially despite greater adoption of bank resolution regimes, Fitch Ratings has said.
Singapore, March 12 (ANI): There is no credit impact on Adani Ports and Special Economic Zone (APSEZ) from its proposed acquisition of a minority 31.5 per cent stake in Gangavaram Port Ltd (GPL) from Warburg Pincus Llc, according to Fitch Ratings.
Mumbai (Maharashtra), March 8 (ANI): The impact of Covid-19 pandemic is likely to pose challenges to improving financial performance of Indian banks once asset-quality risks manifest in the financial year ending March 2022 (FY22), Fitch Ratings said on Monday.
Hong Kong, March 8 (ANI): Fitch Ratings has assigned Indian Railway Finance Corporation's (IRFC's) proposed US dollar Regulation senior unsecured notes a rating of BBB-minus.
Singapore, Mar 4 (ANI): Household spending in India is likely to grow by a real rate of 7.9 per cent year-on-year in 2021, marking an improvement from the negative 14 per cent contraction in 2020, Fitch Solutions said on Thursday.
London [UK], February 26 (ANI): Global container shipping companies' performance will be strong in 2021 after a profitable 2020, according to Fitch Ratings.
Singapore, February 23 (ANI): Fitch Ratings said on Tuesday the proposed reorganisation plan by Reliance Industries Ltd (RIL) to transfer its refining, marketing and petrochemical (oil-to-chemicals) businesses to a wholly-owned subsidiary as a step towards facilitating participation by strat