Search For "ratings"
India's GDP may contract by 6.4 pc in FY21: Care Ratings
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 2 (ANI): Care Ratings on Thursday revised India's GDP growth forecast for the current financial year to minus 6.4 per cent as economic activity continues to be impacted by the Covid-19 induced countrywide lockdown.
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India's NBFI liquidity and asset-quality risks remain elevated: Fitch
Updated : 5 years, 8 months ago IST
Singapore, July 2 (ANI): India's non-bank financial institutions (NBFIs) will continue to face elevated near-term risks even as economic activity picks up with the easing of the country's nationwide lockdown, according to Fitch Ratings.
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States' GSDP to contract up to 14 pc in FY21: Ind-Ra
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 29 (ANI): India Ratings and Research (Ind-Ra) expects the gross state domestic product (GSDP) of all states in India to contract during the current financial year in the range of 1.4 to 14.3 per cent.
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Ind-Ra downgrades Haldia Petrochemicals to AA-minus with negative outlook
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 29 (ANI): India Ratings and Research (Ind-Ra) on Monday downgraded Haldia Petrochemicals Ltd's (HPL's) long-term issuer rating to AA-minus from AA while resolving the rating watch negative (RWN).
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S&P downgrades four Indian NBFCs on weakening economic conditions
Updated : 5 years, 8 months ago IST
Singapore, June 27 (ANI): S&P Global Ratings has downgraded ratings on four Indian finance companies on weak economic conditions due to Covid-19 and affirmed ratings on two others.
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Continued decline in all-India power demand affecting thermal PLFs: Ind-Ra
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 27 (ANI): The all-India energy demand decreased 14.9 per cent year-on-year to 102.7 billion units in May while energy supply also decreased 14.9 per cent, resulting in the energy deficit remaining at 0.5 per cent (May 2019: 0.4 per cent), according to India
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India's economy in deep trouble, growth may contract 5 pc in FY21: S&P
Updated : 5 years, 8 months ago IST
Singapore, June 26 (ANI): S&P Global Ratings said on Friday that Indian economy is in deep trouble with growth expected to contract by 5 per cent in the current financial year 2020-21.
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Asia Pacific telecoms on course for muted growth, 5G delays: Fitch
Updated : 5 years, 8 months ago IST
Singapore, June 26 (ANI): The average revenue growth for Asia Pacific telecom sector will be flat to low-single-digit this year (2019: 4 per cent) before recovering to pre-pandemic levels in 2021, according to Fitch Ratings.
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GDP to contract by 5.3 pc in FY21 due to Covid-19 woes: Ind-Ra
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 24 (ANI): India's gross domestic product (GDP) will contract by 5.3 per cent year-on-year in the current financial year (FY21), marking the lowest growth rate in the country's history and sixth instance of economic contraction, India Ratings and Research (I
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Fitch revises Indian GREs' and HPCL's outlook to negative, affirms IDRs at
Updated : 5 years, 8 months ago IST
Singapore, June 23 (ANI): Fitch Ratings has revised the outlook on long-term issuer default ratings of six rated Indian government-related entities to negative from stable.
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Fitch revises outlook on 9 Indian banks' IDRs to negative
Updated : 5 years, 8 months ago IST
Singapore, June 22 (ANI): Fitch Ratings has revised the outlook to negative from stable on long-term issuer default ratings (IDRs) of nine India-based banks while affirming their IDRs, support ratings and support rating floors.
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A-Pac banks rating actions highlight importance of sovereign support: Fitc
Updated : 5 years, 9 months ago IST
Hong Kong, June 19 (ANI): Asia Pacific emerging market (EM) banks whose ratings benefit from sovereign support could be affected if the economic impact of coronavirus deepens and governments' policy responses fail to adequately mitigate risks to the economy, Fitch Ratings has said.
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