Last month, another global rating agency Moody's Investors Service had affirmed India's sovereign rating and upgraded the country's outlook to ‘stable’, from ‘negative’.
Published on Nov 16, 2021 09:18 PM IST
Written by Joydeep Bose | Edited by Avik Roy, Hindustan Times, New Delhi
The banks have so far managed to avert further pressure on their weak core capitalisation on the back of regulatory forbearance, limited risk underwriting and lower credit growth.
Published on Feb 08, 2021 02:40 PM IST
ANI | , Mumbai
Risks to the growth outlook appear to have eased in recent weeks as vaccine rollouts began in other parts of the world.
Published on Jan 11, 2021 11:37 AM IST
ANI | , New York
Fitch Ratings raised India’s GDP forecast to -9.4 per cent in the current fiscal year to March 2021 from a previously projected contraction of 10.5 per cent.
Updated on Dec 08, 2020 10:55 AM IST
New Delhi |Press Trust of India| Posted by Mallika Soni
This comes on the back of India recording one of the sharpest GDP contractions (-23.9%) in the world in April-June.
Updated on Sep 08, 2020 11:28 AM IST
New Delhi |Press Trust of India | Posted by Karan Manral
Fitch said US productive potential growth has been revised to 1.4% from 1.9%, the UK to 0.9% from 1.6% and the eurozone (weighted average of Germany, France, Italy and Spain) to 0.7% from 1.2% .
Updated on Jul 31, 2020 11:51 AM IST
London |Asian News International | Posted by Kanishka Sarkar
The world economy entered the second half of 2020 still deeply weighed down by the pandemic. The coronavirus recession is expected to still see GDP levels in the largest advanced economies remain around 3% to 4% below their pre-virus trend path by the middle of this decade, Fitch said.
Updated on Jul 28, 2020 10:34 AM IST
Fitch expected economic activity to contract by 5 per cent in the fiscal year ending March 2021 (FY21) due to the strict lockdown measures imposed since March 25, before rebounding by 9.5 per cent in FY22.
Updated on Jun 18, 2020 10:23 AM IST
New Delhi |Press Trust of India | Posted by Prashasti Singh
Raw material availability and price risks may escalate in 4QFY20. Ind-Ra expects overall steel sales volumes and margins to weaken further in the ongoing quarter.
Published on Sep 04, 2019 01:29 PM IST
livemint, New Delhi |Staff Writer
This is the 13th year in a row that global rating agency Fitch has rated India at ‘BBB-’. It had last upgraded India’s sovereign rating from ‘BB+’ to ‘BBB-’ with a stable outlook on August 1, 2006.
Updated on Apr 04, 2019 05:04 PM IST
New Delhi |Press Trust of India