Fitch Ratings

India's economy poised for recovery supported by vaccine rollout: Fitch

India's economy poised for recovery supported by vaccine rollout: Fitch

Fitch Ratings expects India's economy to contract by a record 9.4 per cent in the current fiscal year ending March 2021 (FY21) amid the s...Read More

Price hike to dampen demand recovery for Indian automakers: Fitch Ratings

Price hike to dampen demand recovery for Indian automakers: Fitch Ratings

Festive demand helped sustain the growth after September but the pace slowed to 5 per cent in November from 14 per cent in October.

Aviation sector recovery to be gradual, says Fitch

Aviation sector recovery to be gradual, says Fitch

Mumbai: Fitch Ratings expects average revenue passenger kilometres for India's airlines to remain 40 per cent below 2019 levels in 2021 d...Read More

Fitch raises India's FY21 GDP forecast to (-) 9.4%

Fitch raises India's FY21 GDP forecast to (-) 9.4%

"We now expect GDP to contract 9.4 per cent in fiscal year to end March 2021, followed by (+) 11 per cent and (+) 6.3 per cent in the fol...Read More

Fitch Ratings says weak oil refining margins to put pressure on fuel retailers

Fitch Ratings says weak oil refining margins to put pressure on fuel retailers

Fitch Ratings on Monday said state-owned oil refiners IOC, BPCL and HPCL may see longer than previously expected time to recover refining...Read More

10 Indian companies maybe at the risk of becoming fallen angels in APAC region

10 Indian companies maybe at the risk of becoming fallen angels in APAC region

Nearly half of 'BBB-' rated issuers in the APAC region having low rating headroom, are at the risk of becoming fallen angels, stated Fitc...Read More

Fitch revises outlook of IOC, NTPC among other state-owned firm to negative

Fitch revises outlook of IOC, NTPC among other state-owned firm to negative

The PSUs whose rating outlook has been revised include IOC, Bharat Petroleum Corp Ltd (BPCL), Oil India Ltd (OIL), GAIL India Ltd, Power ...Read More

Fitch Ratings revises outlook of 9 Indian banks' IDRs to negative

Fitch Ratings revises outlook of 9 Indian banks' IDRs to negative

Fitch Ratings has revised the outlook to negative from stable on long-term issuer default ratings (IDRs) of nine India-based banks while ...Read More

Amid coronavirus pandemic, Fitch Ratings revises India's outlook to negative from stable

Amid coronavirus pandemic, Fitch Ratings revises India's outlook to negative from stable

Fitch Ratings on Thursday revised India's outlook to 'negative' from 'stable', stating that the coronavirus pandemic has significantly we...Read More

Indian economy to grow at 9.5% in next fiscal: Fitch Ratings

Indian economy to grow at 9.5% in next fiscal: Fitch Ratings

The coronavirus pandemic will lead to shrinking of the already slowing economy in 2020-21 that started in April. Fitch Ratings forecast a...Read More

Fitch says RBI's liquidity support for MFs may struggle to be effective

Fitch says RBI's liquidity support for MFs may struggle to be effective

The Reserve Bank of India's liquidity support for mutual funds may struggle to be effective, as its success will hang on banks' appetite ...Read More

India's rating could come under pressure if the fiscal outlook deteriorates: Fitch

India's rating could come under pressure if the fiscal outlook deteriorates: Fitch

Fitch Ratings on Tuesday said India's sovereign rating could come under pressure if there is further deterioration in fiscal outlook as a...Read More

COVID-19: Fitch sees global economy shrinking 3.9% in 2020

COVID-19: Fitch sees global economy shrinking 3.9% in 2020

Describing the coronavirus-induced recession as "unparalleled", Fitch Ratings has massively slashed its global growth forecast, saying th...Read More

Facebook’s $5.7 bn investment to help Reliance monetise platforms, deleverage: Fitch

Facebook’s $5.7 bn investment to help Reliance monetise platforms, deleverage: Fitch

Facebook Inc's USD 5.7 billion investment in Jio Platforms, subsidiary of Reliance Industries Ltd (RIL), will help to monetise the digita...Read More

Fitch cuts India's FY21 GDP growth forecast to 0.8%

Fitch cuts India's FY21 GDP growth forecast to 0.8%

Fitch Ratings on Thursday slashed its GDP growth projection for India by 120 basis points to 0.8% for 2020-21 (Apr-Mar). The rating agen...Read More

Current monetary easing insufficient, India needs more, says Fitch Solutions

Current monetary easing insufficient, India needs more, says Fitch Solutions

The monetary easing measures by the Reserve Bank of India so far are insufficient to revive the Indian economy, which has taken hit from ...Read More

Covid-19: Multi-notch sovereign ratings downgrade likely in 2020, says Fitch

Covid-19: Multi-notch sovereign ratings downgrade likely in 2020, says Fitch

Fitch Ratings on Tuesday said multi-notch downgrades of sovereign ratings are likely during 2020 due to the coronavirus outbreak and shar...Read More

LIC listing may get delayed: Fitch

LIC listing may get delayed: Fitch

New Delhi: The Indian government's proposed IPO of state-owned Life Insurance Corporation of India (LIC) will improve the accountability ...Read More

RBI loan forbearance may defer banks' asset quality pressure: Fitch

RBI loan forbearance may defer banks' asset quality pressure: Fitch

Mumbai: Fitch Ratings cautioned that the Reserve Bank of India's leeway to banks for restructuring loans to micro, small and medium enter...Read More

Vodafone, Bharti Airtel to be affected as SC rejects AGR review plea: Fitch Ratings

Vodafone, Bharti Airtel to be affected as SC rejects AGR review plea: Fitch Ratings

The apex court's ruling will also have significant repercussions for India's banking sector as well as the country's broader economic out...Read More

Free Press Journal

www.freepressjournal.in