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India To See Higher Consumer Spending With Ease In Inflation: Rating Agency Fitch
Putting an end to the debate on India's growth based on the government's capex push, global rating agency Fitch Ratings said that consumer spending will increase with elevated consumer confidence, a sign of enhanced income for people.
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Ratings Agency Fitch Downgrades China Credit Outlook Over Debt Fears
Ratings agency Fitch said Wednesday it had downgraded China's sovereign credit outlook to negative, citing increased risks to the country's public finances, in a move Beijing swiftly called "regrettable".
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US Debt: What Does The Loss Of Triple A Rating Mean
Fitch has downgraded its credit rating for the United States, becoming the second of the top-three ratings agencies to strip the country of a top AAA rating. The impact upon the world's top economy is likely to be just symbolic, at least immediately.
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Fitch Downgrades US Credit Rating, White House Says "Defies Reality"
Fitch downgraded the United States' top-notch credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs.
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Fitch Downgrades Pakistan's Rating, Warns Default A 'Real Possibility'
The beleaguered Pakistani economy faces substantial credit risks with "critically low levels" of foreign exchange reserves, New York-based global ratings agency Fitch said on Tuesday.
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Bitcoin Legalisation, Crypto Uncertainty Drag Down El Salvador's Fitch Ratings
El Salvador has risked scoring funds from the IMF programme that would unlock financing for 2022-23, causing its ratings on Fitch to drop to “junk grade”. In its report, Fitch Ratings said that adopting Bitcoin as a legal tender was not surely an economically viable decision for the country.
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Stocks to Watch Today: Axis Bank, Canara Bank, NBCC
List of Stocks in Focus Today: The credit rating agency Fitch Ratings re-affirmed the Long-Term Issuer Default Rating (IDR) of the private sector bank as BB+ with negative outlook
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Coronavirus Crisis: Rating Agencies Peg Contraction In India's GDP At Up To 11.8% In 2020-21
Days after official data showed India's GDP or gross domestic product shrank a record 23.9 per cent in the April-June period, economists have pegged overall economic contraction for the full financial year 2020-21 above 10.5 per cent. In its Global Economic Outlook report released on Monday, credit ratings major Fitch said it expects the country's ...
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Adani Takes Control Of Mumbai Airport, No Mention Of COVID-19 Impact
Credit rating agency Fitch in a note last month forecast consolidation in the Indian aviation sector and warned of a slow rebound in demand
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PNB's Viability Rating Down, Says Credit Rating Agency
Fitch Ratings has downgraded the viability rating (VR) of state-owned Punjab National Bank (PNB) to 'b' from 'bb-' and maintained it on rating "watch negative" (RWN).
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Fitch Holds India's Sovereign Rating At Lowest Investment Grade
Global credit rating agency Fitch projected India's growth at 7.3 per cent in the current fiscal year and further to 7.5 per cent in 2019-20. Growth is projected to be 6.7 per cent in the last fiscal year, which ended on March 31, 2018.
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Fitch Lowers India's Growth Forecast To 6.9% From 7.4% For FY18
The credit rating agency expects economic activity to accelerate in second half of fiscal year.
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Reliance Communications Disagrees With New Moody's, Fitch Ratings Downgrades
The ratings agencies reinforced market doubts about RCom's long-term debt, and its ability to pull off the two deals, sending shares down 4 percent.
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RCom Shares Fall After Rating Downgrades
Credit rating agencies Moody's and Fitch downgraded the company to default levels, their second rating cut in as many weeks.
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Fitch Forecasts UK Investment To Drop 5% Next Year After Brexit Hit
Credit ratings agency Fitch forecast on Wednesday that investment in the British economy will fall 5 per cent next year, two days after it downgraded Britain's credit rating after last week's vote to leave the European Union.
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India To See Higher Consumer Spending With Ease In Inflation: Rating Agency Fitch
Putting an end to the debate on India's growth based on the government's capex push, global rating agency Fitch Ratings said that consumer spending will increase with elevated consumer confidence, a sign of enhanced income for people.
-
Ratings Agency Fitch Downgrades China Credit Outlook Over Debt Fears
Ratings agency Fitch said Wednesday it had downgraded China's sovereign credit outlook to negative, citing increased risks to the country's public finances, in a move Beijing swiftly called "regrettable".
-
US Debt: What Does The Loss Of Triple A Rating Mean
Fitch has downgraded its credit rating for the United States, becoming the second of the top-three ratings agencies to strip the country of a top AAA rating. The impact upon the world's top economy is likely to be just symbolic, at least immediately.
-
Fitch Downgrades US Credit Rating, White House Says "Defies Reality"
Fitch downgraded the United States' top-notch credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs.
-
Fitch Downgrades Pakistan's Rating, Warns Default A 'Real Possibility'
The beleaguered Pakistani economy faces substantial credit risks with "critically low levels" of foreign exchange reserves, New York-based global ratings agency Fitch said on Tuesday.
-
Bitcoin Legalisation, Crypto Uncertainty Drag Down El Salvador's Fitch Ratings
El Salvador has risked scoring funds from the IMF programme that would unlock financing for 2022-23, causing its ratings on Fitch to drop to “junk grade”. In its report, Fitch Ratings said that adopting Bitcoin as a legal tender was not surely an economically viable decision for the country.
-
Stocks to Watch Today: Axis Bank, Canara Bank, NBCC
List of Stocks in Focus Today: The credit rating agency Fitch Ratings re-affirmed the Long-Term Issuer Default Rating (IDR) of the private sector bank as BB+ with negative outlook
-
Coronavirus Crisis: Rating Agencies Peg Contraction In India's GDP At Up To 11.8% In 2020-21
Days after official data showed India's GDP or gross domestic product shrank a record 23.9 per cent in the April-June period, economists have pegged overall economic contraction for the full financial year 2020-21 above 10.5 per cent. In its Global Economic Outlook report released on Monday, credit ratings major Fitch said it expects the country's ...
-
Adani Takes Control Of Mumbai Airport, No Mention Of COVID-19 Impact
Credit rating agency Fitch in a note last month forecast consolidation in the Indian aviation sector and warned of a slow rebound in demand
-
PNB's Viability Rating Down, Says Credit Rating Agency
Fitch Ratings has downgraded the viability rating (VR) of state-owned Punjab National Bank (PNB) to 'b' from 'bb-' and maintained it on rating "watch negative" (RWN).
-
Fitch Holds India's Sovereign Rating At Lowest Investment Grade
Global credit rating agency Fitch projected India's growth at 7.3 per cent in the current fiscal year and further to 7.5 per cent in 2019-20. Growth is projected to be 6.7 per cent in the last fiscal year, which ended on March 31, 2018.
-
Fitch Lowers India's Growth Forecast To 6.9% From 7.4% For FY18
The credit rating agency expects economic activity to accelerate in second half of fiscal year.
-
Reliance Communications Disagrees With New Moody's, Fitch Ratings Downgrades
The ratings agencies reinforced market doubts about RCom's long-term debt, and its ability to pull off the two deals, sending shares down 4 percent.
-
RCom Shares Fall After Rating Downgrades
Credit rating agencies Moody's and Fitch downgraded the company to default levels, their second rating cut in as many weeks.
-
Fitch Forecasts UK Investment To Drop 5% Next Year After Brexit Hit
Credit ratings agency Fitch forecast on Wednesday that investment in the British economy will fall 5 per cent next year, two days after it downgraded Britain's credit rating after last week's vote to leave the European Union.
