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Fitch cuts India's FY22 GDP growth forecast to 8.7%
Thu, Oct 07, 2021
Fitch Ratings has cut India's economic growth forecast to 8.7 per cent for the current fiscal but raised GDP growth projection for FY23 to 10 per cent.
Slow land reforms posing downside risk for infra projects: Fitch Solutions
Thu, Dec 06, 2018
The slow pace of land reforms will continue to result in project delays and rising costs, posing a downside risk for the road and rail sectors, Fitch Solutions said Wednesday.
Fitch warns of ICICI downgrade if allegations against CEO proven
Tue, Apr 10, 2018
An investigation into allegations that ICICI Bank extended a loan with a potential conflict of interest raises question over the bank’s governance and creates reputational risks, says Fitch Ratings.
After Fitch, Moody's places PNB ratings under review for downgrade
Tue, Feb 20, 2018
The primary driver for today's rating action is the risk of weakening of the bank's standalone credit profile, as a result of the discovery of a number of fraudulent transactions
Asia stocks subdued as US tax cuts belt bonds
Thu, Dec 21, 2017
Asian markets offered a muted reaction on Thursday to the passage of U.S. tax cuts as benefits to company bottom lines were already baked into stock prices, while bonds were spooked by the blowout in government debt needed to fund the giveaways.
Reliance Communications dips over 2 percent as Fitch withdraws ratings
Wed, Dec 06, 2017
Reliance Communications stock today opened at Rs 11.10 and slumped 2.38 per cent to touch an intra-day low of Rs 11.07 on the BSE.
Fitch lowers India's 2017-18 growth forecast to 6.9%
Tue, Oct 03, 2017
Fitch said that economic activity "may have been disrupted" in 2Q17 by firms running down inventory ahead of the implementation of the Goods and Services Tax (GST) in July.
Fitch downgrades Reliance Communications
Thu, Jun 01, 2017
Antim Bazi : This segment of Zee Business brings to you discussion over the current situation of the market. Experts here also analysis the figures of different stocks. About Zee Business --------------------------
Fitch downgrades Belgian debt rating; 'stable' outlook
Sat, Dec 24, 2016
The ratings agency Fitch on Friday downgraded Belgium`s long-term debt rating one notch to AA-, citing growing levels of sovereign debt, but said the European nation`s outlook was stable.
Gas price cut may hurt Oil India, Fitch says
Wed, Oct 05, 2016
The recent gas price cut will cost Oil India Ltd’s (OIL) upstream gas operations, Fitch Ratings said.
WATCH: Top 5 stories of the day; From Brexit impact on global markets to FM Arun Jaitley to hold meeting on black money today
Tue, Jun 28, 2016
Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top five stories of the day: 1. Brexit aftermath on global markets continues
Fitch keeps 'stable' outlook for auto sector on lower costs
Sun, Jun 26, 2016
SIAM, in April, had revised downwards its growth forecast for passenger vehicle sales to 6-8% for the current fiscal.
Reforms to push India's growth to 8% by FY19: Fitch
Thu, May 26, 2016
Urban consumption is likely to be supported by a hike in civil servant wages, after the 7th Pay Commission recommended a wage rise of almost 24%.