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Fitch Ratings India News
Fitch Ratings India
Budget to indicate new govt's intent on stepping up reforms, sticking to fiscal discipline: Fitch
Fri, May 24, 2019
Fitch said reduced uncertainty should improve business sentiment and private investment, which may help arrest the deterioration seen in some investment-related economic indicators in recent months, such as cement and steel production.
Fitch flags high joblessness, rural distress due to GDP growth deceleration
Thu, Apr 04, 2019
The agency, which also affirmed the sovereign rating at BBB- with stable outlook, said the Reserve Bank will be on hold for the remainder of 2019 after Thursday's second consecutive 0.25 percent rate cut.
Did Fitch just threaten to downgrade India's rating?
Thu, Dec 13, 2018
Reflecting foreign investor concern at the circumstances in which previous RBI Governor Urjit Patel quit office, Fitch Ratings on Wednesday said the resignation highlights the risks to the central bank`s policy priorities.
Fitch Ratings lowers India's FY19 growth forecast to 7.2%
Fri, Dec 07, 2018
"We have lowered our growth forecasts on weaker-than-expected momentum in the data, higher financing costs and reduced credit availability," the agency said in its Global Economic Outlook for December.
Fitch credit rating for India remains unchanged for 12th year in a row
Thu, Nov 15, 2018
Fitch had last upgraded India's sovereign rating from BB+ to BBB- with a stable outlook on August 1, 2006. "Fitch Ratings has affirmed India's long-term foreign-currency issuer default rating (IDR) at 'BBB-' with a Stable Outlook," it said in a statement.
Fitch ups India's growth forecast to 7.4% for FY'19; cites oil prices as risk
Thu, Jun 14, 2018
Fitch forecast global oil price to remain around USD 70 per barrel in 2018, up from USD 54.9 a barrel last year. It said it expects oil price to cool to USD 65 a barrel next year.
India has a strong medium-term growth outlook, Fitch Ratings says
Fri, Apr 07, 2017
Fitch Ratings said that its continues to rate India as BBB- or 'stable' on account of strong medium-term growth outlook and favourable external balances against weak fiscal position and a business environment which is still difficult.