scorecardresearch
Wednesday, March 27, 2024
TopicFitch ratings

Topic: Fitch ratings

Fitch Ratings raises India’s GDP forecast to 6.3% for FY24 on robust growth in first quarter

MUMBAI (Reuters) - Fitch Ratings raised its growth forecast for the Indian economy to 6.3% for the current fiscal year, from 6% earlier, on the back of robust growth in the first quarter and strong

4 ways a US debt default could affect you — and your money

A US debt default—even a short debt ceiling breach—is expected to push the US economy into a recession.

India set to remain among fastest growing economies, but fiscal challenges remain, says Fitch Ratings

While highlighting the economy's resilience and impending private sector investment growth, the ratings agency also highlights an uneven reform record of the Indian govt.

Capex trend of corporates likely to grow at 10-12% in FY24, says Fitch Ratings

Capex was flat over FY19 to FY21 and grew 16% in FY22. The forecasts are for 8 state owned enterprises and 21 privately held Fitch-rated corporates in India.

SEBI orders Indian credit agency Brickwork Ratings to shut down

The Securities and Exchange Board of India (SEBI) cancelled the certificate of registration of the credit rating agency due to repeated lapses in the functioning.

Fitch Ratings cuts India’s growth forecast to 7% from 7.8% for FY23

The rating agency said the world GDP will grow by just 1.7 per cent in 2023, 1 percentage point lower than previous estimates.

Fitch Ratings lowers India’s GDP growth forecast to 7.8% from 8.5% for 2022-23

“This is a downward revision from our 8.5% forecast in March as inflationary impacts of global commodity price shock are dampening some of the positive growth momentum,” the ratings agency said.

Fitch Ratings cut India’s growth forecast to 10% from estimate of 12.8% for current fiscal

New Delhi: Fitch Ratings on Wednesday cut India's growth forecast to 10 per cent for the current fiscal, from 12.8 per cent estimated earlier,...

Moody’s projects 11.5% contraction of Indian economy this fiscal, cites low credit growth

The investor service said India's credit profile is increasingly constrained by low growth and high debt burden, which have been exacerbated by the pandemic.

Fitch Ratings project 10.5% contraction of Indian economy this fiscal year

India's GDP shrank by a staggering 24 per cent year-on-year amid the imposition of one of the most stringent global nationwide lockdown.

On Camera

Mamata Shankar stuck in Dark Ages. Gen Z showing India there’s no one way to wear a saree

In an interview with Anandabazar Patrika Shankar waxed eloquent about her many objections to the pallu not covering the bosom area of Gen Z women. She called them ‘women of the street’.

Why Tamil Nadu’s women make up nearly half of India’s female factory workforce

With an educated & skilled workforce, Tamil Nadu has a burgeoning industrial sector which has scored massive investments in automobiles, electronics, and even footwear.

Taiwan reports Chinese military activity around the island

Taiwan has detected a total of 301 Chinese military aircraft and 165 Chinese naval vessels so far in 2024.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.