Page 4 - Fitch Ratings

Little fiscal headroom for govt to respond to future shocks: Fitch

Rating agency says it revised Outlook on India's rating to Negative from Stable in June 2020, partly due to its assumptions about pandemic impact on public finance metrics

India's fuel demand will continue to recover through this quarter: Fitch

India's fuel demand will continue to recover through the current quarter as the easing of Covid-19 pandemic-related restrictions boosts economic activity, Fitch Ratings said on Monday

Rising Covid cases may add to asset quality risks of NBFIs: Fitch

Fitch Ratings on Friday said the rising COVID cases may delay recovery in MSME and microfinance lending, and add to asset quality risks of non-banking financial institutions.

Fitch downgrades Sri Lanka's sovereign rating to 'CC' from 'CCC'

Fitch has downgraded Sri Lanka's sovereign rating to 'CC' from 'CCC', saying there is an increased probability of a default in coming months.

Evergrande, Kaisa rated 'restricted default' by Fitch after missed payment

Cross defaults triggered for both companies, says rating agency

Fitch raises outlook for India auto loans to 'neutral' from 'deteriorating'

Economic recovery supports stable asset performance

Top headlines: Farmers call off protest; WHO advisory on booster shots

Business Standard brings you the top stories on Thursday

Fitch Ratings cut India's FY22 economic growth forecast to 8.4%

It raised GDP growth projections to 10.3 per cent, from the earlier expected 10 per cent for the next fiscal year (2022-23)

Turkish lira weakens after Fitch downgrades outlook to 'negative'

The currency slumped to an all-time low 14.0 this week after President Tayyip Erdogan defended the low-rate economic policy.

Axis Bank stock gains after Fitch affirms rating at 'BB+'

The ratings agency has maintained 'Negative' on the bank's long-term IDR

Fitch affirms Bharti Airtel at 'BBB-'; outlook negative

Fitch has also affirmed Bharti Airtel International (Netherlands) BV's senior unsecured guaranteed bonds at 'BBB-' and Network i2i Limited's subordinated perpetual bond at 'BB'

Rating assessment of India focused on medium-term debt trajectory: Fitch

"We view the persistent level of core inflation and energy price developments, along with global price pressures, as carrying upside risk for our inflation outlook," said Zook,.

Experts analyse Sebi IPO rules, Fitch outlook and their impact on markets

Sebi has proposed tighter rules around the use of IPO proceeds. And, Fitch Ratings has retained India's ratings at the lowest investment grade. How will these impact the primary market? Let's find out

LIVE: ED chief gets one-year tenure extension till November 18, 2022

This, days after the Centre brought ordinances to allow ED and CBI directors to occupy the office up to five years

Fitch's rating disappointing but investors see future in India, its reforms

India's economy can expect a minimum rating of A given that all debt is in rupees and there is no external risk posed.

Fitch refuses to do a Moody's, retains India's outlook at negative

Also retains ratings at the lowest investment grade

China developer Modern Land fails to repay $250-million bond

Fitch Ratings downgraded Modern Land to restricted default from C late Tuesday following the payment miss

Does India have a case for the upgrade it seeks from rating agencies?

The economy is yet to reach pre-pandemic level on many fronts, fiscal deficit and debt-to-GDP ratio remain pain points; however, key reforms could work in the country's favour

Fitch cuts GDP growth projections to 8.7% for FY22 from 10% earlier

A day ahead of policy review, it expects RBI to hold policy rates during FY22

Fitch cuts India's FY22 GDP forecast to 8.7%, but pegs FY23 growth at 10%

Fitch Ratings said India''s 'BBB-/Negative' sovereign rating 'balances a still-strong medium-term growth outlook and external resilience from solid foreign against high public debt, a weak financial