India to grow at 7.8% in 2015, surpass China: Fitch
Among the BRICS grouping, GDP growth will range from 7.8 per cent in India to a contraction of 3 per cent in Russia and 1.5 per cent in Brazil this year, said the Global Economic Outlook released by the Fitch Ratings.
Jun 30, 2015, 21:58 PM IST
Greece crisis poses risk to Eurozone economic recovery: Fitch
In its Global Economic Outlook report released today, Fitch said a weaker exchange rate, low oil prices, strengthening confidence, quantitative easing and improved credit conditions support growth.
Jun 30, 2015, 21:56 PM IST
Weak public finances strain India's rating upgrade: Fitch
Government's reform initiatives have unlocked Indian "economy's dynamism" but weak public finances continue to remain a strain on any rating upgrade, global ratings firm Fitch said on Monday.
Jun 22, 2015, 20:55 PM IST
Fitch withdraws rating on India's G-Secs; affirms 'BBB-' grade
Fitch on Friday affirmed its 'BBB-' rating, indicating investment grade, while withdrawing all of issue ratings assigned to the government's unsecured debt following recent regulatory changes by Sebi.
May 29, 2015, 20:54 PM IST
Fitch retains BBB- rating on IDFC despite asset quality risks
Rating agency Fitch on Friday affirmed 'BBB-' rating with a stable outlook on infra lender IDFC -- which is racing to convert itself as a commercial bank -- despite the company facing severe asset quality issues.
May 29, 2015, 19:34 PM IST
Fitch keeps Greece`s high-risk rating as default looms
Fitch Ratings affirmed the "CCC" rating it gave the debt-riddled eurozone country in late March in a two-notch downgrade from "B."
May 16, 2015, 04:01 AM IST
Fitch warns of foreign funds exodus over retro tax
The data furnished by the National Securities Depository Limited (NSDL) showed that FPIs pumped-in only Rs 18.77 crore or USD 3.01 million into primary and other markets for the week under review.
May 09, 2015, 13:47 PM IST
MAT row may lead FPIs to think twice before investing: Fitch
Expressing concerns over Foreign Portfolio Investors facing MAT demand, global rating agency Fitch on Friday said the controversy may prompt FPIs to think twice before investing in India.
May 08, 2015, 18:57 PM IST
Govt needs to reduce oil companies' burden over low margins: Fitch
Lower oil prices have reduced net margins of two state-owned upstream companies, Oil India Ltd and ONGC Ltd and the government needs to reduce the burden on them, credit rating agency Fitch said Friday.
May 08, 2015, 12:22 PM IST
Fitch, Moody's say India ratings not impacted by foreign outflows
Meanwhile, Moody`s, which revised India`s "Baa3" sovereign rating outlook to "positive" from "stable" last month, said its outlook reflects a 2-5 year horizon, rather than near-term growth outlook.
May 08, 2015, 10:23 AM IST
India better-off, less vulnerable to capital outflows: Fitch
Projecting an 8 percent growth for the current fiscal, rating agency Fitch on Thursday said India is less vulnerable to risks from capital flight, on account of of drop in oil prices and the government's reform agenda.
Apr 30, 2015, 18:04 PM IST
Property market to improve by March 2016: Fitch
"The property development sector (will) be a key beneficiary of reductions in housing loan interest rates by several domestic banks in April 2015," the agency said.
Apr 20, 2015, 11:42 AM IST
Fitch affirms IOC's BBB- rating with stable outlook
International ratings agency Fitch on Monday affirmed its 'BBB-' rating on country's largest oil marketer Indian Oil Corporation and also retained the 'stable' outlook on company's long-term foreign currency rating and unsecured debt.
Apr 13, 2015, 20:13 PM IST
Fitch affirms Tata Steel outlook stable
Fitch on Friday reaffirmed its BB+ rating as well as 'stable' credit outlook for Tata Steel saying its highly profitable India operations is improving company's financial position.
Apr 10, 2015, 15:31 PM IST
Fitch retains India's credit outlook at 'stable'
Global rating agency Fitch Thursday retained India's credit outlook at 'stable' saying although "dynamism" is back in the economy translation of reforms into higher growth would depend upon actual implementation.
Apr 09, 2015, 17:45 PM IST
Fitch downgrades SAIL's credit profile to 'negative'
Rating agency Fitch on Wednesday downgraded Steel Authority of India Ltd's (SAIL) credit profile to 'negative' from 'stable' stating subdued operating performance.
Apr 08, 2015, 21:05 PM IST
Fiscal reforms, low inflation positive for ratings: Fitch
The agency has a 'BBB-'rating for the country with a stable outlook, which is the lowest investment grade rating, while Moody's has Baa3 and S&P has a BBB- outlook both with stable outlook.
Mar 27, 2015, 22:29 PM IST
Telcos' finances will be under pressure: Fitch
The spectrum auction which concluded on March 25 attracted bids worth Rs 1,09,874.91 crore.
Mar 27, 2015, 21:27 PM IST
Bank reforms positive but implementation a risk, says Fitch
Jaitley proposed to set up an autonomous Banks Board Bureau to help lenders raise capital for expansion needs.
Mar 26, 2015, 20:20 PM IST
India's economy likely to grow 8% in next fiscal: Report
The country's economy is likely to clock 8 per cent growth in the next financial year and 8.3 per cent in 2016-17, says a report.
Mar 22, 2015, 13:16 PM IST
