Fitch Group News
Fitch Group has said it has pledged $50,000 to Give2Asia to fight coronavirus pandemic
IL&FS case: SEBI widens investigation into role of rating agencies; looks into possible systemic lapses at all five rating agencies
Grant Thornton said it identified multiple e-mails over the period from 2008 to 2018 which indicate that the IL&FS group was under stress or faced liquidity issues since 2015.
IL&FS probe: Ex-CEO of subsidiary helped leading rating agency official buy duplex villa worth crores at discount
The probe by the government's white-collar crime probe agency SFIO has already unearthed connivance of auditors and independent directors with the then top management of IFIN
India will not be able to narrow fiscal deficit to targeted 3.3% for 2018-19 due to revenue shortfall: Fitch
Fiscal deficit, a key factor determining the macroeconomic health, will come at 3.5 percent of GDP for FY19
FDI in the country will accelerate further on gradually improving economic growth in 2016-17, while focus on ‘Make in India’ would result in a more larger and more stable FDIs
Growth of infrastructure and construction as well as metals and mining sectors is likely to remain stressed in FY15 as high leverage levels may constrain the ability of some corporates to access credit, India Ratings and Research, a Fitch Group company, said in a report today.
The risk of fuel prices is likely to become manageable for utilities after the government allowed them to pass on higher costs of imported coal to customers, India Ratings said.
Fitch has cut Greece's credit rating from B- to CCC, citing the "heightened risk" that Greece could leave the euro zone.
As many as 19 companies are likely to default on paying their foreign currency convertible bonds (FCCBs) when they come up for redemption in 2012.
Fitch Ratings on Monday revised to negative the outlook on the United States' AAA credit rating after a Congress committee failed last week to agree on deficit-reduction measures.
The rating agencies are expecting New Zealand's external position to deteriorate further, with the current account deficit rising again as markets are growing sensitive to debt.<br /><br /> <br /><br />
Standard and Poor's rates 126 countries on their capacity to meet financial commitments. Here are the ratings as on June 2011.