Fitch Inc

Economy to grow by 7.5 pc next fiscal: Fitch

The economy is likely to grow by 7.5 percent in 2012-13 and public finances of various state governments are likely to see consolidation during the next fiscal, ratings agency Fitch said today.

Rating agencies in EU firing line

Many commentators have blamed rating agencies like Moody's, Standard & Poor's and Fitch for having helped create the 2008 global financial crisis by failing to properly evaluate the risk of US mortgage investments before the bubble burst.

Fitch gives cautious outlook for NBFC sector

Presently, about 65 percent of the NBFC funding comes from banks.

Outlook for India auto sector stable in 2012, says Fitch

Fitch said passenger vehicles volumes are expected to grow by 3-5 percent during the year, with car sales increasing by up to 4 percent.

Decoding how digitisation is a positive for cable TV

Mandatory digitisation would better equip the industry to compete with the direct-to-home companies at competitive prices.

Obama deficit plan: ratings firms may not be pleased

President Barack Obama's plan to tame US budget deficits probably relies too much on ending wars and too little on tackling health care spending.