Fitch Rating
Recent Highlights
All Stories for Fitch Rating
GDP: Why lack of new jobs can rattle Narendra Modi govt in a bigger way than lower growth figures
Dinesh Unnikrishnan123 •A slowing GDP can have adverse political impact on the Narendra Modi government since opposition will likely rake up the issue of slowing growth
ADB lowers India's GDP forecast to 6.7%; cites tepid growth, effects of demonetisation and GST for slowdown
•India's GDP, largest economy in South Asia, rebounded to 6.3 percent growth in second quarter ended in September for this fiscal
For change in sovereign ratings, policies matter most than personalities: Fitch
•The leading credit rating agency said it recognises Rajan's contribution in setting significant policy changes in motion and said the new Governor will inherit a solid basis
Govt spending key for revival of Indian steel sector: Fitch
Fp Archives •A relatively stronger rupee in 2015 to date, significant import increases and weak steel demand affected steel prices and consequently, profitability of steelmakers.
Round-up: Here's how business community perceives the BJP's Bihar drubbing
Fp Staff •Some foreign brokerages has opined that the loss in Bihar state elections could be a “stumbling block” to the central government’s reform agenda
Fitch warns of India rating downgrade in 12-24 months
Fp Staff •Fitch ratings said that India is likely to miss its fiscal deficit target of 5.3 percent of gross domestic production, while other macroeconomic trends too have been disappointing.
India's ratings reflect Fed tapering fears: Fitch
Fp Archives •India's narrowing current account deficit will not be enough to shield the country from pressures tied to Fed tapering, said Fitch Ratings.<br /><br />
Asset quality indicators for Indian banks continue to deteriorate: Fitch
Fp Archives •Asset quality indicators for the domestic banks continue to deteriorate, and stressed assets are likely to peak around 15 percent due to further weakening of the economic environment, a Fitch Ratings report said.
Rupee weakness may limit scope for RBI rate cut: Fitch
Fp Archives •"The recent weakness of the exchange rate may, however, complicate policy management and limit the scope for further cuts in RBI policy rates," the agency said in a statement.
Fitch warns of downgrade risks on US, Spain ratings
Fp Archives •The United States faces a "material risk" of losing its triple-A status if there is a repeat of the wrangling seen in 2011 over raising the country's self-imposed debt ceiling, credit ratings firm Fitch said on Tuesday.