Fitch Solutions

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Govt stimulus package does not address immediate concerns of healthcare system: Fitch Solutions
Business

Govt stimulus package does not address immediate concerns of healthcare system: Fitch Solutions

Fitch Solutions has said that the latest stimulus package does not address immediate concerns of the healthcare system which is reeling under the pressure of COVID-19 pandemic

Coronavirus outbreak highlighted vulnerabilities in medical manufacturing supply chain: Fitch Solutions
Business

Coronavirus outbreak highlighted vulnerabilities in medical manufacturing supply chain: Fitch Solutions

With pharmaceutical supply chains under immense pressure due to COVID-19, China's role as a global ingredient producer has come under scrutiny, Fitch Solutions has said

RBI likely to cut interest rates by 100 bps in FY21 to support growth, financial stability: Fitch Solutions
Business

RBI likely to cut interest rates by 100 bps in FY21 to support growth, financial stability: Fitch Solutions

The RBI is likely to cut benchmark interest rate by another 100 bps in 2020-21 fiscal and continue to employ all policy tools at its disposal to support growth and financial stability to contain the impact of Covid-19 pandemic on the economy, Fith Solutions said Tuesday

Fitch Solutions cuts India's economic growth forecast to 4.9% for FY20 on slump in manufacturing, coronavirus impact
Business

Fitch Solutions cuts India's economic growth forecast to 4.9% for FY20 on slump in manufacturing, coronavirus impact

Fitch Solutions on Monday cut its forecast for India's economic growth to 4.9 percent in the current fiscal that ends 31 March, saying manufacturing could come under pressure from weak domestic demand and supply chain disruptions due to the coronavirus outbreak

RBI may cut interest rates by 40 basis points before this fiscal-end; monetary easing insufficient to boost economic growth: Fitch
Business

RBI may cut interest rates by 40 basis points before this fiscal-end; monetary easing insufficient to boost economic growth: Fitch

RBI has cut interest rates four times this year but the transmission of the same by banks to borrowers has lagged.

Fitch Group arm projects fiscal deficit to overshoot to 3.6% in 2019-20 on govt's continued fiscal stimulus
Business

Fitch Group arm projects fiscal deficit to overshoot to 3.6% in 2019-20 on govt's continued fiscal stimulus

The central government plans to spend a total of Rs 27.8 lakh crore in fiscal 2019-20, a 13.3 percent increase over the 2018-19 revised budget estimates.

Indian oil demand to become important driver of global growth as China's economy slows: Fitch
Business

Indian oil demand to become important driver of global growth as China's economy slows: Fitch

Indian oil demand, which faced substantial pressures in 2018 because of rising rates and a weakened rupee, is set for recovery next year, Fitch Solutions Macro Research said