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1 week ago

1100% rally in 5 years! Multibagger small-cap stock jumps after Fitch rating upgrade

Multibagger Small-cap Stock: Shares of Hi-Tech Pipes Ltd., a prominent player in India’s steel tube and pipe industry, gained nearly 5 per cent on Monday, December 16 as India Ratings & Research, a Fitch Group company, upgraded the firm's credit ratings. Hi-Tech Pipes share price history Hi-Tech Pipes share price gained 4.47 per cent to ₹171.75 in intra-day trade. Hi-Tech …

Price Company Ratings Ind Cent Bse Pipes

1 week, 3 days ago

India FY25 GDP: Fitch slashes India’s growth forecast to 6.4% from 7% for 2025-26

Live Mint

India's growth forecast: US-based credit rating agency, Fitch Ratings on Friday revised India's GDP forecast to 6.4 per cent to 7 per cent for FY25. This cut comes after the Reserve Bank of India, in its recent monetary policy committee, revised India's growth forecast to 6.6 per cent from 7.2 per cent. In the July-September quarter of FY25, the Indian …

Growth Rbi Gdp Indian Economy 7 Per Cent India Fy25 Cent Fitch

2 weeks, 4 days ago

Myntra to Launch Abercrombie & Fitch and Hollister Stores in India

Live Mint

Myntra, the Flipkart-backed online fashion retailer, on Thursday announced a multi-year franchise partnership with NYSE-listed Abercrombie & Fitch Co., setting the stage for the launch of Abercrombie & Fitch and Hollister stores in India. “We are thrilled to partner with Myntra Jabong to more deeply engage with new and existing customers in India,"said Fran Horowitz, chief executive officer, Abercrombie & …

India Retail Abercrombie Fitch Myntra Hollister Fashion Brands

4 months, 3 weeks ago

Govt. on track to reduce fiscal deficit: Fitch

The Hindu

Fitch Ratings on Friday exuded confidence that the Government of India should be able to achieve its enhanced goal of reducing the fiscal deficit to 4.9% of GDP this year, and further below 4.5% of GDP next year, but noted that the post-election Budget did not provide much clarity on medium-term targets. While the Budget did highlight “a desire to …

India Budget Fiscal Deficit

6 months, 2 weeks ago

Coalition crutches could cramp reform chase, say Moody’s, Fitch

The Hindu

With the BJP losing an outright majority in the Lok Sabha, global rating agencies on Wednesday said navigating far-reaching reforms may prove more difficult during a coalition-dependent third term likely for Prime Minister Narendra Modi. While “broad policy continuity” is expected in areas such as the thrust on public capex to spur the economy and gradual fiscal consolidation, a BJP-led …

India Reform Bjp Fiscal Rating

7 months, 2 weeks ago

Fitch sees Indian rupee rebounding to 82 per dollar. Here's why

Hindustan Times

The potential big foreign inflows into Indian bonds will help the rupee recover from near a record low, but the nation’s central bank is likely to limit the extent of gains, according to Fitch Ratings. The rupee is expected to appreciate to 82 per dollar by the year-end, from about 83.50 currently, Jeremy Zook, a director at Fitch in Hong …

India Rbi Fitch Flows

9 months ago

Azure Power is navigating leadership churn; a stake sale may be next

Live Mint

Azure Power Global Limited, India’s first renewable energy company to have listed in the US, is exploring a possible stake sale to a strategic partner or even a complete sale of the business, two people aware of the development said. Meanwhile, according to news reports on Friday, US Attorney’s Office for the Eastern District of New York and the Justice …

India Financial Power 2022 Fitch Energy Company Azure

1 year, 1 month ago

Fitch raises India’s mid-term potential growth rate to 6.2%

Live Mint

Fitch Ratings has raised its mid-term potential growth estimate for India by 0.7 percentage points to 6.2% for 2019-2027, citing higher employment, larger working-age population and increased labour productivity expected during the period. “In India’s case, potential growth has increased by 0.7 percentage points to 6.2% given an improvement in the employment rate and a modest increase in the working-age …

India Poland Growth China Labour South Africa Potential

1 year, 4 months ago

Fitch Ratings downgrade: Could a cut in US rating mean higher inflows to India?

Live Mint

Rating agency Fitch Ratings downgraded the long-term foreign-currency issuer default rating of the US to an 'AA+' from an 'AAA' with a 'stable' outlook on Tuesday. "The rating downgrade of the United States reflects the expected fiscal deterioration over the next three years, a high and growing general government debt burden, and the erosion of governance relative to 'AA' and …

India Market Debt Ratings Rating Fitch Fitch Ratings

1 year, 7 months ago

Fitch pares India’s GDP growth forecast for this year to 6% from 6.2%

The Hindu

Fitch Ratings has lowered its 2023-24 GDP growth forecast for India to 6% from 6.2%, citing headwinds from elevated inflation and interest rates along with subdued global demand, with the economy expected to rebound to 6.7% in 2024-25 as opposed to 6.9% projected earlier. While India will be one of the fastest-growing sovereigns rated by Fitch, bolstered by “resilient investment …

India This Year Deficit Rating Fitch Gdp Growth

1 year, 9 months ago

India said to bat for sovereign rating upgrade in review with global agencies

The Hindu

India is seeking an upgrade to its sovereign credit rating, currently at the lowest-possible investment grade, as the Asian nation believes its economic metrics have improved considerably since the pandemic, a senior government official said on Monday. The country's Finance Ministry met representatives from the top three rating agencies – Fitch Ratings, Moody’s Investors Service and S&P Global Ratings – …

India Global Ratings

2 years ago

Fitch Ratings affirms India's sovereign rating at 'BBB-', with stable outlook

India TV News

Fitch Ratings on Tuesday affirmed India's sovereign credit rating at 'BBB-' with a stable outlook, saying the rating derives strengths from the country's robust growth outlook and still-resilient external finances. It said India's robust medium-term growth outlook is a key supporting factor for the rating. Nevertheless, risks remain given dynamics in labour force participation, the lagging rural sector recovery, and …

India Outlook Stable Outlook Fitch Ratings Sovereign Rating

2 years, 2 months ago

India's Forex Buffers Sufficient, Limited Risks to Sovereign Rating from External Pressures: Fitch

News 18

India’s external buffers are sufficient to cushion risks associated with rapid monetary policy tightening in the US and high global commodity prices, and risk to the sovereign rating from external pressure is limited, Fitch Ratings said on Wednesday. “India’s external buffers appear sufficient to cushion risks associated with rapid monetary policy tightening in the US and high global commodity prices,” …

Global India Cent Rate Cad Rating External

2 years, 3 months ago

Fitch slashes India's GDP growth forecast to 7% for FY23; cites elevated inflation levels, higher interest rates

Firstpost

In its Global Economic Outlook September 2022, Fitch said the GDP growth of 13.5 per cent in April-June, as per official data, was below its June expectation of 18.5 per cent increase New Delhi: Fitch Ratings on Thursday slashed its projection of India’s economic growth to 7 per cent for current fiscal year, citing elevated inflation levels and higher interest …

India Inflation Economic Rbi Interest Rate 2022 Gdp

2 years, 3 months ago

Fitch cuts India growth to 7% for 2022-23

The Hindu

Fitch Ratings on Thursday, September 15, 2022, slashed its growth forecast for the Indian economy to 7% in 2022-23 from 7.8%, with 2023-24 growth to slow further to 6.7% from 7.4% projected before. Fitch also slashed global growth forecasts to 2.4% for 2022 from 2.9% in view of the European gas crisis, high inflation and a sharp acceleration in the …

India Growth Inflation Rbi Fitch

2 years, 3 months ago

Fitch slashes India's FY23 GDP growth forecast to 7% on slowing global economy, rising interest cost

India TV News

Fitch Ratings on Thursday slashed India's GDP growth projection for FY23 to 7 per cent, saying the economy is expected to slow against the backdrop of global economy, elevated inflation and high interest rate. We now expect the economy to grow 7 per cent in the financial year to end-March 2023 from 7.8 per cent previously, with FY24 also slowing …

India Economy Growth Inflation Global Economy Cent Rbi

2 years, 9 months ago

Fitch slashes FY23 India growth forecast to 8.5 from 10.3% on high energy prices

Firstpost

With the Omicron wave subsiding quickly, containment measures have been scaled back, setting the stage for a pick-up in GDP growth momentum in the June quarter this year, the agency said. New Delhi: Rating agency Fitch on Tuesday slashed India’s growth forecast for the next fiscal to 8.5 per cent from 10.3 per cent, citing sharply high energy prices on …

India Energy Growth Russia Prices High Cent

3 years ago

Fitch Ratings cut India's growth forecast to 8.4% for current fiscal; rupee slips 5 paise against US dollar

Firstpost

The dollar index fell 0.22 percent to 96.16 and Brent crude futures fell 0.15 percent to USD 75.33 per barrel Mumbai: The rupee declined 5 paise to 75.49 against the US dollar in opening trade on Wednesday as persistent foreign fund outflows kept the pressure on the local unit. Fitch Ratings on Wednesday cut India’s economic growth forecast to 8.4 …

5 Paise Fiscal Rupee India Kept

3 years, 1 month ago

Fitch retains negative outlook for India’s sovereign rating

Live Mint

Fitch Ratings on Tuesday reaffirmed its lowest investment grade sovereign rating for India with negative outlook holding that the country’s rating balances a still-strong medium-term growth outlook and external resilience from solid foreign-reserve buffers, against high public debt, a weak financial sector and some lagging structural issues. However, the negative outlook on the rating reflects lingering uncertainty around the medium-term …

India Growth Debt Gdp Fitch Negative Outlook

3 years, 8 months ago

Fitch Revises India GDP Growth to 12.8% for FY-22 from 11%, Says Recovery Swifter Than Expected

News 18

Fitch Ratings has revised India's GDP growth estimate to 12.8 per cent for the fiscal year beginning April 1 from its previous estimate of 11 per cent, saying its recovery from the depths of the lockdown-induced recession has been swifter than expected. "India's second half of 2020 rebound also took GDP back above its pre-pandemic level and we have revised …

India Cent Gdp Fitch Gdp Growth Growth Forecast

4 years ago

India Can Inoculate Priority Groups by June 2021: Fitch Solutions

News 18

A vaccine against COVID-19 can cover priority groups in India by June next year if inoculation is quickly ramped up to roughly the same level as the 1 million coronavirus tests conducted each day in the country, Fitch Solutions said on Monday. "India's role in the global COVID-19 vaccine rollout will be significant both as a recipient of the medicine …

India Vaccines Vaccine Fitch Priority Groups

4 years ago

Fitch revises India GDP forecast, sees contraction at 9.4 pc

India TV News

Fitch Ratings on Tuesday raised India's GDP forecast to -9.4 per cent in the current fiscal year to March 2021 from a previously projected contraction of 10.5 per cent after the economy staged a sharper rebound in the second quarter. "We now expect GDP to contract 9.4 per cent in the fiscal year to end-March 2021, followed by +11 per …

India Cent Gdp Forecast Fitch

4 years ago

Vi may lose up to 70 million subscribers in next one year, says Fitch

Live Mint

NEW DELHI: Vodafone Idea Ltd could lose 50-70 million subscribers in the next one year, after shedding 155 million customers in the past nine quarters, Fitch Ratings said on Monday. Jio and Airtel are likely to increase their combined revenue market share to 80% in the next one year from 74% as of September as Vodafone Idea is rapidly losing …

Market Market Share Share Idea Vodafone Fitch Vodafone Idea

4 years, 3 months ago

Fitch Puts India GDP Contraction in FY21 at 10.5% before Bouncing Back Next Fiscal

News 18

India's economy is expected to contract 10.5 per cent in the current fiscal before bouncing back in the next financial year, Fitch Ratings said on Tuesday. Separately, India Ratings and Research, the domestic arm of rating agency Fitch, projected an 11.8 per cent contraction in the Indian economy in FY21, as against its previous projection of 5.3 per cent contraction …

Economy Indian Ratings Cent Gdp Contraction Fitch

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Articles for Fitch, search results for india

1100% rally in 5 years! Multibagger small-cap stock jumps after Fitch rating upgrade

India FY25 GDP: Fitch slashes India’s growth forecast to 6.4% from 7% for 2025-26

Myntra to Launch Abercrombie & Fitch and Hollister Stores in India

Govt. on track to reduce fiscal deficit: Fitch

Coalition crutches could cramp reform chase, say Moody’s, Fitch

Fitch sees Indian rupee rebounding to 82 per dollar. Here's why

Azure Power is navigating leadership churn; a stake sale may be next

Fitch raises India’s mid-term potential growth rate to 6.2%

Fitch Ratings downgrade: Could a cut in US rating mean higher inflows to India?

Fitch pares India’s GDP growth forecast for this year to 6% from 6.2%

India said to bat for sovereign rating upgrade in review with global agencies

Fitch Ratings affirms India's sovereign rating at 'BBB-', with stable outlook

India's Forex Buffers Sufficient, Limited Risks to Sovereign Rating from External Pressures: Fitch

Fitch slashes India's GDP growth forecast to 7% for FY23; cites elevated inflation levels, higher interest rates

Fitch cuts India growth to 7% for 2022-23

Fitch slashes India's FY23 GDP growth forecast to 7% on slowing global economy, rising interest cost

Fitch slashes FY23 India growth forecast to 8.5 from 10.3% on high energy prices

Fitch Ratings cut India's growth forecast to 8.4% for current fiscal; rupee slips 5 paise against US dollar

Fitch retains negative outlook for India’s sovereign rating

Fitch Revises India GDP Growth to 12.8% for FY-22 from 11%, Says Recovery Swifter Than Expected

India Can Inoculate Priority Groups by June 2021: Fitch Solutions

Fitch revises India GDP forecast, sees contraction at 9.4 pc

Vi may lose up to 70 million subscribers in next one year, says Fitch

Fitch Puts India GDP Contraction in FY21 at 10.5% before Bouncing Back Next Fiscal