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Fitch ups FY25 GDP growth forecast to 7.2%

June 19, 2024 12:00 am

The RBI had hiked its GDP estimate to 7.2 per cent for the year 2024-25 in the latest monetary policy review earlier this month.

Anantha Nageswaran, Chief Economic Advisor V Anantha Nageswaran, Chief Economic Advisor, Fitch Ratings, Indian express news, current affairs

Coalition opens space for dialogue, makes tough reforms feasible: CEA

June 07, 2024 7:39 am

During the previous two stints, the NDA government faltered on big-ticket reforms not having evolved the requisite consensus — and pushed the ball back to the states.

India's economy during FY25 will expand by 7 percent: Fitch Ratings

March 14, 2024 12:38 pm

The rating agency expects a 50 bps interest rate cut by the Reserve Bank of India (RBI) from July to December 2024. Also, as per Fitch, India's CPI inflation will gradually decline to 4 percent by the end of this year.

Fitch hikes India’s medium-term GDP growth estimate by 70 bps to 6.2%. How is it related to demographic dividend?

November 06, 2023 2:35 pm

Amidst a downward revision of the medium-term growth potential for 10 emerging economies, the Fitch report says that India's labour productivity forecast is higher.

Fitch downgrades US rating: How will this impact India and other markets?

August 03, 2023 10:35 am

Global credit ratings agency Fitch has downgraded the credit rating for the United States to AA+ from AAA, its highest possible rating. What impact will this have on global markets?

Fitch Ratings raises India's GDP forecast to 6.3% for current fiscal year

June 22, 2023 2:05 pm

Fitch had in March lowered its forecast for 2023-24 to 6 per cent from 6.2 per cent citing headwinds from elevated inflation and interest rates along with subdued global demand.

ED search at Manappuram Finance highlights corporate governance challenges in India: Fitch

May 10, 2023 1:11 pm

Fitch Ratings said Manappuram Finance Ltd has disclosed that the Enforcement Directorate's search at its premises pertained to legacy non-compliant activities at its branches up until 2012.

Fitch Ratings, India's long-term foreign-currency, default rating at 'BBB, indian express, indian express news

Fitch affirms India’s rating at ‘BBB-’ with a stable outlook

May 10, 2023 8:52 am

For FY24, it forecast a current account deficit of 1.9 per cent.

Fitch says contagion risks loom over two Adani entities

March 29, 2023 1:24 pm

Fitch said that Adani Transmission Ltd and Adani Ports and Special Economic Zone are prone to risks

Adani mixed bag: S&P outlook negative, Fitch & Moody a little positive

February 04, 2023 1:10 pm

“There have been media reports expressing concern about the exposures of Indian banks to a business conglomerate. As per the RBI’s current assessment, the banking sector remains resilient and stable,” the central bank said in a release.