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Saturday, August 15, 2020



Fitch revises outlook of IOC, NTPC among other state-owned firms to negative

June 23, 2020 1:56 pm

The PSUs whose rating outlook has been revised include IOC, Bharat Petroleum Corp Ltd (BPCL), Oil India Ltd (OIL), GAIL India Ltd, Power Grid Corp of India Ltd and NTPC Ltd.

Fitch lowers India’s outlook to negative

June 19, 2020 1:06 am

Fitch Ratings expects economic activity to contract by 5 per cent in FY21, before rebounding by 9.5 per cent in FY22.

Delisting may create governance issues in companies: Fitch

June 11, 2020 3:31 pm

Corporates can also simplify or reorganise complex group structures without the interference of minority shareholders through such moves, the agency noted.

Indian economy to grow at 9.5% in next fiscal, says Fitch Ratings

June 10, 2020 5:00 pm

Fitch Ratings forecast a 5 per cent contraction in the GDP in the ongoing financial year.

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

May 21, 2020 3:53 pm

"Dealing with the COVID-19 pandemic has brought out the critical importance of the public sector in health provisioning," Fitch added.

RBI's liquidity support for MFs may struggle to be effective: Fitch

April 29, 2020 12:30 pm

The size of the SLF-MF appears broadly commensurate with the scale of the funds most at risk, Fitch notes.

Fitch Solution cuts India's FY21 GDP growth forecast to 1.8%

April 20, 2020 2:07 pm

Fitch Solutions also anticipated a deeper contraction in fixed investments as businesses choose to cut back on capital expenditure to conserve cash amid elevated economic uncertainty.

Multi-notch sovereign ratings downgrade likely in 2020: Fitch

April 07, 2020 11:48 am

In April 2019, Fitch had retained India's sovereign rating at 'BBB-', the lowest investment grade, with stable outlook, saying a weak fiscal position continues to constrain its rating.

RBI may cut key interest rates by 175 bps in FY21 says Fitch Solutions

March 18, 2020 1:04 pm

This would take the policy repurchase (repo) rate to 3.40 per cent and 3.00 per cent, respectively, from 5.15 per cent and 4.75 per cent at present.

Fitch Solutions cuts India's economic growth forecast to 4.9% for FY20

March 02, 2020 3:36 pm

The GDP growth is forecast to recover slightly to 5.4 per cent in 2020-21 (April 2020 to March 2021), Fitch Solutions said.