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Sensex, Nifty hit fresh record high levels

Rising for the fourth straight session, the 30-share BSE Sensex climbed 308.37 points or 0.40 per c…

PTI   


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3 mins read

Coalition politics, weakened mandate could make passing legislations on ambitious reforms challenging: Fitch

As the NDA is all set to form the government, Fitch Ratings on Thursday said coalition politics and…

PTI   


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Reliance gets thumbs-up from S&P, Fitch as strong earnings keep leverage in check

The oil-to-telecom-and-retail conglomerate's growth aspirations remain intact, it said, addin…

PTI   


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India's petroleum products demand to increase mid-single-digit percentage in 2023-24: Fitch

India's demand for petroleum products is likely to increase by a mid-single-digit percentage in the…

ANI   


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The US office sector will worsen through next year, and the recovery will be slower than after the 2008 crisis, Fitch Ratings says

Office loan delinquency will be higher than previously forecast in 2024 and 2025, Fitch Ratings wro…

Filip De Mott   


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Indian banks expected to maintain profitability amid margin pressure: Fitch Ratings

According to Fitch, while net interest margins (NIMs) are anticipated to narrow by 10 to 20 basis p…

ANI   


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Fitch raises India's growth estimates for FY 25 to 7.2%

Investment will continue to rise but more slowly than in recent quarters, while consumer sp…

PTI   


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China's cement sector faces headwinds, while India sees steady growth: Fitch Ratings

Fitch Ratings' insights reveal a challenging outlook for Chinese cement demand in 2024, driven by o…

ANI   


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Stock markets rebound on buying in IT stocks, positive macro data

Benchmark Sensex rebounded 335 points and Nifty closed above the 22,100 level on Thursday on the ba…

PTI   


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Boom2Bust: Retail investors to face the brunt as small and midcap corrections wipe out billions of dollars

The mid- and small-cap retail investors seem star-crossed at the moment as the markets continue to …

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Fitch raises global growth forecast on improved near-term prospects

Fitch Ratings has raised its 2024 global GDP growth forecast by 0.3 percentage points to 2.4 per ce…

ANI   


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RBI's vigilance: New consumer credit norms to bolster India's financial stability amidst surging loan growth

In a proactive move aimed at mitigating potential systemic risks associated with the rapid growth o…

ANI   


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APAC Oil and Gas producers maintain capex amidst energy transition: Fitch Ratings

According to Fitch Ratings, despite these financial commitments, APAC O&G companies have more flexi…

ANI   


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Fitch expects RBI to cut interest rates by 75 basis points in FY25

The Indian central bank is expected to cut interest rates to the tune of 75 basis points in FY25, b…

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Growth in Asia Pacific emerging markets to remain strong in 2024: Fitch

The economic growth in Asia Pacific will remain strong in 2024 and GDP is expected to grow by abou…

PTI   


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S&P retains India's FY'25 GDP growth estimate at 6.8%

"We expect growth to moderate to 6.8 per cent this fiscal year, with high interest rates and lo…

PTI   


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At ₹100 crore, OYO posts FY24 as maiden profitable fiscal: Founder

"While a delighted customer or a hotel partner brings the biggest smile on my face, our first c…

PTI   


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India eyes economic gains as China's stimulus fuels surge in global mining demand

As projected by Fitch Ratings, the neutral sector outlook is buoyed by significant government spend…

ANI   


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Fitch Ratings: Indian banks' viability ratings set to flourish amid improved conditions

Fitch foresees the continuation of robust Viability Ratings (VR) for Indian banks, largely propelle…

ANI   


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Fitch Ratings revises outlook on OYO's long-term issuer ratings to 'positive' from 'stable'

Fitch Ratings on Wednesday said it has revised the outlook on Oravel Stays Ltd's (OYO) long-term fo…

PTI