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Fitch retains India rating at 'BBB-' with stable outlook

India's rating has remained unchanged at 'BBB-', the lowest investment grade, since August 2006.

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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2 mins read

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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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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5 mins read

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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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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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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SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth to be closer to 7%

Economists at SBI predict a dip in India's GDP growth to 6.5% for the September quarter, citing pre…

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2 mins read

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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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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5 mins read

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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2 mins read

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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Stock market today: Stocks extend post-election rally as the Fed cuts interest rates

The S&P 500 and the Nasdaq jumped to a fresh record high on Thursday after the Fed delivered a 25 b…

Kelly Cloonan   


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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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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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Rising prices will prolong America's home-affordability crisis with 89% of the market still overvalued, Fitch says

The ratings agency expects home prices to increase between 3% and 5% through year-end, despite an u…

Filip De Mott   


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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   


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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 about…

PTI   


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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