Fitch upgrades India's FY25 GDP forecast to 7.2% on strong growth
For FY26 and FY27, Fitch keeps India's growth forecast unchanged at 6.5% and 6.2%, respectively, on a strong investment environment, increasing consumer spending
For FY26 and FY27, Fitch keeps India's growth forecast unchanged at 6.5% and 6.2%, respectively, on a strong investment environment, increasing consumer spending
Sustained deficit reduction would be positive for India's sovereign rating fundamentals over the medium term, says Fitch Ratings
NBFCs' bank funding costs could rise by 40 basis points - 60 basis points, says Fitch
Global credit ratings agency cuts medium-term growth estimate for 10 emerging markets to 4%
The impact on the Indian stock markets could likely to be negative but not large since the U.S. economy is now headed for a soft landing and not a recession, says expert
Fitch expects RBI to pause its rate cycle for the time being before cutting early next year
Adani Green Energy Restricted Group 1's (AGEL RG1) $500 million five-year senior secured notes due in 2024 will be used to refinance its debt.
The liquidity position at all Adani Group rated entities or restricted groups would benefit from cash flow generation from January 2023 to March 2024, says Fitch.
Adani Ports’ internal cash surplus is sufficient to cover its near-term operations and debt obligations as well as its budgeted capex, says Fitch
Adani Transmission's restricted group credit assessment is not directly affected by the alleged malpractices at Adani group highlighted in Hindenburg report, says Fitch.