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Fitch Group News

17 Mar 2016

'Nepal may reach out to China to counterbalance India'

Nepal will continue to improve ties with China in a bid to "counterbalance" the influence of India, BMI Research said in its report.

21 Jan 2016

Coal to remain dominant fuel for India's power sector: Report

Coal will remain the dominant fuel for India's power sector over 10-year forecast period to 2025 despite growth in alternative sources, including renewables, BMI Research, Fitch Group company, has said.

02 Jul 2015

Fitch lowers India's FY`16 economic growth projections to 7.8%

Global rating agency Fitch has lowered India's economic growth projections to 7.8 percent for the current fiscal from 8 percent on pick up in demand.

09 Apr 2015

Moody's ups India's rating outlook to positive; Fitch keeps it stable

In a big vote of confidence in the Modi government, rating agency Moody's Thursday raised India's credit outlook to 'positive', while Fitch projected faster growth -- raising hopes for an upgrade in its sovereign rating in the next 12-18 months.

09 Apr 2015

Fitch retains India's credit outlook at 'stable'

Global rating agency Fitch Thursday retained India's credit outlook at 'stable' saying although "dynamism" is back in the economy translation of reforms into higher growth would depend upon actual implementation.

15 Sep 2014

Banks need over $200 bn capital in next 5 years: Fitch

Rating agency Fitch Monday said Indian banks will require more than USD 200 billion (about Rs 12 lakh crore) in fresh capital as they prepare for the full implementation of Basel III capital requirements by March 2019.

30 Jul 2014

Rating revision hinges on reform measures: Fitch

Global rating agency Fitch has retained 'BBB-' sovereign ratings of the country with a "stable" outlook and said rating revision depends on the new government's willingness to make difficult choices.

08 Jul 2014

Diesel subsidy to fall 25% this fiscal to Rs 1 trillion: Fitch

Global ratings agency Fitch on Tuesday said the regular increase in diesel price to align it with market will lead to a 25 percent fall in fuel under- recoveries this fiscal at about Rs 1 trillion (Rs 1 lakh crore).

01 Jul 2014

Modi effect: Fitch revises economic growth forecast to 5.5%

International rating agency Fitch Tuesday said India's economic growth will accelerate to 5.5 percent this financial year and 6.5 percent in FY16 due to the clear mandate received by the pro-reform Narendra Modi government.

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