Tag: Fitch Ratings

After Fitch, Moody’s also switches outlook on Adani group firms to ‘negative’

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After Fitch, Moody’s also switches outlook on Adani group firms to ‘negative’

Moody’s Ratings has affirmed the ratings of seven Adani Group companies from ‘stable’ to ‘negative’. Earlier, Fitch Ratings also put the firms on a negative rating watch. File | Photo Credit: Reuters Moody’s Ratings has on Tuesday (November 26, 2024) affirmed the ratings of seven Adani Group companies from ‘stable’ to ‘negative’. In a statement the…

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Fitch raises India’s growth estimates for FY25 to 7.2%

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Fitch raises India’s growth estimates for FY25 to 7.2%

The latest Fitch Ratings has cited a recovery in consumer spending and increased investment. File photo | Photo Credit: The Hindu Fitch Ratings on Tuesday, June 18, 2024, raised India’s growth forecast for current fiscal to 7.2 per cent, from 7 per cent projected in March, citing a recovery in consumer spending and increased investment….

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Fitch Retains India’s Growth Forecast For Current Fiscal At 6.3 Per Cent

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Fitch Retains India’s Growth Forecast For Current Fiscal At 6.3 Per Cent

New Delhi: Fitch Ratings on Thursday retained India’s growth forecast for the current fiscal at 6.3 per cent saying the Indian economy continues to show resilience despite tighter monetary policy and weakness in exports, but upped year-end inflation projection on El Nino threat. The Indian economy grew 7.8 per cent in the April-June quarter of…

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