Tag: Fitch Ratings

Fitch cuts FY27 growth projection to 6.4%; U.S.-Iran war to slow down economy

June 9, 2026 admin

Image used for representation purpose only. | Photo Credit: Reuters Fitch Ratings on Tuesday (June 9, 2026) lowered its GDP growth projections for the current fiscal to 6.4% from the earlier estimate of 6.7%, saying that the U.S.-Iran war will slow down the economy in the September and December quarters. Fitch said it expects a…

Business

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

November 26, 2024 admin

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…

Business

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

June 18, 2024 admin

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….

Business

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

September 14, 2023 admin

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…

Business