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FITCH SOLUTIONS
Asia rice surges 20% in May as war and weather threaten outputAsian rice prices experienced their largest monthly surge in nearly two decades in May, driven by weather risks and escalating energy and f...- Oil prices settle higher on slow progress in US-Iran peace talksOil prices saw a volatile week as hopes for a U.S.-Iran peace deal, which would normalize shipping through the Strait of Hormuz, fluctuated...
- HSBC job cuts: CEO shares big update on lay offs possibility, message for employees on AI issueHSBC recently launched a dedicated $4 billion credit facility to support the global expansion of mainland Chinese companies.
- Battery storage firms eye AI demand but face grid, supply hurdlesAmerican battery storage companies are experiencing high demand from AI data centers. However, long waits to connect to the power grid and ...
- India's rice export rates stagnant as market faces slow demandThailand's rates are climbing as millers hold back supply amid stronger domestic interest. Meanwhile, Bangladesh faces soaring prices and p...
- Big Tech puts financial heft behind next-gen nuclear power as AI demand surgesBig Tech companies are injecting funds into new nuclear technologies. This is to power energy-hungry AI data centers. Firms like Meta, Amaz...
- RBI GDP outlook FY26: India retains FY26 GDP at 7.6%, sets FY27 growth at 6.9% as Iran war, oil risks mountRBI GDP Growth 2026: India's economic growth forecast for FY27 is now projected to slow down. The Reserve Bank of India has maintained its ...
- Fitch unit cuts India's economic growth targets amid Iran warIndia's economic growth forecast is revised down from earlier estimates. This revision reflects a slowdown in economic activity and the ong...
- Pakistani rupee's weakness 'still has further to run'Fitch Solutions mentioned that their current forecast for the rupee to reach Rs 248 per dollar by year-end "is therefore now looking out of...
- Rupee could depreciate up to 3% in 2022: FitchAny depreciation will be gradual given strong economic fundamentals.
- India to breach fiscal deficit target in FY22: Fitch Solutions"The main driver of our deficit forecast revision is a downward revision to our outlook for revenues, given that the flare-up in COVID-19 c...
- India remains badly placed to tackle COVID spread: Fitch SolutionsAfter some success in curbing the virus considerably, India's economy had returned to functioning normally by the second half of 2020. "How...
- Govt stimulus package does not address immediate concerns of healthcare system: Fitch SolutionsOn March 11, the Ministry of Finance increased allocation - 0.008 per cent of the country's GDP - to the health services division to suppor...
- Lack of medical investment, healthcare infra big challenges for India's COVID-19 fight: Fitch"The continued lack of medical funding and healthcare infrastructure inform our view for the potential epidemic to be worse in India if it ...
- India's fiscal deficit may shoot to 6.2% of GDP in FY21: Fitch SolutionsStating that weak economic activity will likely see revenue collection contract in 2020-21, Fitch Solutions said receipts may contract by 1...
- Fitch Solutions cuts India GDP growth forecast to 4.6% for FY21Fitch Solutions joins a chorus of international agencies that have made a similar cut in growth estimates in recent days. Standard and Poor...
- RBI may cut key interest rates by 175 bps in FY21: Fitch SolutionsThis would take the policy repurchase (repo) rate to 3.40 per cent and 3.00 per cent, respectively.
- Fitch Solutions says India GDP growth to rebound at slower paceIndia's real GDP growth slumped further in Q1 of FY2019/20 (April–March) to 5 per cent year-on-year.
- Modi may struggle to win majority in polls, says Fitch SolutionsNeither of the country’s main national parties is likely to get a majority in the lower house.
- Fitch gets permission to operate from ChinaChina's Cabinet relaxed the regulation on foreign institutions' distribution of financial information services in October 2012.
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