Indian banks better placed than APAC peers: Fitch on West Asia woesIndia's banking sector is resilient against the economic impact of the US-Israel conflict with Iran, according to Fitch Ratings. While othe...
10 Jun, 2026, 04.44 PM IST
Fitch cuts FY27 growth projection to 6.4%; US-Iran war to slow down economyFitch Ratings has reduced India's GDP growth projection to 6.4 percent for the current fiscal year. The US-Iran war is expected to slow eco...
09 Jun, 2026, 10.06 AM IST
Shipping Ministry confirms attack on vessel carrying 24 Indian seafarers south of the Strait of HormuzA fire erupted on the oil tanker MT Marivex, located south of the Strait of Hormuz, with all 24 Indian seafarers aboard reported safe. Indi...
08 Jun, 2026, 05.45 PM IST
Vedanta Resources looking to rejig $5.5 bn holdco debt in one goAnil Agarwal's Vedanta Resources Ltd is in talks with global banks to refinance its $5.25-5.5 billion debt. The company aims to raise $3.5-...
22 May, 2026, 05.30 AM IST
Rupee's rough patch worsens on oil, outflow strain; central bank likely steps inThe rupee and other currencies of oil-importing countries have been among the hardest hit following a near 50% surge in Brent crude prices ...
12 May, 2026, 04.16 PM IST
Rupee hits record low of 95.55 as fraying US-Iran ceasefire keeps oil prices on the boilThe rupee has reached its lowest point ever against the US dollar. This decline is driven by investor concerns over escalating conflict in ...
12 May, 2026, 10.03 AM IST
Indian banks well-placed to transition to expected credit loss provisioning, Fitch saysIndian banks are well-prepared for the new expected credit loss framework. Fitch Ratings confirms sufficient capitalisation. The framework ...
07 May, 2026, 11.14 AM IST
India fuel retailers face credit strain as high oil prices persist, says FitchIf crude oil prices remain elevated, Indian oil companies might find themselves under financial pressure. Delaying adjustments to fuel pric...
05 May, 2026, 03.20 PM IST
The rupee at record low will end India’s cheap-money eraElevated energy import costs have pushed the Indian rupee to a record low, prompting urgent questions about Reserve Bank of India rate hike...
01 May, 2026, 06.29 AM IST
India extends financial support to Maldives under SAARCIndia has approved a significant ₹3,000-crore currency swap for the Maldives. This move aims to bolster the island nation's economy under t...
29 Apr, 2026, 01.25 AM IST
India seen to line up three buffers for its economy amid the Iran storm: Fitch unitIran War: The Indian government is seen to focus on securing essential supplies, curbing business costs through subsidies and tax relief, a...
22 Apr, 2026, 09.23 AM IST
Elevated foreign ownership a positive for Indian financial firms: FitchForeign investors are showing increased interest in Indian financial firms. Fitch Ratings notes this can bring long-term capital and better...
21 Apr, 2026, 11.42 PM IST
Oil prices surge from Iran conflict boosts global biofuel demandGlobal oil prices are surging due to a war in the Middle East. This is increasing demand for biofuels made from crops. Countries in Asia ar...
21 Apr, 2026, 11.41 AM IST
As Male faces stress, India weighs currency swap extensionIndia is reviewing the Maldives' plea for an extended currency swap facility. The island nation faces significant economic strain, compound...
18 Apr, 2026, 11.18 PM IST
West Asia war: Indian banks better placed to weather global stress but face margin squeeze, Fitch Ratings saysIndian banks are poised for resilience despite global uncertainties. However, persistent external risks may impact their profit margins and...
10 Apr, 2026, 11.26 AM IST
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...
07 Apr, 2026, 09.09 AM IST
Indian banks likely to face margin pressure amid tighter liquidity in FY27: FitchIndian banks may see tighter margins. The Reserve Bank of India faces challenges injecting funds due to rupee volatility. Global risks coul...
02 Apr, 2026, 11.20 AM IST