India's rating upgrade a challenge as debt woes trump fiscal prudence, says FitchIndia's fiscal position improvement remains challenging despite efforts, as high public debt and interest payments hinder a sovereign ratin...
03 Feb, 2025, 01.04 PM IST
Budget 2025: Global rating agencies see capex and fiscal control focusUnion Budget 2025: India's 2025-26 budget will focus on fiscal consolidation, capital investments, and a medium-term debt reduction strateg...
15 Jan, 2025, 11.02 AM IST
RBI may push back rate cuts a bit; a 25 bps cut possible in next few months: Jeremy Zook, FitchFitch Ratings' Jeremy Zook anticipates a 25 basis points rate cut in the coming months, though this could be delayed due to persistent food...
05 Sep, 2024, 03.21 PM IST
India's public finances remain a weakness for credit profile, Fitch analyst saysFitch Ratings acknowledges India's achievable fiscal deficit targets, noting ongoing financial weaknesses. The government's commitment to d...
23 Jul, 2024, 05.57 PM IST
India's medium-term fiscal consolidation likely to get more challenging, Fitch saysIndia's medium-term fiscal consolidation faces challenges with a new coalition government coming to power, potentially impacting a ratings ...
07 Jun, 2024, 05.07 PM IST
India Inc cheers continuity at the Centre, but rues fragilityIndian industry leaders express confidence in the economy's resilience despite the NDA-BJP government's unexpected outcome without an absol...
06 Jun, 2024, 07.57 AM IST
Expect broad policy continuity with focus on capex: Ratings agenciesEconomists emphasize the new Indian government's need to focus on growth, job creation, fiscal stability, tax reforms, and risk management....
06 Jun, 2024, 12.15 AM IST
Modi 3.0 mandate may be weaker, but Indian economy has a robust growth outlook: Fitch RatingsFitch Ratings has maintained a positive outlook on India's medium-term economic growth, citing substantial government capital expenditure a...
05 Jun, 2024, 03.45 PM IST
RBI dividend to have limited impact on medium-term fiscal consolidation: FitchFitch Ratings emphasized the limited medium-term impact of the RBI's surplus transfer on India's fiscal consolidation and debt path. The go...
24 May, 2024, 11.59 PM IST
Fitch sees rupee rebounding to 82 per dollar on bond inflowsThe rupee is expected to appreciate to 82 per dollar by the year-end, from about 83.50 currently, Jeremy Zook, a director at Fitch in Hong ...
08 May, 2024, 09.33 AM IST
Fitch 'neutral' on China, flags realty risksChina's economic growth will moderate to 4.6% next year from 5.3% in 2023, the ratings agency said in a Wednesday report titled "Greater Ch...
13 Dec, 2023, 11.49 PM IST
India to see challenges in meeting fiscal glide path - Fitch analyst"Essentially, it (the fiscal glidepath) implies further consolidation of about 0.7% of GDP for each of the following two fiscal years," Jer...
02 Feb, 2023, 12.29 AM IST
Budget short on structural reform announcements: FitchThe deficit targets present in the Union budget 2022-23 by Finance Minister Nirmala Sitharaman on Tuesday "are a bit higher than our foreca...
02 Feb, 2022, 02.02 PM IST
Centre's FY22 fiscal deficit may be better at 6.6% on stronger-than-expected tax buoyancy: FitchFitch has kept the sovereign rating unchanged and said that the risks to India's growth outlook are narrowing with rapid recovery.
26 Nov, 2021, 01.47 PM IST
Surge in Covid cases postpones but does not derail India’s recovery: Jeremy Zook, Fitch Ratings“We expect India’s strong rates of growth to persist over the medium term.”
26 Apr, 2021, 04.41 PM IST
Fitch, S&P flag high fiscal deficit, slow consolidation“The budget forecasts wider near-term deficits of 9.5% of GDP in FY21 and 6.8% in FY22 and a more gradual pace of consolidation than we had...
03 Feb, 2021, 09.20 AM IST
India's near-term fiscal deficit target higher than expected: FitchIndia, which has often complained its sovereign credit ratings by agencies such as Fitch not reflecting the economy's fundamentals, put the...
02 Feb, 2021, 01.30 PM IST