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FITCH NEWS EFFECT
Stocks in news: Tata Technologies, Reliance Power, Cipla, Vodafone Idea, VedantaStocks in news: Waaree Renewable Technologies has secured an order worth Rs 277.20 crore for setting up a ground-mounted solar project of 1...- How will Moody's downgrade of US banks impact global markets? Nadia Elbilassy answersSo I think the situation right now would demand greater importance to what is going to happen soon. Maybe a mild recession is definitely in...
- Fitch’s US downgrade is stoking the very fight it warned againstFitch Ratings' decision to downgrade US government debt has been seized upon by rival political factions as a new weapon of combat in their...
- US markets may not see lasting impact from Fitch downgradeEarly moves in U.S. financial markets on Wednesday indicated some aversion to riskier assets as investors assessed the impact of the surpri...
- Pakistan economist Pervez Tahir calls for resumption of trade with IndiaPakistan political economist Pervez Tahir has called for the resumption of trade with India to reduce people's woes, Dawn reported. He call...
- 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...
- An Adani Group company could soon to be rated higher than sovereignThis development comes amid lower debt and rapid growth in business for the ports-to-energy conglomerate helmed by Asia's richest man Gauta...
- Fitch downgrade of India’s GDP numbers not surprising; good they improved outlook to stable: Mythili Bhusnurmath“Fitch is the latest and the smallest within three rating agencies to change their outlook for India from negative to stable, even as they ...
- Sri Lanka's state-owned insurance firm likely to incur losses in excess of LKR 1 billion due to the violence unleashed on May 9On May 9, violence erupted in Sri Lanka after supporters of former prime minister Mahinda Rajapaksa attacked peaceful anti-government prote...
- Crisis-hit Sri Lanka lifts state of emergencyThe state of emergency gave the police and the security forces sweeping power to arbitrarily arrest and detain people. The president's deci...
- Condition to improve but more airline bankruptcies likely in 2021: Fitch“Spiking coronavirus cases in various regions and inconsistent travel restrictions will keep airline traffic low at least through the first...
- World GDP recovery to strengthen from mid-2021 on vaccine rollout, India's GDP to shrink -9.4% in FY21: FitchFitch now expects world GDP to fall by 3.7% in 2020 compared to 4.4% in its September estimate. This is despite the expectation of renewed ...
- China won’t hold trade talks unless Donald Trump stops threatsChina cancelled talks that were scheduled for this week, and is digging in by prepping stimulus measures to cushion the economy.
- Bankruptcies can help China, says its central bankLetting local govts go bust will dispel beliefs of Beijing’s implicit guarantee.
- Fitch has negative outlook on banks, raises capital concernsFitch cited vulnerable capital position due to high bad loans and poor loan growth.
- Easing of FDI norms to support investment, GDP growth: FitchImplementation of reforms and boosting investment is an important credit factor for India, both to bolster growth and to reduce vulnerabili...
- Fitch downgrade to hit India's image as investment destinationDisappointing news about the state of the Indian economy has hit the headlines with regularity as growth has slowed and inflation stayed st...
- Microfinance companies needs stable regulation to survive: FitchFitch Rating's report stresses on the need for a single regulatory authority instead of multiple regulatory bodies monitoring the industry.
- Positive about future of Indian banking system: Brett HemsleyBrett Hemsley, MD, Financial Institutions, Fitch, in a chat with ET Now talks about global economy and Indian banking sector.
- Govt not to roll back hike in fuel pricesDecision on the hike in prices of petrol, diesel and LPG is final and there will not be any change to it, Petroleum Minister Murli Deora ha...
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