"Given the size of their net exposure... the negative rating impact would be most significant for EBRD and IBRD, and likely limited to one ...

France is in "very close talks" with debt rating agency Standard and Poor's, Prime Minister Elisabeth Borne said Sunday, after a downgrade ...

As oil rates have started moderating, the five-month-old tax on windfall profits made by oil cos will be phased out in 2023, Fitch Ratings ...

The sales volume had taken a toll during pandemic, however, a recovery in medium and heavy commercial vehicle (MHCV) from multi-year lows, ...

Fitch also expects OMCs to incur large marketing losses in FY23 with continuing negative marketing margins as we expect crude oil prices to...

In its Global economic Outlook-March 2022, Fitch said the post-COVID-19 pandemic recovery is being hit by a potentially huge global supply ...

Ratings agency Fitch last week downgraded Russia's sovereign debt rating farther into junk territory, warning that the decision reflects th...

A country is considered to have defaulted on its debt when it is unable to honour its financial commitments on time with its creditors. The...

The specter of Russia defaulting on $40 billion of external bonds - its first major such default since the years following the 1917 Bolshev...

Overnight Fitch said that U.S. and European Union sanctions prohibiting any transactions with the Bank of Russia would have a "much larger ...

Fitch said the war has raised risks to financial stability and could undermine Russia's ability to service its government debt. It said tha...

Russia's financial markets have been thrown into turmoil by its assault on Ukraine, the biggest on a European state since World War Two, an...

S&P downgraded its rating from B to B-, with a negative outlook, noting potential disruptions to key sectors such as agricultural exports a...

The big three for 90% of the global ratings market. The criteria used by them for rating emerging economies has often come under critical e...

Putin called Tuesday on the International Monetary Fund (IMF) to lend an additional $3 billion to Ukraine to help the ex-Soviet country pay...

With the government abandoning its fiscal responsibility targets, there have been worries that India’s rating could slip along with the fis...

Flush with surplus capital and liquidity, European banks are increasingly looking for potential acquisition targets in India.