Fitch News

Industry

Rating agencies look to RBI for curbing non-cooperation by companies

When companies stop sharing information that rating agencies require to maintain a watch over their credit ratings, they are termed non-cooperative

4 min read13 Jun 2024
News

Fitch revises Egypt’s outlook to positive on reduced external financing risks

EGYPT-RATINGS/FITCH (UPDATE 1):UPDATE 1-

1 min read4 May 2024
Companies

Fitch raises India GDP growth estimate for FY24 to 7.8%

It noted that economic growth had continued to outperform its quarterly forecasts, with a much stronger increase in real GDP than expected in the December outlook report.

2 min read14 Mar 2024
Industry

Vi may lose up to 70 million subscribers in next one year, says Fitch

Fitch Ratings says Vi’s ₹25,000 crore fundraise plan may not restore the cash-strapped telco’s competitive positionJio and Airtel may increase combined revenue market share to 80% in the next one year as Vodafone Idea is rapidly losing market share, Fitch said

2 min read1 Dec 2020
News

Reforms can support India’s medium-term growth: Fitch

The ratings agency expects the Centre to announce more reforms measures over the next few years, and hopes state governments will follow suitIt said the two landmark reforms, the IBC and good and GST, rolled out during the Union government’s first term faced setbacks due to the pandemic

1 min read20 Nov 2020

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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