Fitch Ratings
Fitch affirms India's ‘BBB-' rating with stable outlook, flags fiscal risks despite resilient growth
Fitch Ratings has retained India's long-term foreign currency issuer default rating with a stable outlook, citing strong growth prospects. However, high debt levels remain a concern, with government debt projected to reach 56.1% of GDP by FY26, despite fiscal consolidation efforts.
2 min read25 Aug 2025Fitch forecasts India's GDP growth at 6.5% for FY26, affirms ‘BBB-' rating amid solid growth | 5 Points
Fitch forecasts India's GDP growth at 6.5 per cent for FY26, supported by strong economic fundamentals. Proposed GST reforms aim to enhance consumption and mitigate growth risks, despite challenges in fiscal metrics and structural indicators.
1 min read25 Aug 2025Fitch Ratings feels Israel's credit rating can ‘absorb the impact' of conflict with Iran. Here's why
Fitch Ratings notes that the Israel-Iran conflict raises geopolitical risks but Israel's credit rating can absorb the impact. The conflict is expected to remain contained, and any rise in oil prices may benefit regional producers.
3 min read17 Jun 2025Adani Energy to raise $502 million through stake sale
Billionaire Gautam Adani-controlled Adani Energy Solutions Ltd. approved raising 43 billion rupees ($502 million) via a stake sale.
1 min read1 Jun 2025Fitch backs India's fiscal path, Moody's warns tax cuts may slow consolidation
The budget reflects India's commitment to fiscal consolidation, according to Fitch, but Moody's said it was concerned about the impact of tax cuts on revenues. Both agencies reaffirmed India's sovereign ratings amid challenges posed by high debt-to-GDP ratios.
3 min read4 Feb 2025Telecom companies looking to boost free cash flow as sector improves: Fitch Ratings
The shift from hyper-competition and a rapid transition to 5G networks will aid in deleveraging, the US rating agency added in a note on Friday.
3 min read29 Nov 2024Fitch Ratings says it may cut some Adani Group bonds to junk status
The U.S. rating company said it will monitor the U.S. investigations closely, the outcome of which could reflect significantly weaker corporate governance practices at the Indian conglomerate.
1 min read26 Nov 2024Ratings agencies warn of downgrade if Boeing strike prolongs
BOEING-LABOR/RATINGS (UPDATE 3, PIX):UPDATE 3-Ratings agencies warn of downgrade if Boeing strike prolongs
2 min read14 Sep 2024Israel's Rating Cut by Fitch as Gaza War Seen Lasting Into 2025
Israel's sovereign debt was cut by one notch by Fitch Ratings, which kept a negative outlook on the credit as continued military conflict weighs on the country's public finances.
1 min read13 Aug 2024Lower debt-to-GDP ratio could boost India's chances of a credit rating upgrade: Fitch
India's government debt-to-GDP is higher than that of its BBB-rated peers, Fitch noted. As of July, India's government debt was 56.8% of its GDP, according to the finance ministry.
2 min read26 Jul 2024