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Growth in Asia Pacific emerging markets to remain strong in 2024: Fitch

The economic growth in Asia Pacific will remain strong in 2024 and GDP is expected to grow by about…

PTI   


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2 mins read

Global GDP will grow the most since 1980 this year amid widespread vaccination and massive stimulus, Fitch says

While Fitch's forecast calls for the fastest growth in decades, it's lower than estimates from Gold…

Ben Winck   


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TCS revenue growth to slowdown in FY24: Fitch Ratings

Credit rating agency Fitch Ratings on Thursday said Tata Consultancy Services Limited's (TCS) reven…

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Ratings agency Fitch says it considers China's Evergrande to be in default, and cuts its creditworthiness even further into 'junk' territory

Fitch's rating downgrade highlights Evergrande's inability to make a crucial interest payment this …

Shalini Nagarajan   


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3 mins read

Coalition politics, weakened mandate could make passing legislations on ambitious reforms challenging: Fitch

As the NDA is all set to form the government, Fitch Ratings on Thursday said coalition politics and…

PTI   


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Fitch Ratings: Indian banks' viability ratings set to flourish amid improved conditions

Fitch foresees the continuation of robust Viability Ratings (VR) for Indian banks, largely propelle…

ANI   


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Cyberattacks hold ‘potentially significant impact’ on countries’ credit ratings: Fitch Report

Cyberattacks are a growing risk with countries devoting more resources to defend against them, acco…

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2 mins read

Fitch Ratings revises outlook on OYO's long-term issuer ratings to 'positive' from 'stable'

Fitch Ratings on Wednesday said it has revised the outlook on Oravel Stays Ltd's (OYO) long-term fo…

PTI   


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3 mins read

Risk to India's sovereign rating from external pressures is limited: Fitch

The risk to India's sovereign rating from external pressures is limited, said Fitch Ratings on Wedn…

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China's cement sector faces headwinds, while India sees steady growth: Fitch Ratings

Fitch Ratings' insights reveal a challenging outlook for Chinese cement demand in 2024, driven by o…

ANI   


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Fitch official confirms that January 6 Capitol riot was partially behind its controversial US downgrade

The Treasury Department and multiple economists have harshly criticized Fitch's decision to downgra…

Brent D. Griffiths   


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2 mins read

US crypto mining poses a supply risk to public power utilities, according to Fitch Ratings

Crypto mining could pose power supply issues for public power utilities in the US if not mitigated,…

Hamza Fareed Malik