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3 mins read

Rate cuts might make it cheaper to buy a house, but they won't fix the US housing market's biggest problem

Lower interest rates might seem like a boon for buyers, but builders are facing a host of problems …

Filip De Mott   


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2 mins read

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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2 mins read

Fitch's negative outlook for China is more bad news for its stalling economy

Beijing is battling deflation and an ongoing property-market crisis that the ratings agency says is…

George Glover   


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2 mins read

At ₹100 crore, OYO posts FY24 as maiden profitable fiscal: Founder

"While a delighted customer or a hotel partner brings the biggest smile on my face, our first c…

PTI   


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India pitches for a rating upgrade with Moody's, questions rating methodology

India on Friday made a strong pitch for a sovereign rating upgrade with Moody's and also questioned…

PTI   


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Nifty, Sensex close a percent in the red after last hour of comeback

Indian stock markets plunged in early morning trade following cues from Wall Street as rating agenc…

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1 min read

Stock market today: Indexes rebound as inflation data reinforces Fed rate-cut bets

June's PCE inflation data came in line with expectations, and showed inflation modetaing at a 2.6% …

Filip De Mott   


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Emerging-market capital inflows soar to a decade high, expected to reach $200 bn in 2024

The anticipated increase is attributed to several factors including higher growth prospects in emer…

ANI   


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1 min read

S&P retains India's FY'25 GDP growth estimate at 6.8%

"We expect growth to moderate to 6.8 per cent this fiscal year, with high interest rates and lo…

PTI   


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1 min read

Home prices may pick up speed after the Fed cuts rates with 88% of the housing market still overvalued, Fitch says

"This will continue to impact affordability, particularly for entry-level and first-time homebuyers…

Filip De Mott   


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Stocks fall as Fitch's downgrade of US debt rating rattles confidence

Fitch downgraded the long-term outlook for the US from AAA to AA+ on Tuesday, pointing to "expected…

Phil Rosen   


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3 mins read

Fitch affirms India's sovereign rating on robust growth outlook, flags weak finances

India's rating has been unchanged at 'BBB-', which is the lowest investment grade, since August …

PTI   


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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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1 min read

Immigration has helped the hot US economy and labor market, but there's a risk of oversupply, Fitch says

The surge of immigration into the US is supporting the blowout jobs market, but eventually that cou…

Filip De Mott   


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1 min read

The US housing market is slowly thawing, but 91% of homes are still overvalued, Fitch says

"High mortgage rates and elevated home prices, which aggravate the affordability issue, continue to…

Filip De Mott   


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2 mins read

The looming office-real-estate crash will be worse than the Global Financial Crisis decline, Fitch says

Office values have dropped an estimated 35% this cycle and have yet to bottom out, Fitch Ratings sa…

Filip De Mott   


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4 mins read

S&P ups India's outlook to positive, raises hope for rating upgrade in 2 years

In a statement on Wednesday, the US-based agency said India's rating can be upgraded in the nex…

PTI   


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1 min read

The January 6 riot factored into Fitch's shock US credit rating downgrade, report says

The ratings agency cited the insurrection as an example of political polarization, a senior directo…

George Glover   


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4 mins read

OPINION: Green finance — need of the hour for net-zero transition — is gaining momentum in Indian economy!

In addition to the government and companies, there is increased interest from banks, NBFCs, venture…