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Fitch revises OYO’s long-term issuer rating to ‘positive’
The outlook revision reflects OYO on track to generate positive EBITDA and cash flow from operations in FY24, led by an ongoing demand recovery
Fitch keeps FY23 growth forecast at 7% intact
RBI already hiked interest rate by 190bps this fiscal so far; Banking analysts forecast 6.25%, which could be terminal rate for now
Asian shares lower as strong data hits hopes for Dovish Fed
Fitch Ratings revised its forecasts for world economic growth downward to reflect the Fed and other central banks’ interest rate hikes
India's bank credit to grow 13% in FY23
Strong loan growth should benefit net revenue, particularly as it will be coupled with wider net interest margins, says Fitch
No threat to India's sovereign rating: Fitch
Global rating says India has sufficient forex cushion to tackle risks associated with the rapid monetary policy tightening in the US and high global...
Risk to India's Sovereign Rating from external pressures is limited:...
The risk to India's sovereign rating from external pressures is limited, said Fitch Ratings on Wednesday.
Fitch cuts FY23 GDP growth forecast to 7%
Attributes reasons to slowing global economy, elevated inflation and rising interest cost; Its previous forecast was 7.8% for FY23; Global rating...
Improved economic activity to support demand for steel, cement &...
Fitch Ratings forecast strong medium-term growth to support the demand for India's steel, cement and chemicals sectors, with improved economic...