Fitch rating

NEW DELHI: FitchRatings on Thursday raised India's GDP growth forecast for the current financial year, citing broad-based strength and robust quarterly GDP growth. Fitch had earlier forecast the economy to grow by 6% in 2023-24, lowering…

Fitch Ratings has said two Adani Group entities - Adani Transmission (ATL) and Adani Ports and Special Economic Zone (APSEZ) - face potential contagion threats due to likely governance risks at the parent conglomerate, although the global…

<!-- -->Fitch Ratings has affirmed a 'BBB-' rating to gas utility GAIL (India) LtdNew Delhi: Fitch Ratings has affirmed a 'BBB-' rating to gas utility GAIL (India) Ltd, with a stable outlook, on premise that the firm's financial…

<!-- -->Fitch Ratings has revised India's long term foreign currency issuer default rating (IDR) to stable from negative while retaining the 'BBB-' rating. "The outlook revision reflects our view that downside risks to medium-term…

The rating firm also scaled up its inflation forecast for India, says it could peak upto 7% The rating firm also scaled up its inflation forecast for India, says it could peak upto 7%  Fitch Ratings downgraded its 2022-23 growth forecast…