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  Fitch retains India's FY2024 growth forecast at 6.3%, raises year-end inflation projection

  Business | September 14, 2023 21:54 IST

  India's economy experienced robust growth of 7.8% in the April-June quarter of the current fiscal year, driven by strong activity in the services sector and robust demand.

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  India to overtake China as largest importer of coking coal: Fitch Solutions

  Business | August 30, 2019 13:14 IST

  "As a result, we expect India to overtake China as the largest importer of global coking coal by 2025, despite the country only importing half as much as China in 2017," it added.

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  Telecom outlook negative, Reliance Jio market share may increase by 40-45%: Fitch Group company

  Business | August 30, 2019 12:48 IST

  India Ratings and Research (Ind-Ra) has maintained a negative outlook on the telecommunications services sector for the remainder of FY20. "Competitive intensity in the telecom industry has remained elevated with Reliance Jio Infocomm's (RJio) data tariffs that are 25-30 per cent lower than those of Bharti Airtel Limited (Bharti) and Vodafone-Idea Limited (Voda-Idea)," said the report.  

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  Congress stands fair chance in forming coalition government: Fitch Solutions

  India | February 21, 2019 19:57 IST

  The report titled 'Political Risk Analysis - Indian Election Could Lead To Fragmented Parliament And Weak Policymaking', also added that a likely coalition government post general elections due in April-May will have negative implications for continuity of policies of the current government.

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  Govt has to shift part of oil subsidy bill to next year: Fitch

  November 18, 2013 20:02 IST

  New Delhi: Rating agency Fitch Monday said government may have to shift part of the soaring oil subsidy bill of the current financial year to the next fiscal.The government had allocated Rs 65,000 crore for