New Delhi, Jan 8 : Fitch Ratings today renewed its “negative” outlook on India's sovereign credit rating, citing concerns about slowing economic growth, persistent inflationary pressures and an uncertain fiscal outlook.The comments from Fitch sovereign
New Delhi, Sep 28: Ratings firm Fitch, on Friday, lowered India's growth projection for the current fiscal to 6 per cent from 6.5 per cent estimated earlier citing challenging economic outlook. “India's economic outlook remains
New Delhi, Aug 12: Fitch Ratings, which recently lowered India's credit outlook to negative, has said that possibility of downgrading the country's sovereign rating is more than 50 per cent in the next 12-24 months.
New Delhi, July 13: Air India has invited offers for appointment of merchant bankers for issuing government-guaranteed bonds to the tune of Rs 7,400 crore to raise resources, airline sources said today. The move to
New Delhi, Jun 20: Global agency Fitch today cut credit rating outlook to negative from stable of 11 financial entities including SBI , ICICI Bank , PNB and Axis Bank . The action follows the
New Delhi, Jun 18: Another global rating agency Fitch today lowered India's credit rating outlook to negative, citing corruption, inadequate reforms, high inflation and slow growth as reasons for the revision.India faces an “awkward combination”
Mumbai, June 9: The Reserve Bank of India, on Friday, permitted non-resident Indians (NRIs) to send remittances more frequently, a step to boost foreign currency inflows and check rupee fall. Resident Indians are now allowed
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