Fitch Ratings: News

Pakistan: IMF's bailout package stalled amid debt, unmet loan conditions 

The International Monetary Fund (IMF) is reportedly likely to hold up the already agreed bailout package for cash-strapped Pakistan.

08 Dec 2020

Indian Economy

India's GDP to contract by 9.4% in FY21, says Fitch

India's GDP will contract by 9.4% in the current fiscal year, Fitch Ratings said in its latest Global Economic Outlook on Tuesday.

26 Sep 2018

Donald Trump

Can't hold US trade-talks with knife to the throat: China

China said it's impossible to hold trade talks with the US while Washington is imposing tariffs that are like "holding a knife to someone's throat".

21 Sep 2018

India

Fitch Ratings ups India's growth forecast to 7.8% for FY19

Fitch Ratings today upped India's growth forecast for the current fiscal to 7.8% from 7.4% projected earlier.

12 Sep 2017

India

Indian banks need $65 billion to meet BASEL norms: Fitch

To meet BASEL III norms, Indian banks will need an additional $65 billion by March 2019, said Fitch Ratings. PSU banks would require 95% of it.

04 Apr 2017

India

Private sector projects have reached a standstill in recent quarters

According to Centre for Monitoring Indian Economy (CMIE), the progress of private sector projects has reached a roadblock.

21 Mar 2017

Theresa May

Scottish Independence: Scotland could be independent, says Lord King

Lord Mervyn King, ex-Governor of the Bank of England, said Scotland "could be an independent country" but would "risk" taking a hit to its public finances if oil revenues fall.