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Rating revision hinges on reform measures: Fitch

Last Updated: Wednesday, July 30, 2014, 22:53

Global rating agency Fitch has retained 'BBB-' sovereign ratings of the country with a "stable" outlook and said rating revision depends on the new government's willingness to make difficult choices.

Diesel subsidy to fall 25% this fiscal to Rs 1 trillion: Fitch

Last Updated: Tuesday, July 08, 2014, 19:25

Global ratings agency Fitch on Tuesday said the regular increase in diesel price to align it with market will lead to a 25 percent fall in fuel under- recoveries this fiscal at about Rs 1 trillion (Rs 1 lakh crore).

Modi effect: Fitch revises economic growth forecast to 5.5%

Last Updated: Tuesday, July 01, 2014, 18:34

International rating agency Fitch Tuesday said India's economic growth will accelerate to 5.5 percent this financial year and 6.5 percent in FY16 due to the clear mandate received by the pro-reform Narendra Modi government.

Clear mandate to BJP improves prospects for reforms: Fitch

Last Updated: Tuesday, May 20, 2014, 18:10

The clear electoral mandate given to the Narendra Modi-led BJP has reduced political uncertainty and improved the prospects for economic policy reform, Fitch Ratings said Tuesday.

Fitch revises outlook on Tata Steel to stable

Last Updated: Monday, April 14, 2014, 18:33

Credit rating agency Fitch on Monday revised outlook on Tata Steel and its subsidiary Tata Steel UK Holdings Ltd to stable from negative on possible improvement in its financial profile.

Small towns to see more hiring in telecom sector: Experts

Last Updated: Sunday, April 13, 2014, 16:03

It also helps the company in managing lower recurring cost in increments and physical infrastructure are also available at much lesser cost as compared to the metros, he said.

Fitch pegs India's growth this fiscal at 5.5%

Last Updated: Friday, April 11, 2014, 20:25

Global rating agency Fitch Friday pegged India's growth at 5.5 percent in the current fiscal and 6 percent in 2015-16 and affirmed the country's rating outlook at stable level.

Fitch satisfied with overall macroeconomic situation: Mayaram

Last Updated: Monday, February 03, 2014, 20:49

Representatives of global rating agency Fitch Monday discussed India's prospects with finance ministry officials, who said they were satisfied with the country's overall macroeconomic situation.

Fitch affirms Germany`s top-notch debt rating

Last Updated: Friday, January 24, 2014, 14:40

International credit rating agency Fitch affirmed Friday the top-notch triple-A rating on Germany`s sovereign debt and said the outlook was stable.

Fitch upgrades outlook of Indian telecom sector to 'stable'

Last Updated: Wednesday, December 11, 2013, 22:30

Global credit rating agency Fitch Wednesday upgraded outlook for the Indian telecom sector from 'negative' to 'stable'.

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

Last Updated: Monday, November 18, 2013, 15:24

The government had allocated Rs 65,000 crore for petroleum subsidies in 2013-14, of which Rs 45,000 crore has already been utilised to pay the oil marketing companies to meet their subsidy requirement of previous financial year.

India to rely on 2014-15 budget for oil subsidies: Fitch

Last Updated: Monday, November 18, 2013, 13:05

Fitch Ratings on Monday said the Indian government will have to depend on its FY 2014-15 budget to fund part of the current financial year’s oil subsidies bill.