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Fitch, S&P Flag India's High Fiscal Deficit, Slow Consolidation
On Tuesday, rating agencies flagged India's higher-than-expected fiscal deficit figures and a gradual pace in consolidation. Wider fiscal deficits and a more gradual pace of consolidation will lift the Indian government's debt and pressure its sovereign ratings, Fitch Ratings said, cautioning ...
Fitch S P Flag India S High Fiscal Deficit Slow Consolidation

India's GDP To Remain Well Below Pre-Pandemic Levels: FITCH
The coronavirus-induced recession in India has been one of the most severe among major emerging markets (EMs) amid a stringent lockdown and limited direct fiscal support, FITCH Ratings has stated in its latest report. "Growth will be supported by ...
Fitch Revises India's Outlook to Negative, Affirms IDR at 'BBB-
Fitch Ratings has revised the Outlook on India's Long-Term Foreign-Currency Issuer Default Rating (IDR) to Negative from Stable and affirmed the rating at 'BBB-'. The revision of the Outlook to Negative on India's Long-Term IDRs reflects the following key rating drivers, ...
Fitch Revises India S Outlook To Negative Affirms Idr At Bbb
Fitch Revises India's Growth Forecast To 0.8%, Moody's To 0.2%
Due to the Covid 19 outbreak and the subsequent lockdown to contain its spread, global ratings firm Fitch said weaker growth puts India's sovereign rating of BBB- in threat. Also, the agency sharply cut its growth forecast for the ongoing financial ...
Fitch Solutions Cuts India’s FY20 Economic Growth Forecast To 4.9%
On Monday, Fitch Solutions lowered India's economic growth forecast to 4.9 percent for the current financial year citing possible pressure on manufacturing due to weak domestic demand and supply chain disruptions amid coronavirus outbreak. For the upcoming fiscal year 2020-21, it ...
Fitch Solutions Cuts India S Fy20 Economic Growth Forecast To 4 9 Percent
Fitch Cuts India’s GDP Growth Forecast For FY20 To 5.5%
On Thursday, Fitch Ratings slashed India's GDP growth forecast to 5.5 percent for the current financial year 2019-20 on account of a large credit squeeze emanating from shadow banks that dragged the country's economic growth to a six-year low. Earlier, ...
Fitch Lowers India Growth Forecast For FY20 To 6.6%
On weaker progress in the manufacturing and agricultural sector over the past year, the global agency Fitch cut India's growth projection for the FY 2019-20 to 6.6% as against the earlier estimate of 6.8%. Further, for Fy 21 and Fy 22, ...
Fitch Lowers India Growth Forecast For Fy20 To 6
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