Fitch Affirms India's Rating At ‘BBB-‘ With Stable Outlook, Expects US Tariffs To Have Limited Impact On Growth
"We forecast GDP growth of 6.5 per cent in the fiscal year ending March 2026 (FY26), unchanged from FY25, and well above the 'BBB' median of 2.5 per cent," Fitch Ratings said in a report on Monday.
Aug 25, 2025, 14:34 PM IST
Fitch Hikes India's GDP Forecast To 6.3% For Current Fiscal
Fitch further said that GDP growth in January-March was higher than expected, saying there has been a recovery in manufacturing after two consecutive quarterly contractions, a boost from construction, and an increase in farm output.
Jun 22, 2023, 23:22 PM IST
India may emerge fastest growing emerging markets in current fiscal, says Fitch Ratings; Retains growth outlook at 7%
Fitch Ratings retained the economic growth forecast for India at 7% for the current fiscal in its global economic outlook.
Dec 06, 2022, 18:03 PM IST
Fitch improves India's rating outlook to stable on 'solid' medium-term growth prospects
Fitch Ratings has improved the outlook on India's sovereign rating to 'stable' from 'negative' after two years.
Jun 10, 2022, 13:26 PM IST
Budget short on structural reform announcements: Fitch Ratings
Fitch Ratings said India's budget for the fiscal beginning April focuses on giving a boost to the ongoing economic recovery through a sharp increase in capex spending.
Feb 02, 2022, 14:05 PM IST
Fitch revises India GDP growth to 12.8% for FY22
In its latest Global Economic Outlook (GEO), Fitch said revision is on the back of "a stronger carryover effect, a looser fiscal stance and better virus containment."
Mar 25, 2021, 12:07 PM IST
Fitch forecasts 9.5% growth for Indian economy in next fiscal, S&P retains sovereign rating
In a good news for India, Fitch Ratings said on Wednesday (June 10) that Indian economy would register a sharp growth rate of 9.5 per cent next year if it manages to avoid further deterioration in its financial sector.
Jun 11, 2020, 08:23 AM IST
Indian economy to bounce back with growth rate of 9.5% in next fiscal: Fitch Ratings
Listing positives for India, Fitch Ratings said there was greater confidence in a sustained reduction in general government debt over the medium term to a level closer to the 'BBB' peer median.
Jun 10, 2020, 15:05 PM IST
Fitch cuts India growth forecast to 30-year low amid COVID-19 outbreak; GDP at 2% for FY 2020-21
Stating that an economic recession gripped global economy following the lockdowns due to COVID-19 pandemic, Fitch Ratings on Friday said the initial disruptions to regional manufacturing supply chains in China have now broadened to include local discretionary spending and exports.
Apr 03, 2020, 19:58 PM IST
Airtel results signal Indian mobile sector rebound: Fitch Ratings
Bharti's ratings headroom is likely to improve with an equity infusion, planned asset sales and growing Earnings before Interest, Tax, Depreciation and Amortisation (EBITDA) from Africa, it noted.
May 09, 2019, 10:06 AM IST
Patel's resignation highlights risks to RBI's policy priorities: Fitch
The Government Tuesday appointed former Economic Affairs Secretary Shaktikanta Das as the new Governor.
Dec 12, 2018, 13:34 PM IST
Fitch slashes India growth forecast to 7.2% on reduced credit availability
Indian economy grew 6.7 percent in 2017-18 fiscal.
Dec 06, 2018, 12:30 PM IST
BoB-Vijaya-Dena Bank merger plan shows govt willingness to pursue sector reform: Fitch
The boards of each bank will meet to give a go-ahead to the proposed merger.
Sep 28, 2018, 11:11 AM IST
Fitch revises Tata Motors outlook to negative
It affirmed the long-term issuer default rating of Tata Motors' at 'BB+'.
Sep 20, 2018, 18:26 PM IST
Banking sector outlook to stay negative till capital positions improve: Fitch
Fitch said the USD 151-billion stock of bad loans remains a risk for the sector's weak income base.
Aug 13, 2018, 13:13 PM IST
Fitch rates Bharti Airtel at BBB-; outlook stable
Fitch said, Bharti's IDR reflects its market-leading position in India, solid spectrum portfolio and diversified and integrated operations that are likely to help it withstand intense competition in India's mobile segment.
Jun 26, 2018, 16:45 PM IST
Fitch downgrades PNB's viability rating to BB-
According to a statement from the credit ratings agency, PNB`s other ratings are unaffected by this downgrade.
Apr 10, 2018, 17:48 PM IST
Fitch says Indian ABS not affected by PNB fraud
PNB, it says, still remains eligible as an account bank for Indian ABS transactions rated at 'BBB-sf'.
Feb 26, 2018, 14:59 PM IST
High govt debt burden constrains India's sovereign rating: Fitch
The 2018-19 Union Budget unveiled yesterday contains a number of policy measures with the potential to support economic demand and social well being.
Feb 02, 2018, 11:05 AM IST
Fitch cuts India's FY18 GDP growth forecast to 6.7%
Fitch, however, expects GDP growth to pick up in the next two years on back of gradual implementation of the structural reform agenda and higher real disposable income.
Dec 05, 2017, 10:01 AM IST