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Moody's raises India's growth forecast, Fitch affirms credit rating

Economy

29 August, 2024

Moody's raises India's growth forecast, Fitch affirms credit rating

Moody's raised India's growth projection for 2024 and 2025 citing signs of improving rural demand, while Fitch affirmed the country's ......

Govt aims rating upgrade citing better post-Covid economic conditions

Economy

13 March, 2023

Govt aims rating upgrade citing better post-Covid economic conditions

India is seeking an upgrade to its sovereign credit rating, currently at the lowest-possible investment grade, as the Asian nation ......

After Fitch, now Moody's downgrades Azure Power's bond rating

Infrastructure

17 January, 2023

After Fitch, now Moody's downgrades Azure Power's bond rating

Ratings giant Moody's Investors Service has cut its bond rating for CDPQ-backed Azure Power to 'Ba3' from 'Ba2', a day ......

Fitch downgrades Azure Power's bond rating

Finance

16 January, 2023

Fitch downgrades Azure Power's bond rating

Fitch Ratings has downgraded CDPQ-backed Azure Power Energy’s (Azure RG3) US dollar bond to ‘BB’ from ‘BB+’ on corporate governance ......

India's prized investment grade status hanging by a thread

Finance

13 May, 2021

India's prized investment grade status hanging by a thread

India's devastating COVID-19 crisis is making investors question more than ever whether after years of debt accumulation and patchy progress ......

Wider fiscal deficits could pressure India's ratings, says Fitch

Economy

02 February, 2021

Wider fiscal deficits could pressure India's ratings, says Fitch

Wider fiscal deficits and a more gradual pace of consolidation will lift the Indian government's debt and pressure its sovereign ......

S&P expects India's economy to contract 9% in FY21

Economy

14 September, 2020

S&P expects India's economy to contract 9% in FY21

S&P Global Ratings said on Monday that it was expecting India's economy to shrink by 9% in the fiscal year ......

Indian economy projected to contract 11.8% in FY21: Fitch arm

Economy

08 September, 2020

Indian economy projected to contract 11.8% in FY21: Fitch arm

India's economy is projected to contract 11.8% on the year in the current fiscal year beginning from April, before bouncing ......

Fitch cuts India outlook to ‘negative' on virus worries

Economy

18 June, 2020

Fitch cuts India outlook to ‘negative' on virus worries

Fitch cut its outlook on India's sovereign rating to "negative" from "stable" on Thursday and forecast a 5% contraction in ......

Fitch warns India against further deterioration in fiscal outlook

Economy

28 April, 2020

Fitch warns India against further deterioration in fiscal outlook

India’s sovereign rating could come under pressure if its fiscal outlook deteriorates further as the government tries to steer the ......