Fitch downgrades SAIL's credit profile to 'negative'

Last Updated: Wednesday, April 8, 2015, 21:05

Rating agency Fitch on Wednesday downgraded Steel Authority of India Ltd's (SAIL) credit profile to 'negative' from 'stable' stating subdued operating performance.

Fiscal reforms, low inflation positive for ratings: Fitch

Last Updated: Friday, March 27, 2015, 22:29

The agency has a 'BBB-'rating for the country with a stable outlook, which is the lowest investment grade rating, while Moody's has Baa3 and S&P has a BBB- outlook both with stable outlook.

Telcos' finances will be under pressure: Fitch

Last Updated: Friday, March 27, 2015, 21:27

The spectrum auction which concluded on March 25 attracted bids worth Rs 1,09,874.91 crore.

Budget could have slew of reforms: Fitch

Last Updated: Wednesday, February 18, 2015, 19:48

Expecting a slew of reforms in the upcoming Union Budget, global rating agency Fitch Wednesday said any deviation from fiscal consolidation path could be a negative for its investment grade rating for India.

Moody's, Fitch assign Baa3, BBB- rating to BPCL $2-bn bond sale

Last Updated: Wednesday, January 28, 2015, 21:00

Global rating agencies Moody's and Fitch Wednesday assigned Baa3 and BBB- ratings with stable outlook respectively, in line with the sovereign's, to the proposed USD 2-billion bond sale programme of state-owned Bharat Petroleum Corp Ltd, which is likely to hit the market anytime.

'Rate cut doesn't change sovereign credit profile overnight'

Last Updated: Thursday, January 15, 2015, 19:51

International rating agency Fitch on Thursday said that 25 basis point repo rate cut may not result in an improvement in sovereign credit profile in the short run.

Oil prices likely to rebound to $80 in 2015

Last Updated: Wednesday, December 24, 2014, 14:24

Crude oil prices are likely to recover towards the marginal cost of supply around USD 80 per barrel during 2015, a global rating agency has said.

Fitch raises Egypt`s credit rating to `B`

Last Updated: Saturday, December 20, 2014, 08:53

Fitch Ratings upgraded Egypt`s credit rating one rank to "B" with a "stable" outlook Friday, saying the authorities seemed committed to major reforms.

'Diesel deregulation, gas price to have positive impact on oil companies'

Last Updated: Wednesday, December 17, 2014, 14:27

Key oil and gas sector reforms like diesel deregulation and a new gas pricing policy will have a positive impact on companies engaged in fuel retailing and gas production, says a report by Fitch Ratings.

Fitch places Japan credit on Rating Watch Negative

Last Updated: Tuesday, December 9, 2014, 19:29

Fitch Ratings on Tuesday placed Japan`s sovereign credit on Rating Watch Negative, warning that the delay in raising consumption tax would put the government`s objective of reducing the national debt at risk.

Bold reforms needed for 6-7% GDP growth: Ratings agencies

Last Updated: Monday, December 8, 2014, 23:50

Pitching for bold reforms, two top global rating agencies Monday said the government needs to effectively implement its macro-economic and structural reform agenda for growing between 6-7 percent in coming years.

India's growth to accelerate to 6.5% in 2015 on reforms: Fitch

Last Updated: Monday, December 8, 2014, 22:24

India's economic growth rate will accelerate to 6.5 percent in 2015 and further to 6.8 percent in 2016 on account of reforms, Fitch Ratings said Monday.