Fitch affirms IOC's BBB- rating with stable outlook

Last Updated: Monday, April 13, 2015, 20:13

International ratings agency Fitch on Monday affirmed its 'BBB-' rating on country's largest oil marketer Indian Oil Corporation and also retained the 'stable' outlook on company's long-term foreign currency rating and unsecured debt.

'Rating upgrade for India in next 12-18 months'

Last Updated: Sunday, April 12, 2015, 13:51

India is currently at the last rung of investment grade, just a notch above the 'junk' status, by all three leading global credit rating agencies - Moody's, S&P and Fitch.

Fitch affirms Tata Steel outlook stable

Last Updated: Friday, April 10, 2015, 15:31

Fitch on Friday reaffirmed its BB+ rating as well as 'stable' credit outlook for Tata Steel saying its highly profitable India operations is improving company's financial position.

Moody's ups India's rating outlook to positive; Fitch keeps it stable

Last Updated: Thursday, April 9, 2015, 20:01

In a big vote of confidence in the Modi government, rating agency Moody's Thursday raised India's credit outlook to 'positive', while Fitch projected faster growth -- raising hopes for an upgrade in its sovereign rating in the next 12-18 months.

Fitch retains India's credit outlook at 'stable'

Last Updated: Thursday, April 9, 2015, 17:45

Global rating agency Fitch Thursday retained India's credit outlook at 'stable' saying although "dynamism" is back in the economy translation of reforms into higher growth would depend upon actual implementation.

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.

Bank reforms positive but implementation a risk, says Fitch

Last Updated: Thursday, March 26, 2015, 20:20

Jaitley proposed to set up an autonomous Banks Board Bureau to help lenders raise capital for expansion needs.

India's economy likely to grow 8% in next fiscal: Report

Last Updated: Sunday, March 22, 2015, 13:16

The country's economy is likely to clock 8 per cent growth in the next financial year and 8.3 per cent in 2016-17, says a report.

German banks face big losses from Austria`s Hypo: rating agency

Last Updated: Thursday, March 12, 2015, 19:56

German banks could face substantial losses from a looming haircut on their loans to a bank in neighbouring Austria, but the losses will be manageable, rating agency Fitch said on Thursday.

India pitches for rating upgrade by Fitch

Last Updated: Thursday, March 12, 2015, 16:19

India on Thursday pitched for a rating upgrade by global agency Fitch saying that the country's growth prospects have improved on account of recent reform measures as well as lower oil prices, and its fiscal consolidation programme is on track.