Fitch Ratings News - Latest Updates & Headlines
US tariffs have mixed fiscal impact, will not solve underlying challenges: Fitch Ratings
New Delhi, April 9: Tariff revenues will help narrow the US budget deficit in 2025, but the hit to economic growth and additional tax cuts are likely to limit the size of any lasting fiscal benefit, Fitch Ratings said in a report.
Tariffs raise recession risk, Fed's ability to lower rates in US: Fitch
New Delhi, April 6: Reciprocal tariffs imposed by the US significantly raise risks for a recession in the US and constrain the US Federal Reserve's ability to lower interest rates further, Fitch Ratings said in a note.
India among some other emerging economies at risk of Trump tariffs, Fitch says
New Delhi, March 29: Trading partners of the US, particularly those emerging market economies where the tariff rates faced by US exporters exceed those charged on US imports, are at risk due to the Trump administration's impending reciprocity plans, Fitch Ratings said in a report.
Trade tariffs: India has strong advantage in high-value manufacturing, exports
New Delhi, March 23: Amid the debate on trade tariffs, industry leaders on Sunday said India has a strong advantage in high-value manufacturing and this situation could actually open doors for them in exports with right policy support.
India's large domestic market to cushion blow from US tariff hike: Fitch
New Delhi, March 19: The large size of India's domestic market, which reduces reliance on external demand, is expected to insulate the country from the US tariff hike, with the economy expected to maintain a growth of 6.5 per cent in FY26, global ratings agency Fitch said on Wednesday.
India insulated from global trade war, says Fitch; revises GDP growth forecast to 6.5% in FY25-26
New Delhi March 19: Fitch Ratings has revised India's growth rate for FY25-26 to 6.5 per cent and to 6.3 per cent for FY26-27 in its March Edition of the Global Economic Outlook because of the US-imposed global trade war.
Fitch Ratings sharply cuts world growth forecast because of US imposed global trade war
New Delhi March 19: President Donald Trump's reciprocal tariffs have started a global trade war and it will reduce not only the growth of the United States (US) and the world but also push up inflation and delay Federal Reserve rate cuts in US according to a report by Fitch Ratings.
Fitch affirms Adani Ports' 'BBB-' Rating, removes from Rating Watch Negative; outlook remains negative
New Delhi, March 12: Fitch Ratings has affirmed Adani Ports and Special Economic Zone Limited's (APSEZ) Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' and removed it from Rating Watch Negative (RWN), while maintaining a Negative Outlook.
Fitch affirms stable rating on Punjab National Bank
New Delhi, March 11: Fitch Ratings has affirmed Punjab National Bank's (PNB) Long-Term Issuer Default Rating (IDR) at 'BBB-' and its outlook as 'Stable. '
Fitch removes Adani Energy from 'Rating Watch Negative' list, hails long-term revenue visibility
New Delhi, March 10: Fitch Ratings has affirmed Adani Energy Solutions Limited's (AESL) long-term foreign and local-currency issuer default ratings (IDRs) at 'BBB-', removing the company from 'Rating Watch Negative' list.
Fitch removes Adani Energy Solutions from negative watch in first rating upgrade since US indictment
New Delhi, March 10: Fitch Ratings has removed Adani Energy Solutions from 'Rating Watch Negative' and affirmed its Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'BBB-'.
Fitch maintains South Korea's rating at 'AA-' with stable outlook
Seoul, Feb 6: Global credit appraiser Fitch Ratings said on Thursday it has reaffirmed South Korea's sovereign rating at "AA-" with a stable outlook.
Lower Brent prices to support margins for Indian fuel refiners: Fitch
New Delhi, January 31: Indian oil marketing companies' EBITDA will rise in the next financial year - 2025-26 -- as demand growth remains steady and Brent crude oil prices fall -- to USD 70 a barrel in 2025 and USD65 a barrel in 2026, said Fitch Ratings.
Large Indian NBFIs poised to outperform amid economic and regulatory challenges: Fitch Ratings
New Delhi, January 24: India's large non-bank financial institutions (NBFIs) are better positioned to weather economic and regulatory challenges compared to their smaller counterparts, according to Fitch Ratings.
NPAs of Indian banks likely to decline by another 0.4 per cent by March: Fitch
New Delhi, Jan 24: The gross non-performing assets (NPAs) ratio of Indian banks may decline by another 0.4 per cent to 2.4 per cent by March 2025 followed by a further 0.2 per cent dip in the next financial year, according to rating agency Fitch.
Indian corporates headed for better credit metrics in 2025-26: Fitch
Mumbai, Jan 13: The credit metrics of rated Indian corporates are expected to improve in the next financial year (April 2025-March 2026) driven by wider EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) margins, despite high capex intensity, according to the latest Fitch report.
India's demand for petroleum products expected to rise by 4 pc: Report
New Delhi, Jan 5: India's demand for petroleum products such as petrol, diesel and LPG is expected to rise by three to four per cent in the current financial year ending on March 31, 2025, according to a Fitch Ratings report.