Fitch
World Bank’s World Governance Indicators (WGI)
According to a presentation prepared in 2020, by the then Principal Economic Advisor in the Ministry of Finance, Sanjeev Sanyal, inputs that go into the making of the World Bank’s World Governance Indicators (WGI) are arbitrary. What is the presentation ..
Tags: Fitch • Governance • India and the World Bank • Moody • Moody's Analytics
Month: Current Affairs - May, 2022
Category: International / World Current Affairs
Downgrade in Russia’s Ratings
Following severe sanctions implemented on Russia by the western countries, Moody’s and Fitch downgraded the country’s sovereign rating to ‘junk’ grade. Overview: Russia’s long-term issuer and senior unsecured (local and foreign-currency) debt ratings have been downgraded to ‘B3′ from ‘Baa3’ ..
Tags: Fitch • Moody • Moody's Investors Service • Russia
Month: Current Affairs - March, 2022
Category: Economy & Banking Current Affairs - 2022 • International / World Current Affairs
Fitch Solutions lowers India’s GDP growth to 4.9 per cent in FY20
Fitch Solutions recently lowered its forecast for India’s economic growth to 4.9 per cent in the current fiscal FY 20. The main reason for the cut in rate was weak domestic demand and supply chain interruptions due to the coronavirus outbreak and a ..
Tags: Coronavirus • Fitch • GDP growth
India’s Economic Growth
Projections by the IMF As per the latest projections made available by the International Monetary Fund (IMF), it has cut India?s growth forecast for 2019-20 to 7%. In its earlier forecast made available in April, it had reduced India’s growth ..
Tags: Fitch • GDP growth • IMF • Indian Economy
Fitch raises India's GDP forecast to 7.8% from 7.4% for FY19
Fitch Ratings in its Global Economic Outlook has revised up India’s growth forecast for current fiscal year (2018-19) to 7.8% from 7.4% projected earlier. However it has flagged tightening of financial conditions, weak bank balance sheets and rising oil bill ..
Tags: Business • Fitch • GDP forecast • India
Month: Current Affairs - September, 2018
Fitch retains India's sovereign rating at 'BBB-' with 'stable' outlook
Global credit rating agency Fitch has kept India’s sovereign rating unchanged at ‘BBB-‘ with stable outlook. This rating is at junk bond or lowest investment grade with stable outlook. A rating upgrade changes profile of country and makes it attractive ..
Tags: BBB • Business • Fitch • Sovereign Credit Rating • Stable Outlook