Fitch Ratings Archives

December 4, 2025 1:34 PM

Fitch raises India’s FY26 GDP growth forecast to 7.4% on strong consumption, tax reforms

Fitch Ratings on Thursday revised India’s GDP growth forecast for FY26 to 7.4%, up from its earlier estimate of 6.9%, citing strong domestic demand and the positive impact of recent tax reforms. The global rating agency said private consumption re...

August 25, 2025 4:06 PM

Fitch affirms stable outlook on India, citing robust growth

Fitch Ratings on Monday affirmed India’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB-’ with a stable outlook. India’s rating is supported by robust growth and strong external finances, the rating agency said in a statement...

May 22, 2025 9:02 PM

Fitch Ratings ups India’s growth potential to 6.4 pc over next 5 years

Global rating agency Fitch Ratings on Thursday raised India's GDP growth potential by 0.2 percentage points to 6.4 per cent over the next five years, on the back of a sharper rise in the country’s labour force participation rate in recent years. F...

April 17, 2025 4:56 PM

Fitch projects India’s GDP growth at 6.4% for FY26, retains 6.3% for FY27

Fitch Ratings on Thursday revised India’s GDP growth forecast for FY26 to 6.4%, citing global economic uncertainties, while maintaining its projection of 6.3% for FY27. The global ratings agency also lowered its estimates for FY25 and FY26 by 10 b...

January 24, 2025 5:08 PM

Large Indian NBFIs poised to outperform amid economic and regulatory challenges: Fitch Ratings

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. While softer economic conditions, tighter bank funding, and...

January 5, 2025 5:44 PM

India’s demand for petroleum products expected to rise by 4%: report

India’s demand for petroleum products, including petrol, diesel, and LPG, is projected to increase by 3-4% in the current financial year ending March 31, 2025, according to a report by Fitch Ratings. The growth is attributed to rising consumer dem...

June 19, 2024 5:39 PM

India will see higher consumer spending as inflation moderates: Fitch

Fitch Ratings has said that India will see higher consumer spending as inflation moderates, resulting in elevated consumer confidence. The credit rating agency in its June report Global Economic Outlook (GEO) report said that expectations of a bette...

June 6, 2024 11:57 AM

Fitch maintains India’s rating at BBB-Stable, as coalition govt takes shape at centre

Fitch Ratings has maintained its assessment of India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook, despite the coalition government following the recent election results. The affirmation of India's rating ...

January 17, 2024 9:53 AM

India poised to remain one of fastest-growing economies in world for next few years: Fitch

Fitch Ratings has said that India is poised to remain one of fastest-growing economies in the world in next few years. The rating agency has also affirmed India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB (minus)' with a stable o...

September 26, 2023 3:59 PM

Fitch downgrades Bangladesh’s foreign debt outlook to negative

Fitch Ratings has revised its outlook on Bangladesh's Long-Term Foreign-Currency Issuer Default Rating (IDR) to Negative from Stable, and affirmed the IDR at 'BB-' An IDR represents an assessment of an issuer government's relative likelihood of defa...