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Fitch slashes India GDP forecast to 8.4% for current fiscal
WebDec 8, 2024 · Fitch Ratings on Wednesday slashed India’s economic growth forecast to 8.4% for the current financial year given that less than one-third of the population is fully vaccinated and new Omicron variant poses a new risk to the recovery. However, it raises India growth projection to 10.3% for the next financial year. “We have cut our FY22 … Web2 days ago · Fitch has also downgraded Sino-Ocean's USD600 million subordinated perpetual debt to 'CCC', with a Recovery Rating of 'RR6', from 'B-'. All ratings remain on Rating Watch Negative (RWN). The downgrade reflects increasing uncertainty over Sino-Ocean's financial flexibility, following missed payment of amortisation on syndicated … gregg needs to buy gas and oil for his car
Fitch - definition of fitch by The Free Dictionary
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