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Energy & Infra

The government is selling its entire 52.98 percent stake in BPCL for which three expressions of interest (EoIs) including one from billionaire Anil Agarwal-led Vedanta Group have been received.

Fitch Cuts India Growth Forecast To 10 &, Says Rapid Vaccination To Support Revival

The global rating agency said the challenges for banking sector posed by the coronavirus pandemic have increased due to a virulent second wave in the first quarter of the financial year ending March 2022 (FY22).

PSU Bank Privatisation Plan Could Face Hurdles Amid Covid: Fitch

Banking & Finance Banking

'The Indian government's plan to privatise two state-owned banks in the current financial year (FY22, ending March 2022) could face delays amid renewed challenges for the Indian banking sector,'

MSMEs As Economic Engine Of Growth

Srinath Sridharan

Opinion Columns

Much often, China is a compulsory paragraph in Indian conversations around economic growth and future economy. Is “Overtaking China” – a comparison, a mission, a fixation or a competitive-benchmark ?

India Remains Vulnerable To Further Waves Of COVID-19: Fitch

India's slow pace of vaccination means that the country could remain vulnerable to further waves of the pandemic even once the current surge subsides

Economic Activity Down In April, May But Shock Less Severe Than 2020: Fitch

RBI has also allowed funding by small finance banks to smaller microfinance institutions (MFIs) for on-lending to be classified as priority-sector lending.

Expect Moderately Worse Banking Sector Outlook For Next Fiscal: Fitch

Companies & Markets Sector Reports

The state's less-than-adequate recapitalisation plans for its banks further underscores the risk, which will likely keep risk aversion high among banks amid continuing uncertainty about asset quality and an uneven economic recovery.

Global Container Shipping Rates High But Unsustainable: Fitch

Companies & Markets Sector Reports

Container box shortages and port congestions due to pandemic-related operational disruptions have extended container ships' turnaround times, further increasing freight rates.

Reliance's Proposed Business Reorganisation Credit Neutral: Fitch

The transfer will be on a slump sale basis subject to attaining the requisite approvals. The consideration for transfer will be in the form of long-term interest-bearing debt of 25 billion dollars to be issued by O2C to RIL.

Fitch rates REC Ltd's proposed USD notes BBB-minus

Fitch rates REC Ltd's proposed USD notes BBB-minus

Stranded assets a long-term risk for major fossil fuel exporters: Fitch

Stranded assets a long-term risk for major fossil fuel exporters: Fitch

Fitch upgrades Jubilant Pharma to BB with stable outlook

Fitch upgrades Jubilant Pharma to BB with stable outlook

Fitch Lower Risks For Redit Metrics Of Indian Oil Marketing Firms

Companies & Markets Sector Reports

Fitch expects HPCL's credit metrics including the proportionate consolidation of subsidiary HPCL-Mittal Energy Ltd to remain above the levels appropriate for its standalone credit profile of bb during FY22.

Passenger Vehicle Sales Up 11 Pc In January: SIAM