Fitch Ratings
India Poised For Strong FY25: FinMin
News

India Is Alternative Destination To China For Supply Chain Diversification: Fitch

India’s expanding consumer market and vast labour force can make it an alternative destination to China as part of countries’ supply chain diversification, according to Fitch Ratings. According to the global rating agency, supply chain diversification away from China presents several emerging markets with an unprecedented opportunity to deepen global supply chain participation and expand […]

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Russia Remains Top Oil Source For India, Despite Red Sea Woes
News

Oil Price Shock Could Lower Economic Growth, Higher Inflation: Fitch

Higher-than-expected oil prices in a scenario where the ongoing Middle East conflict disrupts oil supply would cause lower economic growth and higher inflation, according to Fitch Ratings. According to the rating agency, world GDP growth would be 0.4 per cent points lower in 2024, but only 0.1 per cent points lower in 2025, although the […]

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Fitch Upgrades Global Growth Forecast to 2.4% in 2023
International News

Fitch Upgrades Global Growth Forecast To 2.4% In 2023

Fitch Ratings has raised the global growth forecast for 2023 to 2.4 per cent from its March estimate of 2.0 and noted that economic activity the world over is holding up better than as was expected. “The biggest upgrades have been to emerging markets (EM) where incoming (macro) data have been a lot stronger than […]

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