Tag: Fitch Solutions

Fitch Solutions revises forecast for Indian rupee to average at Rs 75.50/USD for 2021

From a technical perspective, the rupee is holding below its resistance level of Rs 72.50 to a dollar as well as trend resistance.

January 4, 2021

India’s fuel demand to contract 11.5% in 2020: Fitch Solutions

It forecast a 5 per cent year-on-year (y-o-y) growth in 2021 and 2022, as the outbreak is brought under control and the economic activity normalises.

September 19, 2020

India’s farm trade may rebound in second half of 2020: Fitch Solutions

This will be the case for palm oil imports that have been almost 40 per cent lower year-on-year over January-April.

June 23, 2020

India’s ‘mammoth’ COVID-19 package much smaller than it seems, says Fitch Solutions

The rating agency said a seeming reluctance for fiscal expansion by the central government amid the COVID-19 crisis in India also poses a significant downside risk to its 1.8 per cent growth forecast for 2020-21 fiscal.

May 19, 2020