Tag: Fitch Solutions

India to breach fiscal deficit target in FY22: Fitch Solutions

It did not expect the government to significantly expand spending beyond what has been budgeted.

May 7, 2021

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