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Fitch puts current GDP growth at 7.1%, for next 2 years at 7.7%

Global rating agency Fitch on Tuesday said the Indian economy will grow by 7.1 per cent in the current fiscal before stepping up to 7.7 per cent in the next two financial years. The US-based......

Fitch pours cold water on Jio's dreams

Says, Jio unlikely to gain 2% revenue market share in 2017 Global rating agency Fitch does not see Reliance Jio, the new entrant in the highly competitive telecom space, gaining even 2 per cent of......

Rajan issue: Rating action depends on policies, not personalities, says Fitch

Rajan made a surprise announcement on Saturday that he was opting against a second term after his current three-year tenure ends on September 4. Allaying concerns of any impact on India's sovereign......

India pitches for ratings upgrade with Fitch

  India on Tuesday pitched for a ratings upgrade with global agency Fitch Ratings citing improvement in macroeconomic conditions and the government's commitment to fiscal consolidation. "We......

Home prices to remain resilient in 2016

Residential property prices would remain stable next year due to an improvement in demand, said a new report from Fitch Ratings. “Residential property prices should remain resilient in 2016,......
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Morning News Call - India, August 17

To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_08172017.pdf If you would like... ...

http://www.sify.com/finance/morning-news-call---india-august-17-news-economy-rirjamhjijhfc.html
Fitch

The government's capital infusion into IDBI Bank indicates it will not allow state-run banks to default on coupon payments on additional tier 1... ...

http://www.business-standard.com/article/pti-stories/govt-to-support-psbs-to-meet-at1-bonds-coupon-payments-fitch-117081600663_1.html
Government's help to lenders facing bond defaults a 'moral hazard' - Fitch

MUMBAI (Reuters) - The government risks creating "moral hazard" by injecting funds into state-run lenders such as IDBI Bank Ltd which are at risk... ...

http://www.business-standard.com/article/reuters/government-s-help-to-lenders-facing-bond-defaults-a-moral-hazard-fitch-117081600733_1.html
SE Asia Stocks-Flat to higher on prospects of better global economic growth

By Sandhya Sampath Aug 8 (Reuters) - Southeast Asian stock markets ended flatto higher on Tuesday on optimism over prospects of betterglobal... ...

http://www.sify.com/finance/se-asia-stocks-flat-to-higher-on-prospects-of-better-global-economic-growth-news-economy-riiqaseafchbb.html
World stocks shrug off slowing China trade to hit record high

By Nigel Stephenson LONDON (Reuters) - Global stocks inched up to a new all-time high on Tuesday, shrugging off weaker-than-expected China's trade... ...

http://www.sify.com/finance/world-stocks-shrug-off-slowing-china-trade-to-hit-record-high-news-commodities-riipFldedhdhf.html

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