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Have minimised COVID-19 spread, cut transmission: Govt

Asserting that the ongoing lockdown has helped minimise the spread of coronavirus, the government on Thursday said the recovery rate among COVID-19 patients has almost doubled in last the ten days......

'Lockdown unlikely to contain COVID-19 surge in India'

India extending the nationwide lockdown by nearly three more weeks to May 3 is unlikely to stem the surge in coronavirus infections and economic and humanitarian crisis will exacerbate due to slow......

Focus shifts to rapid testing as India's COVID-19 tally rises to 2,547

Ramping up their efforts to contain the COVID-19 outbreak, authorities on Friday announced exclusive isolation wards and initiated rapid tests in areas identified as hotspots of the infection while......

FATF retains Pakistan in Grey List; warns of action

Putting Pakistan on notice, the international terror financing watchdog Financial Action Task Force (FATF) on Friday warned it will be blacklisted if it does not control terror funding by February......

Terror financing watchdog decides to keep Pak in 'Grey' list

The FATF continuing Pakistan in the 'Grey' list means its downgrading by the International Monetary Fund, the World Bank, the Asian Development Bank, the European Union and also a......

Fitch sees RBI holding interest rates through FY22

Fitch Solutions sees RBI keeping benchmark interest rates unchanged during the fiscal to March 2022 following its decision to buy Rs 1 lakh crore of government bonds. IMAGE: Shaktikanta Das,......

NBFCs face renewed asset quality risks amid 2nd COVID wave: Fitch

Non-banking finance companies face renewed asset quality and liquidity risks amid a second wave of COVID-19, Fitch Ratings said on Thursday. Illustration: Dominic Xavier/Rediff.com These......

Fitch revises India's GDP growth to 12.8% for FY22

Fitch Ratings has revised India's GDP growth estimate to 12.8 per cent for the fiscal year beginning April 1 from its previous estimate of 11 per cent, saying its recovery from the depths of the......

Fitch paints a bleak future for Indian banks

Fitch Ratings on Monday said it expects a moderately worse sector outlook for Indian banks for the next fiscal beginning April 1 based on muted expectations for new business and revenue generation,......

Reliance's proposed business reorganisation credit neutral: Fitch

The proposed reorganisation plan by Reliance Industries Ltd to transfer its refining, marketing and petrochemical (oil-to-chemicals) businesses to a wholly-owned subsidiary is a step towards......

Sports Shorts: F2 driver says 'halo' saved his life

IMAGE: F1 driver sports a halo. Photograph: Albert Gea/Reuters Japanese F2 driver Tadasuke Makino reckons the new 'halo' head protection device, which made its debut in the junior series and......
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Fitch removes positive outlook on Future Group due to delay in Reliance deal

In a rating note Fitch retained FRL's rating at C, a notch above the default or D grade on its $500 million 5.6% senior secured notes due 2025.... ...

https://economictimes.indiatimes.com/industry/services/retail/fitch-removes-positive-outlook-on-future-group-due-to-delay-in-reliance-deal/articleshow/82106554.cms
Fitch to wait until next year to make final Covid-19 judgments

Credit rating agency Fitch says is it likely to wait until next year before making final judgment calls on many of the countries still on downgrade... ...

https://timesofindia.indiatimes.com/business/international-business/fitch-to-wait-until-next-year-to-make-final-covid-19-judgments/articleshow/82071677.cms
'With interest rates on hold, quantitative easing to unfold'

Fitch Solutions has revised its forecast for the Reserve Bank of India (RBI) to keep its policy repurchase (repo) rate on hold at 4 per cent over... ...

https://timesofindia.indiatimes.com/business/india-business/with-rbi-keeping-interest-rates-on-hold-quantitative-easing-to-unfold-fitch/articleshow/82004423.cms
Covid may hit telcos’ user gains in June quarter, delay tariff hikes

The latest spike in Covid cases and select restrictions in force in various places are likely to slow down mobile user additions in the April-June... ...

https://economictimes.indiatimes.com/industry/telecom/telecom-news/covid-may-hit-telcos-user-gains-in-june-qtr-delay-tariff-hikes/articleshow/81975103.cms
Fitch

Non-banking finance companies face renewed asset quality and liquidity risks amid a second wave of COVID-19, Fitch Ratings said on Thursday.... ...

http://www.rediff.com/money/report/second-covid-wave-nbfcs-face-renewed-asset-quality-risks/20210408.htm

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