Tag Archives: Fitch rating

Rating Agencies with ‘Poor Standards’? Questions India’s Chief Economic Advisor

India’s chief economic advisor Arvind Subramanian today lashed out at the functioning of the rating agencies in India for keeping India at a lower rating than China. Playing on the name of S&P rating agency that was earlier known as Standard & Poor’s, he said the rating agencies have “Poor Standards” and blamed them for not upgrading India “despite clear ...

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Fitch Pitches for India’s Robust Growth in Next 2 Years, Why?

Despite despair and slow-paced domestic growth, ratings agency Fitch on Thursday said that it expected India to have a more positive growth, as the economy gains momentum over the next two years. Fitch’s statement on the prospects of the India economy came up during questions asked by US investors on the financial health of banking institutions in emerging markets. "The ...

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