India must strengthen manufacturing to create jobs, Fitch analyst says MUMBAI: India needs to strengthen its manufacturing sector to create jobs in the economy and facilitate its... Published 24 Jul, 2024 06:56am
Business & Finance Fitch Ratings told: Over 0.15m retailers registered as new taxpayers: Aurangzeb ISLAMABAD: Finance Minister Muhammad Aurangzeb on Monday said more than 150,000 retailers have been registered as... Published 23 Jul, 2024 06:34am
Pakistan Aurangzeb apprises Fitch representatives about IMF deal, reform measures for stable growth Finance Minister informs ratings agency officials that Pakistan aims to increase revenues by 1.5% of GDP in FY 2025 and by 3% over the next three years Updated 22 Jul, 2024 10:51pm
Editorials ‘Constitutional meltdown’? EDITORIAL: It’s not yet been announced when the IMF’s executive board will meet to discuss the fate of the... Updated 22 Jul, 2024 07:35am
Pakistan Fitch co says PML-N govt to remain in power for next 18 months ISLAMABAD: BMI, a Fitch Solutions company has predicted that the Pakistan Muslim League-Nawaz-led government will... Published 19 Jul, 2024 06:05am
Editorials Budget strengthens IMF deal prospects? EDITORIAL: The rating agency Fitch reaffirmed Pakistan’s rating at CCC reflective of continuing external funding... Published 24 Jun, 2024 07:16am
Business & Finance Budget strengthens IMF programme prospects: Fitch ISLAMABAD: Pakistan’s ambitious fiscal year 2025 budget strengthens prospects for an International Monetary Fund... Published 20 Jun, 2024 06:01am
Pakistan Fitch Ratings says Pakistan’s ‘ambitious’ budget strengthens IMF deal prospects Believes tight policy settings may depress growth more than the government expects, reduces growth forecast to 3% for FY25 Updated 19 Jun, 2024 10:06pm
Editorials Interaction with S&P and Fitch EDITORIAL: Finance Minister Muhammad Aurangzeb met with representatives from Standard and Poor’s and Fitch on the... Published 24 Apr, 2024 03:50am
Print Aurangzeb tries to ease concerns of S&P, Fitch Meets with representatives of S&P Global and Fitch Ratings on the sidelines of the IMF/World Bank Spring Meetings in Washington D.C Updated 22 Apr, 2024 11:49pm
Business & Finance Fitch cuts China’s ratings outlook on growth risks BEIJING: Fitch cut its outlook on China’s sovereign credit rating to negative on Wednesday, citing risks to public... Updated 10 Apr, 2024 02:34pm
Business & Finance US banks face loss risk from multi-family property loan exposure, says Fitch WASHINGTON: US banks with significant lending exposure to some multi-family properties and particularly... Published 29 Mar, 2024 04:45am
Opinion IMF programme will test SIFC Two is a trend, they say, and twice in two weeks now the market has shrugged off concerns of international rating... Published 29 Feb, 2024 04:41am
Opinion Default, then? Fitch’s doubts about securing a post-SBA (Stand-By Arrangement) IMF lifeline show that even leading IFIs... Published 22 Feb, 2024 06:55am
Opinion If the political news is grim, the economic news is often worse It is now increasingly clear that threats to the prospects of next International Monetary Fund (IMF) programme have... Published 20 Feb, 2024 03:09am
Print Next IMF programme: Fitch says political uncertainty may complicate efforts ISLAMABAD: The close outcome of Pakistan’s elections and resulting near-term political uncertainty may complicate... Updated 20 Feb, 2024 09:35am
Opinion Business environment and economic growth outlook According to the recent report entitled “World Economic Situation and Prospects (WESP) 2024” by the United... Published 18 Jan, 2024 05:54am
Editorials Fitch maintains rating EDITORIAL: Fitch has maintained Pakistan’s rating at CCC positive — a rating that has been stable since 10 July... Published 18 Dec, 2023 06:42am
Editorials The external resource shortfall EDITORIAL: The budgeted 6 billion dollars from the commercial banking sector abroad and through issuance of... Published 28 Nov, 2023 04:56am
Editorials Woeful rupee slide EDITORIAL: The interbank rupee-dollar parity registered at 287.85 on 14 November 2023 – a strengthening from the... Published 16 Nov, 2023 05:39am
Editorials Pakistan’s external financing needs EDITORIAL: The outgoing Shehbaz Sharif-led government budgeted 24.2 billion dollar external loans for the current... Published 15 Nov, 2023 06:09am
Markets Moody's warns US government shutdown would be 'credit negative' NEW YORK: A US government shutdown would have negative implications for its credit assessment as it would highlight... Published 26 Sep, 2023 12:22am
Opinion Rating agencies and Pakistan’s response There are three major international credit rating agencies providing investors information about bond and debt... Published 11 Sep, 2023 06:54am
Business & Finance Fitch cuts unit of China’s debt-hit Country Garden to junk BEIJING: Fitch has downgraded to junk the credit rating of a subsidiary of Chinese property giant Country Garden,... Published 24 Aug, 2023 11:14am
Business & Finance Morgan Stanley warns of hit to equity valuation if US fiscal spending is cut WASHINGTON: Brokerage Morgan Stanley on Monday warned that lofty US equity valuations could be questioned by... Published 08 Aug, 2023 06:37am
Markets Wall St falls after Fitch downgrades US rating NEW YORK: Wall Street fell on Wednesday after rating agency Fitch’s move to downgrade the US government’s credit... Published 03 Aug, 2023 05:54am
Business & Finance Dollar shrugs off Fitch’s US downgrade NEW YORK: The dollar rose on Wednesday as investors shrugged off Fitch’s US credit rating downgrade while data... Published 03 Aug, 2023 05:54am
Business & Finance Fitch cuts US credit rating to AA+ WASHINGTON: Rating agency Fitch on Tuesday downgraded the US government’s top credit rating, a move that drew an... Published 03 Aug, 2023 05:54am
Business & Finance Fitch upgrades Wapda’s rating ISLAMABAD: Fitch Ratings has upgraded Pakistan Water and Power Development Authority’s Long-Term Foreign-Currency... Updated 20 Jul, 2023 08:39am
Print Fitch upgrades rating on improved external liquidity ISLAMABAD: Fitch Ratings has upgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to “CCC”... Updated 11 Jul, 2023 09:02am
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost