India’s Petroleum Demand Set To Grow, But Oil Companies Face Margin Pressure, Fitch Says
India’s petroleum product demand is expected to rise by 3% to 4% in the financial year ending March 2025 (FY25), driven by increased consumer, industrial, and infrastructure activity, according to a report from Fitch Ratings.
Fitch Upgrades India’s GDP Growth Forecast To 7.2% For FY25
Global rating agency Fitch Ratings has raised India's GDP growth forecast for FY 2024-25 to 7.2%, up from its previous projection of 7%.
Indian Banks’ Operating Environment Gains Strength As Covid Risks Decrease: Fitch
Fitch Ratings announced that the operating environment for Indian banks has gained strength, with the waning of economic risks linked to the Covid-19 pandemic.
