Bharat Express

Fitch ratings

Fitch Ratings has assessed APSEZ's acquisition of the NQXT as credit neutral, while emphasising its positive strategic value for the company.

Fitch keeps India’s FY26 GDP forecast at 6.5%, raises FY27 estimate to 6.3%, as per its March Global Economic Outlook report.

Indian banks' NPAs are set to drop to 2.4% by March 2025, with a further decline expected next year, says Fitch Ratings.

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%.

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.