Fitch Solutions has revised its forecast for the Indian rupee to average stronger at Rs 75.50 per US dollar in 2021 from Rs 77 previously, and Rs 77 in 2022 from Rs 79 previously to account for a stronger 2021 forecast. ...
India's power consumption and generation are likely to contract by 6.6 per cent and 6.8 per cent respectively, and for capacity to grow by only 2.7 per cent this year, according to Fitch Solutions. ...
Fitch Solutions has made a further downward revision to India refined fuels demand forecast for 2020 from minus 9.4 per cent to minus 11.5 per cent in line with further deterioration in the country's economic outlook. ...
Fitch Solutions has revised its fiscal deficit forecast for India to 8.2 per cent from 7.2 per cent earlier due to quicker divergence in expenditures and non-debt receipts which saw the deficit exceed the full-year target in only four months. ...
Share India Securities Limited, one of India's leading hi- tech broking Company and financial service provider, announced strong financial results for the quarter and year ended March 31st 2020. ...