Fitch Ratings

HSBC Estimates 7.2% Contraction for Indian GDP but these estimates could be wrong

HSBC Estimates 7.2% Contraction for Indian GDP but these estimates could be wrong

Financial services major HSBC has predicted 7.2 percent contraction for India’s GDP, as per comments from HSBC India’ Chief Economist Pranjul Bhandari.

Indian Traders Ignore Fitch Ratings Downgrade for India

Indian Traders Ignore Fitch Ratings Downgrade for India

Fitch Ratings has downgraded outlook for India to negative.