Fitch downgrades Sri Lanka to “restrictive default”

Colombo, May 20 (PTI) New York-based ratings agency Fitch has downgraded debt-ridden Sri Lanka’s sovereign rating to “restricted default” after the country defaulted on making international sovereign bond payments at…

Moody’s, Fitch downgrade Russia’s rating to ‘junk’ grade following sanctions by West

New Delhi, Mar 3 (PTI) Moody's and Fitch on Thursday downgraded Russia's sovereign rating to 'junk' grade following severe sanctions by western countries. While Moody's Investors Service downgraded Russia's long-term…