Rating agency Fitch Ratings affirmed India’s long-term foreign-currency issuer default rating at ‘BBB-‘ with a stable outlook, citing sustained economic growth metrics.
The assessment highlighted resilient domestic consumption, strong investment activity, and stable macroeconomic conditions as foundational elements of the sovereign credit profile.
Fitch emphasized that ongoing fiscal consolidation measures and controlled inflation figures contribute to economic stability despite global market uncertainties.
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Sources:
https://newsonair.gov.in/category/business/fitch-rating-india