Fitch Holds India's Credit Rating at BBB-, Cites Economic Resilience
Global ratings agency Fitch has maintained India's sovereign credit rating at BBB-, its lowest investment-grade level. The agency acknowledged that the Indian economy has shown resilience despite energy-related disruptions stemming from the ongoing West Asia conflict. Fitch pointed to a robust growth outlook and solid external financing fundamentals as key supporting factors. The decision reflects continued confidence in India's macroeconomic stability amid regional geopolitical pressures.
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