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Fitch affirms India's 'BBB-' rating, says outlook stable

By Economic Times - 2 months ago
Fitch has affirmed India's long-term 'BBB-' rating, maintaining a stable outlook. The agency cites India's strong medium-term growth and robust external finances as key factors. Forecasts indicate GDP growth of 7.2% for FY25 and 6.5% for FY26, with public infrastructure driving this growth despite potential job creation concerns.

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