Fitch holds the line firm on India’s rating
Fitch Ratings on Tuesday affirmed India's sovereign rating at 'BBB-' with a stable outlook and said the domestic economy remains strong, despite headwinds from the energy shock arising from the West Asia crisis.Fitch said it does not expect a durable risk to India's growth prospects arising from uncertainty related to the US-Iran conflict.ALSO READ | India growth seen slowing to 6.6% in FY27, says Fitch Group company BMI"India's economy has been resilient to shocks in recent years, a trend we expect to continue," Fitch said, while assigning the lowest investment grade rating of 'BBB-'.India's
