Question
Fitch Ratings retained India’s sovereign credit rating
at which level in August 2025?Solution
Fitch Ratings affirmed India’s sovereign rating at BBB- with a stable outlook . While acknowledging robust growth and external finances, it flagged risks such as high fiscal deficit, large government debt, and subdued private investment. Possible U.S. tariffs were highlighted as a downside risk, though exports to the U.S. account for only 2% of India’s GDP.
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