Live Breaking News & Updates on Fitch Ratings Director
Stay updated with breaking news from Fitch ratings director. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
In a post budget commentary, Fitch Ratings Director, Sovereign Ratings, Jeremy Zook said over the next five years, India s government debt-to-GDP ratio would be broadly stable at just above 80 per cent of GDP. This is based on a continued path of gradual deficit reduction, as well as robust nominal growth of around 10.5 per cent of GDP. ....
Get latest articles and stories on India at LatestLY. Fitch Ratings on Friday said the slightly faster pace of fiscal deficit reduction does not significantly change India's sovereign credit profile but the government's emphasis on deficit reduction will help to stabilise the debt-to-GDP ratio over the medium term. India News | Faster Pace of Fiscal Deficit Reduction Does Not Significantly Change India's Credit Profile: Fitch. ....
Fitch last week kept the sovereign rating unchanged at 'BBB-' with a negative outlook, and said the risks to India's medium-term growth outlook are narrowing with rapid economic recovery from the pandemic and easing financial sector pressures. ....