The rating agency Fitch’s refusal to upgrade India’s sovereign rating underlines the Narendra Modi government’s inability to galvanize the economy. So, the rating remains unchanged at BBB-, the lowest investment grade with stable outlook.
What keeps our ratings down are the usual culprits — fiscal profligacy and restrictive business environment. Read the full article: https://www.pgurus.com/fitch-underlines-the-economic-weaknesses-of-india/
Fitch underlines the economic weaknesses of India
