Daily Current Affairs on Fitch Ratings Affirms India’s Sovereign Rating at ‘BBB-‘ with Negative Outlook for General Knowledge ( All Exams) Preparation

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Fitch Ratings Affirms India’s Sovereign Rating at ‘BBB-‘ with Negative Outlook

Current GK ( Master) Growth and development
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Fitch Ratings Affirms India’s Sovereign Rating at ‘BBB-‘ with Negative Outlook
  • Rating agency Fitch Ratings has kept the sovereign rating of India unchanged at ‘BBB-‘ with a negative outlook.
  • Earlier, Fitch had estimated GDP contraction of 7.5 percent in 2020-21 and growth of 12.8 percent in the fiscal year FY22, followed by 5.8 percent in FY23.
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