Fitch affirms India’s credit rating at ‘BBB-‘: Trump’s tariffs seen as ‘moderate’ risk

 Fitch affirms India’s credit rating at ‘BBB-‘ with a stable outlook, buoyed by strong growth and robust external finances, despite potential US tariffs. While these tariffs pose a moderate downside risk, their direct GDP impact is expected to be modest. Fitch affirms India’s credit rating at ‘BBB-‘ with a stable outlook, buoyed by strong growth and robust external finances, despite potential US tariffs. While these tariffs pose a moderate downside risk, their direct GDP impact is expected to be modest.