Fitch affirms India rating on robust growth, flags youth job risks to fiscal profile
Credit ratings agency Fitch on Tuesday affirmed India’s sovereign rating at ‘BBB-’, citing robust growth balanced against still-weak fiscal metrics that it reckons could face pressure from rising concerns over youth unemployment. Fitch said macroeconomic stability and improving policy credibility would underpin India’s growth despite near-term macroeconomic headwinds from an energy shock stemming…
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