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Fitch revises India's credit outlook to stable

Last Updated: Wednesday, June 12, 2013, 17:02

Taking note of the government's efforts to contain fiscal deficit, Fitch Ratings revised India's Outlook to Stable from Negative and affirmed 'BBB-' rating.

Policy execution key to rating assessment: Fitch

Last Updated: Monday, February 04, 2013, 23:18

"Public commitments and policy announcements by the Indian government so far in 2013 are encouraging signals that the authorities want to maintain the momentum towards fiscal consolidation and structural reform generated since last summer," the agency said in a note.

Fitch repeats rating threat; Govt says 'nothing to worry'

Last Updated: Tuesday, January 08, 2013, 15:23

Rating agency Fitch Tuesday warned of a downgrade in India's sovereign rating in the next 12-24 months citing slowing GDP growth and weak public finances.

Fitch action based on older data, says Pranab

Last Updated: Monday, June 18, 2012, 18:51

Finance Minister Pranab Mukherjee Monday rejected Fitch downgrade of India's credit outlook to negative saying the rating agency's action was based on "older data" as it ignored recent positive trends.