Fitch affirms India at 'BBB-' with stable outlook, says tariff impact on GDP will be 'modest'
- Posted on August 25, 2025
- By Business News Today
- 4 Views
Fitch affirms India at 'BBB-' with stable outlook, says tariff impact on GDP will be 'modest'
Fitch Ratings has affirmed Indias Long-Term Foreign-Currency Issuer Default Rating at ‘BBB- with a Stable Outlook. While upcoming U.S. tariffs pose a moderate downside risk, Fitch notes the situation remains uncertain. The Trump administration plans to impose a 50% tariff on Indian goods starting August 27.
