Fitch Ratings retained India's sovereign credit rating at 'BBB-' for the 20th consecutive year, based on a robust growth outlook. The agency forecast India's GDP growth at 6.4%. It also flagged fiscal risks arising from youth protests over jobs, according to reports.
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Sovereign rating and the agency's GDP forecast are frequently tested economy facts.
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- Rating: 'BBB-' retained for the 20th consecutive year.
- Basis: a robust growth outlook.
- Forecast GDP growth: 6.4%; flagged fiscal risks from youth protests over jobs.
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