Fitch revises India outlook to 'Stable', maintains rating
Fitch Ratings on Friday revised its outlook on India`s long-term foreign currency Issuer Default Rating (IDR) to "Stable" from "Negative," citing diminished downside risks to medium-term growth
"High nominal GDP growth has facilitated a near-term reduction in the debt-to-GDP ratio," Fitch said in a statement. Source: IANS