Fitch revises India outlook to negative from stable; affirms IDR at 'BBB-'

Fitch expects economic activity to contract by 5% in the fiscal year ending March 2021 (FY21) from the strict lockdown measures imposed since 25 March 2020, before rebounding by 9.5% in FY22

from Economy & Policy https://ift.tt/30Ss5jL
via IFTTT