Fitch Retains India's BBB- Rating, Cites Growth Resilience

A credit rating is like a report card for a country.

Fitch is a company that gives countries these grades.

Fitch kept India's grade at BBB-, which is the same as before.

Fitch also said the outlook is stable, meaning the grade probably will not change soon.

Fitch thinks India's economy is strong and getting better at making trustworthy rules.

There is a conflict between the United States and Iran in the Middle East.

That conflict makes energy more expensive, and India buys a lot of energy from other countries.

Fitch thinks India can handle these higher costs without big problems.

Still, India has high debts and many people with low incomes, which are concerns.

Overall, Fitch believes India will keep growing despite the challenges.