The agency has kept India's credit rating unchanged at 'BBB-' -- the lowest investment grade rating -- since August 2006. Fitch Ratings on Tuesday affirmed India's sovereign rating with a stable outlook saying the country has a robust growth outlook and resilient external finances. "Fitch Ratings has affirmed India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook," it said in a statement, adding strong growth potential is a key supporting factor for the sovereign rating. Fitch Ratings has affirmed India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-'(Reuters) Fitch Ratings has affirmed India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-'(Reuters) Also read: India services PMI for April climbs to 13-year high of 62 "India's rating reflects strengths from a robust growth outlook compared with peers and resilient external finances, which ha...
Ottawa announced Monday the expulsion of a Chinese diplomat accused of having sought to intimidate a Canadian lawmaker critical of Beijing, plunging the two nations into a new diplomatic row. Canadian Prime Minister Justin Trudeau(AP) Canadian Prime Minister Justin Trudeau(AP) "We will not tolerate any form of foreign interference in our internal affairs," Foreign Minister Melanie Joly said in a statement declaring the diplomat "persona non grata." Also read: Canada marks King Charles III's coronation with new Crown, Flag, postage "We remain firm in our resolve that defending our democracy is of the utmost importance," she said, adding that foreign diplomats in Canada "have been warned that if they engage in this type of behavior, they will be sent home." The move aggravated already strained Sino-Canadian relations, with China "strongly condemning" the decision it said was based on "groundless" accusations and vowing rep...