The Indian government has conveyed to the International Monetary Fund (IMF) that reducing the fiscal deficit to approximately 3% of the Gross Domestic Product (GDP) presents significant challenges. This communication underscores the complexities involved in achieving such a fiscal target. In a

Fitch Ratings has observed that India’s efforts to reduce its public debt are progressing at a gradual pace, highlighting potential vulnerabilities in the event of significant economic disruptions. The agency acknowledges the government’s commitment to a medium-term fiscal framework aimed at decreasing the debt-to-GDP ratio, which could positively influence