<h1>Fitch Keeps India at BBB(-), Shifts Outlook to Negative; Finance Ministry Disputes, Citing Economic Growth and Reforms.</h1> Fitch Ratings has maintained India's sovereign credit rating at BBB(-) but changed the outlook from Stable to Negative, citing concerns over economic growth, inflation, and public finances. The Indian Finance Ministry criticized Fitch for relying on outdated data and overlooking recent positive economic trends and reforms, such as improvements in public finances, a reduction in government debt ratio, and structural reforms. The ministry highlighted recent economic improvements, including reduced core inflation, increased foreign investments, and initiatives to boost exports and infrastructure. The government believes these factors will support India's economic growth despite Fitch's concerns.