New Delhi, Aug. 12 -- Policymakers can draw some cold comfort from Fitch's latest commentary accompanying its credit-rating review. While it left India's rating unchanged at BBB minus, Fitch sees resilience in some economic health metrics despite external-front uncertainties.

It forecasts GDP growth at 6.4% in 2026-27, about three times the average for countries rated likewise, and puts inflation around the central bank's target of 4%, while it notes that the country's external balances are strong.

These are no mean achievements as the world reels under a global supply shock. But India's debt at 84.4% of GDP (2025-26 data) is significantly higher than the 57% median for peer countries.

Little of it is externally owed and faster growth ...