Fitch told portfolio inflows, FDI remain strong: officials

Foreign direct investment and portfolio flows into India remain strong, finance ministry officials told global ratings agency Fitch on Thursday, while making a pitch for a ratings upgrade.

Fitch officials are visiting officials in New Delhi a day after the rupee plunged to a record low, under pressure from global risk aversion and India's widening fiscal and current account deficit.
In April, Standard & Poor's downgraded the outlook for India to negative from stable, citing poor fiscal health and deteriorating economic indicators.

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