Fitch warns India to stick to reforms, meet fiscal targets

India needs to commit to its recent reform measures and meet its fiscal deficit targets, Fitch Ratings said on Monday, putting further pressure on a government keen to retain investment grade ratings.
Despite praising recent policy steps and Finance Minister P. Chidambaram's assurances on deficits, Fitch said the country needed to do more, including unveiling "a credible" medium-term fiscal plan.