Third upgrade in 2025! Japan’s R&I raises India’s sovereign rating to BBB+; cites strong growth outlook and fiscal discipline
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Rating and Investment Information, Inc. (R&I) has upgraded India's long-term sovereign credit rating to 'BBB+' with a Stable Outlook, marking the third upgrade in 2025. This decision reflects confidence in India's domestic demand-driven growth, prudent fiscal management, and the government's effective economic policies. The upgrade highlights India's resilient macroeconomic fundamentals amid global uncertainties. What's Your Reaction?
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