S&P Global Upgrades India's Outlook From Stable To Positive Amid Robust Growth
NDTV
S&P Global said that the "positive outlook reflects our view that continued policy stability, deepening economic reforms, and high infrastructure investment will sustain long-term growth prospects".
Global rating agency S&P Global today revised India's outlook from stable to positive, as the country continues to excel in long-term economic growth amid political stability.
S&P Global said that the "positive outlook reflects our view that continued policy stability, deepening economic reforms, and high infrastructure investment will sustain long-term growth prospects".
"That, along with cautious fiscal and monetary policy that diminishes the government's elevated debt and interest burden while bolstering economic resilience, could lead to a higher rating over the next 24 months," the rating agency said in a statement.