India’s GDP projected to increase 6.8% annually over next 3 years: S&P Global

India’s GDP projected to increase 6.8% annually over next 3 years: S&P Global

India remains among the best-performing economies in the world, and “we expect growth dynamics to continue in the medium term”, with GDP increasing 6.8 per cent annually over the next three years, S&P Global said on Thursday. India is prioritising fiscal consolidation, demonstrating the government’s political commitment to deliver sustainable public finances, while maintaining its…

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S&P Global upgrades India’s sovereign rating to ‘BBB’ on strong growth, fiscal reforms

S&P Global upgrades India’s sovereign rating to ‘BBB’ on strong growth, fiscal reforms

In a significant boost to investor confidence, S&P Global Ratings has upgraded India’s long-term unsolicited sovereign credit rating to ‘BBB’ from ‘BBB-‘, while also raising the short-term rating to ‘A-2’ from ‘A-3’. The outlook on the long-term rating remains stable, reflecting optimism around India’s policy continuity, robust economic growth, and improved fiscal management. Alongside the…

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