Japan’s R&I upgrades India’s sovereign rating to BBB+ with stable outlook
Japan’s Rating and Investment Information, Inc. (R&I) has boosted India’s long-term sovereign credit rating to BBB+ with a Stable outlook, according to the Ministry of Finance. This marks the third upgrade in 2025, following similar actions by Morningstar DBRS in May and S&P Global in August. The recent decision highlights the increasing global trust in…