S&P Global 'Positive' On India For The First Time In 10 Years: Here's Why | News

S&P Global Ratings has upgraded India's sovereign rating outlook from 'stable' to 'positive', citing the country's strong economic performance as a key factor positively affecting its credit metrics. Finance Minister Nirmala Sitharaman welcomed the upgrade, stating that it reflects India's solid growth performance and promising economic outlook. She attributed this positive change to the numerous reforms implemented since 2014. Notably, this is the first time in ten years that the rating agency has improved India's outlook from stable to positive.

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