S&P maintains India at ‘BBB’; fiscal consolidation key to next rating move

S&P Global Ratings retained India’s sovereign rating at ‘BBB’ with a stable outlook, but warned that a downgrade could follow if political commitment to fiscal consolidation fades or growth slows structurally, while meaningful deficit reduction could pave the way for an upgrade.
Key takeaways
- Category: Economy.
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A routine update. Use the price and stock snapshot to gauge how the market is responding.











