S&P affirms India’s ‘BBB’ sovereign rating; cites dynamic economy, policy stability

New Delhi, Aug 27 (PTI) S&P Global Ratings on Thursday retained India’s sovereign rating at ‘BBB’ with a stable outlook, saying India is a dynamic and fast-growing economy with policy stability and high infrastructure investment. In August last year, the US-based rating agency upgraded India’s long-term sovereign credit rating after a gap of 18 years [...]