Reining in high fiscal deficits key to India keeping investment grade rating – S&P

Higher government deficits and higher debt stock over an extended period is the key risk to India‘s investment grade credit rating, Andrew Wood, director Asia-Pacific Sovereign Ratings at S&P Global Ratings, warned on Wednesday. S&P currently has India at “BBB-“, its lowest investment grade rating, with a stable outlook. “We will be watching the balance […]

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