S&P lifts India's rating to BBB in first upgrade since 2007

S&P expects India's debt-to-GDP ratio to decline to 78 percent by fiscal year 2029, from 83 percent in fiscal 2025.

Reuters•Aug 14, 2025 08:51 AM• 2 views

FILE PHOTO: High-rise building are pictured in India's financial capital Mumbai, July 24, 2024.

Credit: REUTERS/Hemanshi Kamani/File Photo

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