September 19, 2025 5:22 PM
India’s sovereign rating upgraded to BBB+ (Stable) by Japan’s R&I
India's long-term sovereign credit rating has been upgraded to ‘BBB+’ with a Stable outlook by Japan-based Rating and Investment Information, Inc. (R&I), marking the country’s third sovereign rating upgrade this year. The Ministry of Finance welcomed the move, calling it a strong endorsement of India’s robust macroeconomic fundamentals and sound fiscal management. The upgrade follows S&P’s revision to ‘BBB’ in August 2025 and Morningstar DBRS’ upgrade to ‘BBB’ in May...