NEW DELHI: Rating agency Standard & Poor’s reaffirmed India’s sovereign rating at the lowest investment grade (BBB-) on Friday with a stable outlook. Asia’s third-largest economy is expected to rebound significantly from its estimated record contraction in fiscal year 21 due to the coronavirus pandemic, although worsening weak fiscal scenarios …
Read More »S&P Affirms India’s ‘BBB-‘ Rating; sees limited space for fiscal stimulus
