Question
Which Japanese rating agency recently upgraded India’s
long-term sovereign credit rating to BBB+ (Stable)?ÂSolution
Japan’s R&I upgraded India’s rating to BBB+ with a Stable Outlook, reflecting confidence in India’s fiscal consolidation, strong domestic demand, and stable external indicators. This is the third upgrade in 2025, following S&P and Morningstar DBRS, showcasing India’s growing economic resilienceÂ
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