Fast growth and big economic changes over the decade made India stellar at global level. Over the period, India has constantly transformed as a world’s fastest growing major economies with government reforms, rising global interest in India’s markets and strong domestic demand. One of the world’s top credit rating agencies, S&P Global Ratings improves its outlook for India on its credit rating. This improvement in credit rating is not only related to technical financial update but it also sign of India’s economic fundamentals, financial discipline, and policy direction are gaining more global faith.
Fast growth and big economic changes over the decade made India stellar at global level. Over the period, India has constantly transformed as a world’s fastest growing major economies with government reforms, rising global interest in India’s markets and strong domestic demand. One of the world’s top credit rating agencies, S&P Global Ratings improves its outlook for India on its credit rating. This improvement in credit rating is not only related to technical financial update but it also sign of India’s economic fundamentals, financial discipline, and policy direction are gaining more global faith.