S&P Global upgrades India's credit rating to 'BBB', signaling improved economy and fiscal health.

S&P Global has upgraded India's sovereign credit rating to 'BBB' from 'BBB-', indicating improved economic fundamentals and fiscal reforms. The upgrade reflects strong economic growth, fiscal consolidation, and a disciplined policy environment. It is expected to attract more global investors and lower borrowing costs. The stable outlook suggests that India will maintain its growth trajectory, driven by high infrastructure investment and sound fiscal policies. The upgrade is the first in 18 years and recognizes India's economic resilience post-pandemic.