India gets upgraded to ‘BBB’ with a ‘Stable’ trend in rating by Morningstar DBRS, a global sovereign credit rating agency. https://www.taxtmi.com/news?id=43376 Morningstar DBRS upgraded India's Long Term Foreign and Local Currency Issuer Ratings to BBB with a Stable trend and short term ratings to R 2 (high), citing structural reforms, fiscal consolidation, sustained growth, macroeconomic stability, and a resilient, well capitalised banking system as key drivers; further upgrades depend on continued reforms that raise investment rates and reduce the public debt to GDP ratio, while debt sustainability is supported by local currency denomination and long maturities. en-us Fri, 09 May 2025 17:37:13 +0530 Fri, 09 May 2025 17:37:12 +0530 TaxTMI RSS Generator India gets upgraded to ‘BBB’ with a ‘Stable’ trend in rating by Morningstar DBRS, a global sovereign credit rating agency. https://www.taxtmi.com/news?id=43376 Morningstar DBRS upgraded India's Long Term Foreign and Local Currency Issuer Ratings to BBB with a Stable trend and short term ratings to R 2 (high), citing structural reforms, fiscal consolidation, sustained growth, macroeconomic stability, and a resilient, well capitalised banking system as key drivers; further upgrades depend on continued reforms that raise investment rates and reduce the public debt to GDP ratio, while debt sustainability is supported by local currency denomination and long maturities. News - Fri, 09 May 2025 17:37:13 +0530 https://www.taxtmi.com/news?id=43376