https://www.taxtmi.com/news?id=52559 Sovereign credit rating upgrade reflects recognition of macroeconomic resilience and sustained fiscal consolidation, driven by robust economic growth, improved public spending composition toward capital expenditure and infrastructure, stronger external and financial positions, and credible inflation management under an inflation-targeting framework. Greater policy predictability and development of deep domestic capital markets are emphasized as reinforcing factors supporting a stable outlook. Continued public investment alongside a narrowing fiscal deficit is identified as a prospective support for further positive credit assessments, while external shocks are seen as limited due to strong domestic demand. en-us Thu, 14 Aug 2025 18:48:37 +0530 Thu, 14 Aug 2025 18:48:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=52559 Sovereign credit rating upgrade reflects recognition of macroeconomic resilience and sustained fiscal consolidation, driven by robust economic growth, improved public spending composition toward capital expenditure and infrastructure, stronger external and financial positions, and credible inflation management under an inflation-targeting framework. Greater policy predictability and development of deep domestic capital markets are emphasized as reinforcing factors supporting a stable outlook. Continued public investment alongside a narrowing fiscal deficit is identified as a prospective support for further positive credit assessments, while external shocks are seen as limited due to strong domestic demand. News - Thu, 14 Aug 2025 18:48:37 +0530 https://www.taxtmi.com/news?id=52559