https://www.taxtmi.com/news?id=52573 Sovereign credit rating upgrade reflects assessment of macroeconomic resilience and policy credibility, citing sustained economic growth, fiscal consolidation, improved quality of public spending focused on capital expenditure and infrastructure, stronger corporate, financial and external balance sheets, and effective inflation management under an inflation targeting framework. The agency links further positive rating prospects to a narrowing fiscal deficit and continued public investment, notes benefits from deeper domestic capital markets and democratic policy continuity, and observes limited impact from recent external tariffs owing to resilient domestic consumption. en-us Thu, 14 Aug 2025 20:31:04 +0530 Thu, 14 Aug 2025 20:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=52573 Sovereign credit rating upgrade reflects assessment of macroeconomic resilience and policy credibility, citing sustained economic growth, fiscal consolidation, improved quality of public spending focused on capital expenditure and infrastructure, stronger corporate, financial and external balance sheets, and effective inflation management under an inflation targeting framework. The agency links further positive rating prospects to a narrowing fiscal deficit and continued public investment, notes benefits from deeper domestic capital markets and democratic policy continuity, and observes limited impact from recent external tariffs owing to resilient domestic consumption. News - Thu, 14 Aug 2025 20:31:04 +0530 https://www.taxtmi.com/news?id=52573