S&P revises outlook for India to positive, affirms rating at BBB-

S&P upgraded India's economic outlook to 'positive' from 'stable', affirming its 'BBB-' rating, the lowest investment grade. Despite elevated fiscal deficit, S&P cited robust growth and fiscal consolidation efforts. India's infrastructure spending and reform continuity bolster growth prospects. Ratings influence borrowing costs, crucial for investors assessing creditworthiness

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