S&P retains India's sovereign rating at 'BBB-' with stable outlook

It said India’s recovery will gain pace through the second half of fiscal 2022 and into the following year. “If the second wave of Covid-19 continues to abate, we expect India's economic buoyancy to return, and that increased mobility and pent-up demand will power a strong recovery in the second half of the current fiscal year,” S&P said on Tuesday in a statement.

https://ift.tt/3kfAOqe