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S&P holds out a carrot for India, but with conditions

The rating agency says continued policy stability, deepening economic reforms, high infrastructure investment, high growth, along with cautious fiscal and monetary policy could lead to a higher rating over the next 24 months

May 30, 2024 / 07:42 IST
Interestingly, despite the rise in government capex, the S&P projections don’t show any increase in the investment/GDP ratio
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