Rating analyses by global agencies, like Fitch, S&P & Moody’s, have faced flak for opacity of methods, over-reliance on perception. The space often witnesses ‘convergence’ of methodologies.
India's strong external settings will act as a buffer against financial strains despite increased government funding needs in next 24 months, S&P Global Ratings stated.
The US-based rating agency said rising demand and falling infection rates in India have led to revision of the real GDP growth from the negative 9% growth previously.
The rating agency says India, Mexico, and South Africa are among the banking systems that will be slower to recover to 2019 levels — likely beyond 2023.
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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