India’s Sovereign Rating Upgraded to BBB+ by Japan’s R&I | 3rd Upgrade This Year | News18

India’s Sovereign Rating Upgraded to BBB+ by Japan’s R&I | 3rd Upgrade This Year | News18

Japan’s R&I rating agency has upgraded India’s foreign issuer rating from BBB to BBB+ with a stable outlook, adding to two earlier upgrades by S&P and Morningstar DBRS in 2025. The move highlights India’s strong domestic demand, fiscal discipline, and improved external stability. GDP growth remains strong, fiscal deficit is narrowing, and current account risk has eased.

#IndiaRatingUpgrade #RAndI #BBBPlus #IndiaEconomy #SovereignRating #FiscalDiscipline #GDPGrowth #news18

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