S&P keeps outlook for India’s sovereign rating stable despite Covid-19 risks to economic growth ...News

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S&P keeps outlook for India’s sovereign rating stable despite Covid-19 risks to economic growth
source : Russia Today ( News ) () 25
S&P Global Ratings has said that it is not going to change its outlook for India's sovereign debt. However, economic recovery may stumble as Covid-19 infections in the country continue to break records, the rating agency warns. “Our outlook on India's sovereign rating remains stable which suggests that we do not expect there to be change in the rating level over the next two years. Currently that does remain the case,” Andrew Wood, director at Sovereign and International Public Finance Ratings for Asia-Pacific, said as cited by Reuters.  Also on rt.com Gold losing its shine

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