S&P global upgrades India's outlook to 'positive' amid 7% growth

S&P global upgrades India's outlook to 'positive' amid 7% growth

Ahead of India's election result announcement, S&P has upgraded India's sovereign rating outlook to "positive," citing the country's robust economic expansion. Analysts forecast GDP growth to remain near 7 percent annually for the next three years. This positive outlook is driven by several factors.