S&P retains India's sovereign rating at 'BBB-'; keeps outlook stable
S&P on Wednesday retained India's sovereign rating at 'BBB-' with a stable outlook, saying that while risks to growth are rising, the economy and fiscal position will stabilise and begin to recover from 2021 onwards. "While risks to India's long-term growth rate are rising, ongoing economic reforms, if executed well, should keep the country's growth rate ahead of peers," S&P said in a statement. Read more
India's Covid-19 recovery numbers exceed active cases for first time
The number of recovered Covid-19 patients exceeded the total active cases in India for