India’s rating on the economy is not as good news as found by the International Agency of S&P

The government did sharply criticize S & P for not changing the last year’s rating.

New Delhi: International Global Rating Agency Standard & Poor’s (S & P) has not changed India’s rating on the economy. According to Standard & Poor’s, India’s rating is currently the ‘Tribal B Minus’ (‘BBB’). Outlook is still stable.

Ratings do not seem to fall even if you do not grow

Let us tell you that last year S & P had retained India’s rating in the treble-b-minus (‘BBB-‘), while the perspective was kept steady. Keep in mind that this is the last rating in terms of investment. At the same time, keeping the viewpoint steady means that even though the ratings do not grow at the moment, there is no hope of falling.

The government had strongly criticized S & P for not changing the last year’s rating and had said that agencies should look at ways to fix ratings.

13 years after Moody’s boosted India’s rating

Let me also tell you that Moody’s Investor Services, America’s rating agency, last week, improved 13 years later from India’s Soviet rating ‘BAA 3’ to ‘BAA 2’. Also, the perspective had stabilized from the positive.

Improvement in Moody’s rating means that foreign investors will grow in India and they will be able to invest freely here. At the same time, changing the point of view means that there is no possibility of a fall in it at present and it can also be further improved.

India’s strong leap in ‘Is of Dowing’ business ranking

Earlier, on November 1, India had made its top position in the top 100 countries by making tremendous leap of 30 places in business easing ie ‘Is of Downing’ in the business rankings. The latest situation is that India has moved up to 100th place in the list of 190 countries, while in the year 2017 it was 130th place.