S&P Global Ratings Archives

September 23, 2026 4:58 PM

S&P, Fitch raise FY’27 India GDP growth projections

Global rating agencies S&P and Fitch on Wednesday raised India's FY27 GDP growth projection to 7 per cent and 6.9 per cent, respectively, boosted by robust June quarter economic activity. Asian Development Bank (ADB) has also raised India's FY27...

August 19, 2025 8:49 PM

India’s growth momentum intact despite US tariffs: S&P global ratings

India’s long-term growth prospects remain strong despite higher US tariffs, according to S&P Global Ratings, which upgraded the country’s sovereign credit rating to “BBB” with a stable outlook — the first such upgrade in 18 years. The ...

June 24, 2025 11:33 AM

India projected to see 6.5% GDP growth in FY26: S&P Global Ratings

India’s economy is projected to grow at 6.5 per cent in the current fiscal year (FY26), driven by strong domestic demand, a normal monsoon, and expected monetary easing, according to a report by S&P Global Ratings released on Tuesday. The repo...

June 10, 2025 12:07 PM

Indian corporates to double capital spending to $800-$850 billion over next 5 years

Indian corporates are projected to double their capital spending to $800 billion-$850 billion over the next five years, which will be largely financed by operating cash flows and facilitated by ample domestic funding options, said an S&P Global R...

March 25, 2025 3:23 PM

India’s GDP to grow at 6.5 pc in FY26, 75-100 bps rate cut likely: S&P Global Ratings

Showing a resilient economy in the Asia-Pacific region amid global uncertainties, India’s GDP will grow at 6.5 per cent in the fiscal year ending March 31, 2026, S&P Global Ratings said on Tuesday. This assumes the upcoming monsoon season will...

December 10, 2024 2:55 PM

S&P Global Ratings projects 6.8% growth for Indian economy in FY25

S&P Global Ratings on Tuesday projected 6.8% growth for the Indian economy in FY25, followed by 6.9% growth in FY26, on the back of strong urban consumption, steady service sector growth, and ongoing investment in infrastructure. The growth proj...

May 29, 2024 4:20 PM

S&P upgrades India’s sovereign rating outlook to ‘positive’

S&P Global Ratings has raised the country's sovereign rating outlook to 'positive' from 'stable' while retaining the rating at 'BBB-'. The rating agency cited India's robust economic expansion as having a constructive impact on its credit metrics...

December 6, 2023 10:36 AM

India will become world’s third-largest economy by 2030: S&P

Global rating agency S&P Global Ratings has said that India will become the world's third-largest economy by the year 2030. The rating agency has also estimated the country's gross domestic product (GDP) growth rate to reach seven percent in the ...