Rating and Investment Information, Inc. (R&I) has upgraded India’s long-term sovereign credit rating to ‘BBB+’ with a Stable Outlook, marking the third upgrade in 2025. This decision reflects confidence in India’s domestic demand-driven growth, prudent fiscal management, and the government’s effective economic policies. The upgrade highlights India’s resilient macroeconomic fundamentals amid global uncertainties. Post navigation Stock markets steady on SIP flows: Jefferies says mutual fund inflows preventing crash; stocks seen trading sideways Forex kitty expands to $702.9 bn, $4.7 bn added in a week; gold reserves rise $2.1 bn