S&P changes India’s outlook from ‘stable’ to ‘positive’ – Times of India
NEW DELHI: Global ratings agency S&P on Wednesday revised India’s outlook to ‘positive’ from ‘stable’ citing robust growth and improvement in the quality of govt spending, but kept the sovereign rating at the lowest investment grade of BBB (minus).“We expect sound economic fundamentals to underpin the growth momentum over the next two to three years.Regardless…