India, Aug. 25 -- When S&P Global Ratings reaffirmed India's sovereign credit rating at BBB with a stable outlook, it signalled more than just a data point, it was a recognition of India's fiscal discipline, reform, driven policy choices, and resilience in navigating global turbulence. At a time when advanced economies are grappling with stagnation and many emerging markets are facing instability, India has held its ground as the world's fastest-growing major economy, with GDP expected to expand by 6-6.5 per cent in 2025. This momentum is no accident. It reflects decisive governance backed by a clear reform agenda. Flagship initiatives like PM Gati Shakti and the National Infrastructure Pipeline, coupled with fiscal innovations such as the ...
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