India's credit rating upgraded to 'BBB' after Trump calls India 'dead economy', govt replies
India's long-term sovereign credit rating has been upgraded from 'BBB-' to 'BBB' by US-based S&P Global, days after US President Donald Trump said India has a "dead economy". The agency cited economic resilience and sustained fiscal consolidation for the upgrade, saying effects of Trump's tariffs on India will be "manageable". "India will continue its buoyant growth momentum," India replied.