Japan's Rating and Investment Information (R&I) has upgraded India's long-term sovereign credit rating from 'BBB' to 'BBB+', while retaining 'stable' outlook for the Indian economy. This is the third such upgrade by a credit rating agency this year, following US' S&P and Morningstar DBRS' upgrades in August and May. This comes months after Donald Trump's 'dead economy' remark for India.