Standard & Poor's (S & B) has released its rating regarding India's economy. There has been no change in India's grades in this rating on Friday. This is BBB only. Whereas, Outlook is stated to be stable.

This information has been given in many TV reports with reference to the sources. However, the official statement is yet to come.

Standard & Poor's appreciated the steps taken by the Modi Government on the front of the economy, but did not upgrade the rating.

Explain that BBB grade is the lowest category related to investment.

Earlier, Moody's had recently upgraded India's rating to BAA 2. This improvement in the rating took place after 13 years. Due to economic and institutional reforms, the prospects for a better growth in the domestic economy were improved by the agency. Earlier, in 2004, India's rating was improved to BAA 3. BAA rating is the lowest rating of the investment category. In 2015, it stabilized the rating scenario positively.

Actually, this rating is indicative of the investment environment of any country. It gives investors information about risks related to investment in a country. These risks also include political risks.

For a long time, India has been rated the lowest in the rating category BAA 3. Moody's now topped it a notch. This improvement in the rating was done at a time when only a few days ago, India's position in the World Bank Business Facilitator (Is of doing Business) report was up 30 places to 100.

But Standard & Poor's (S & B) has issued its rating regarding India's economy. There has been no change in India's grades in this rating on Friday. This is BBB only. Whereas, Outlook is stated to be stable.

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