Dalal Street Investments

Fitch raises India’s Rating to Investment Grade

August 1, 2006

Trusted international rating agency, Fitch upgraded India’s rating minutes ago to Investment grade. Citing improvement in public finances and terrific growth in the Indian economy in Q1-2006 are direct results of Indian governments policies.

India’s rating now stands at BBB- with a stable outlook. This should bring back the foreign institutional investors back to dalal street 🙂


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